During the first quarter of 2021, the country's industrial real estate market remained solid due to the arrival of significant investments.
According to the report prepared by Solili, corresponding to 1Q 2021, during this period 161 sales and rental transactions were carried out, totaling 1.3 million square meters.
Among the markets that mostly monopolized these transactions are Mexico City, Ciudad Juárez, Guadalajara, Monterrey and Tijuana, which together account for 70% of the country's total demand.
Table 1: Top 10 industrial space transactions during 1Q 2021 in Mexico (m²)
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Although Guadalajara and Ciudad Juárez have always remained important attractive markets for investment, it was during 1Q 2021 that they managed to report figures well above those traditionally reported.
During 1Q 2021, the 10 most important transactions in terms of volume of leased meters were located in Guadalajara, Ciudad Juárez, Tijuana, Mexico City and San Luis Potosí. C
Four of these transactions correspond to tailor-made projects, while the remaining six to speculative spaces. The sectors that stand out in these transactions are the automotive, manufacturing and logistics sectors.
Graph 1: Origin of the 10 largest industrial transactions in the country during 1Q 2021.