In the capital of the country and the Mexican territory that borders the city, there is little space for last mile projects, at the same time reconversion projects are being registered, as confirmed by the Newmark real estate company.

Among the main challenges that have been identified in 2022 and that may become more acute in the following years for the development of large industrial parks in the Metropolitan Area of the Valley of Mexico, the scarcity of land and the high costs of real estate and available land stand out. for sale, considered the firm.

Of interest: Opportunities and risks for a sustained development of industrial investment

The region is undergoing a reconversion of spaces, as an example the Cuautitlán-Tultitlán-Tepotzotlán (CTT) corridor stands out, where new non-conventional zones are being reconfigured, a situation that has been well accepted and the reconfigurations solve part of the imminent needs of the different users to rent spaces.

The company specified that a large number of investment funds, FIBRAS and real estate developers "are with their sights set" on reconverting real estate within the country's capital to lease industrial spaces.

For industrial condominiums, the challenge is to find and reconfigure old properties, due to the high costs to develop and generate profitability with an industrial real estate project with assets that will be acquired at very high prices”, explained the director for the industrial sector of Newmark, Jorge Fabris .

Check here: What to expect from the industrial real estate market in Mexico towards the end of the year?

It is from this, the firm reiterated that for the remainder of 2022 and towards 2023 the conceptualization and development of industrial condominiums within Mexico City will continue to represent a constant to satisfy the high demand of users of the electronic commerce sector, logistics and distribution.

In Solili you can consult industrial buildings available in Toluca, Naucalpan and Vallejo

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