Toluca has maintained its importance within the industrial development of Mexico City, where connectivity and infrastructure have been key to attracting investment that has strengthened the State of Mexico in the scenario of national industrial demand, mainly in the manufacturing sector.

Toluca stands out both for its relevance in the inventory with about 25% of the total than the capital of the country and for its participation in the capital's demand that allows it to accumulate about a fifth of the closings during the first half of 2022.

Of this semi-annual total, 60% corresponds to class A ships and developers such as Parks, Grupo Paragon, Vesta, Pulso Inmobiliario, who manage to stand out in the participation in the accumulated transactions of 2022.

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At the end of 2Q 2022, this corridor has just over 137 thousand square meters available, opening the possibility for potential tenants looking for space in Toluca, there are currently spaces from 838 square meters to 23.8 thousand square meters.

For its part, construction continues to advance in this important submarket with 210 thousand square meters of which about 46% are available with properties ranging between 5.5 thousand and 23.5 thousand square meters.

Private and public investment have been a fundamental pillar of development in Toluca, where resources have been allocated to road works that allow a more efficient connection between the Valley of Mexico and the Valley of Toluca with the investment in the Toluca-Naucalpan and Siervo highways. of the Nation.

This last road along its 14 km seeks to solve the connectivity problems of the recently inaugurated Felipe Angeles International Airport.

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On the part of private investment, in mid-June 2022, the Litos Lerma park was inaugurated with nearly 60 thousand square meters of industrial buildings, which strengthens the industrial offer of this submarket, likewise years ago Prologis, another important developer of the area, inaugurated its third park in the city consisting of three industrial buildings.

Regarding rental prices, while Mexico City averages $6.2 dollars per square meter per month, in Toluca we find much more competitive rental prices in the order of $5.14 dollars per square meter per month, very similar to those offered by Tepotzotlán, which is the busiest submarket in Mexico City.

For the remainder of the year, it is expected that demand will be reactivated in this submarket, since in the last two quarters it has been the northern zone that has led industrial demand at the national level and some operations have been lengthened in terms of closures. so we could see more movement towards the end of the year.