Mexico City, Monterrey, Tijuana and Juárez, the most attractive markets
By Perla Eunice
February 23, 2022
Mexico's industrial market
offers many growth opportunities in 2022. Marcos Álvarez, CEO of Market
Analysis, pointed out that a great deal of movement is expected due to the
arrival and expansion of e-commerce, electronics and medical companies; and the
automotive sector in the Bajío, Juárez and Saltillo areas.
Currently, large industrial
developers are looking for opportunities in a variety of markets in Mexico
because of the advantages offered by its labor force and manufacturing
capacity.
"There are new
developers that came into the market; REI (Real Estate Investments), for
example, has had a very solid start, and they are expected to grow
significantly. In addition, there are developers like Vesta, who are investing
in Monterrey with a new 30-hectare industrial park."
Marcos Álvarez added that
the most demanded industrial markets are Mexico City, Monterrey, Tijuana and
Juárez, where Mexico's largest transactions are carried out.
He said that Monterrey,
Mexico City and Tijuana are expected to maintain a strong growth rate similar
to that of 2021. E-commerce and automotive will be the main sectors that will
boost the industry.
INDUSTRIAL
SPACE DEMAND
A major challenge that the
industry will face during 2022 is to meet the demand for industrial space. "The
Mexican market is highly dependent on the United States, and this is expected
to be the prevailing pattern," he said.
He also noted that the
pandemic led to a drop in speculative building construction, so there is low
supply in major markets. This challenge is driving the construction launching
time of industrial buildings and parks to be shortened.
To close, the CEO of Market
Analysis reported that markets such as Torreon, Hidalgo and Merida are drawing
the attention of developers. This is due to the growth of the regions. He added
that Market Analysis will expand its presence in these states in order to
provide its customers the most current, real and detailed information.
Contact:
Marcos Alvarez, CEO