CTT Corridor Leads Industrial Development in Northern Mexico City

The northern area of the Valley of Mexico has confirmed its role as a major hub for industrial growth. According to CBRE Mexico’s Marketview Industrial CDMX Q2 2025 report, the CTT Corridor—comprising Cuautitlán, Tultitlán, and Tepotzotlán—accounted for 47% of total industrial space demand in the first half of the year, reinforcing its position as the driving force of the Mexico City metro market.

With total gross absorption reaching 640,000 m², the CTT Corridor also attracted 91% of new inventory delivered during the period, maintaining one of the lowest vacancy rates in the country at just 0.8%.

Strong Net Absorption and Construction Activity

Net absorption reached 439,000 m² during H1 2025, a 496% year-over-year increase and a 97% rise compared to pre-pandemic levels. In Q2 alone, 285,000 m² were added to the inventory—93% of which were pre-leased—indicating high anticipated demand from companies.

“CTT’s appeal lies in its strategic logistics connectivity, proximity to the capital, and availability of modern infrastructure, making it ideal for light manufacturing, logistics, and e-commerce operations,” CBRE’s analysis states.

Investment and Nearshoring Drive Expansion

During Q2 2025, construction began on 213,000 m² of new space, with 88% concentrated in Cuautitlán and Tultitlán. Many of these were Built-to-Suit projects, and 21% of the 433,000 m² currently under construction were already pre-leased—highlighting a trend of early commitment from tenants.

The pipeline for planned projects now exceeds 3.3 million m², with 54% located in the Zumpango-AIFA corridor and 26% in the CTT. This volume reaffirms the northern metro area’s role in driving industrial expansion in the short and medium term.

Foreign Investment and Sector Breakdown

Nationwide, the industrial sector was the top recipient of Foreign Direct Investment (FDI) in Q1 2025, with a total of $12.2 billion USD driven by manufacturing and mining projects. The United States, the Netherlands, and Australia led this investment activity.

In the Mexico City metro area, logistics accounted for 69% of Q2 transactions, with e-commerce making up 31%. Mexican and Argentine companies were the primary tenants during the period. In the CTT corridor, the average transaction size reached 9,000 m², confirming the region’s importance for large-scale operations.

The Class A industrial inventory in the Mexico City metro area reached 11.98 million m² by the end of H1 2025, following the addition of 411,000 m² of new space. Cuautitlán led the way, contributing 73% of the new supply, followed by Tultitlán (17%) and other corridors like Huehuetoca-Tepeji, Last Mile, and Vallejo-Azcapotzalco.

By the end of Q3 2025, the industrial inventory is expected to surpass 12 million m², amid a tight market defined by low availability and a high rate of pre-leasing, which now accounts for 79% of current transactions.