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At the close of Q2 2026, Mexico’s industrial real estate market continued to show varied performance as the year progresses, in an environment shaped by tariff caution and a gradual adjustment in availability levels across different regions of the country. In this context, the Northwest region —…
Read moreMIL Industrial Park is one of the industrial developments currently under construction in the Tijuana market. Developed by Grupo MRP, the park is designed to serve companies focused on advanced manufacturing, international logistics, and export operations — sectors that continue to drive demand…
Read moreMexico’s corporate real estate market closed 2025 with sustained recovery in office space demand across the country’s major cities. Mexico City, Monterrey, Guadalajara, Querétaro, and Tijuana recorded higher gross absorption (lease and sale transactions), reflecting growing demand in key corridors…
Read moreOver the past year, Mexico’s industrial real estate activity has entered an adjustment stage after the record levels of gross absorption (or real estate transactions) seen during the pandemic and the years that followed. This has resulted in a significant increase in availability in the Northwest…
Read more2024 marked a year of stabilization in Mexico’s industrial real estate market fundamentals after a period of atypical growth driven by nearshoring and e-commerce. This was reflected in the gross absorption of industrial spaces, as levels declined nationwide. However, the northern markets…
Read moreLogistics and parcel companies have established operations in border industrial real estate markets to take advantage of the cross-border trend. These markets include Tijuana, Ciudad Juárez, Reynosa, Nuevo Laredo, and Nogales. Among the companies that have set up operations are Maersk, Ryder, DSV…
Read moreThe industrial real estate market in Tijuana performed well during 2Q 2024, driven by a renewed demand for built-to-suit (BTS) industrial buildings for lease and sale, as well as subleases. This follows three quarters of weak numbers. From April to June 2024, Tijuana recorded a total gross…
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