During the first months of 2024, there has been a significant increase in the development of industrial parks in Guadalajara, with a total sum of approximately 102,000 square meters, marking a 50% increase in industrial activity compared to the same period in 2023. This growth has facilitated the arrival of several companies establishing their production operations in Mexico, thereby making a substantial...
The United States-Mexico-Canada Agreement (USMCA), which currently marks four years in effect and is set for review in two years, has helped the country maintain its position as one of the main trading partners of the United States, bringing benefits in exports and imports. Although the USMCA formally came into force on July 1, 2020, replacing the North American Free Trade Agreement (NAFTA) which began in...
In recent years, Queretaro has experienced significant growth in the occupancy of its industrial parks, achieving an increase from 93% to 95%. This phenomenon underscores the growing attractiveness of the region for industrial investment and signals a positive trend in the state's economic development. According to the Secretary of Sustainable Development (SEDESU), Queretaro boasts approximately...
Reynosa has solidified itself as a keystone in the cross-border economy between Mexico and the United States, driving the expansion of American manufacturing. Its proximity to Texas and its productive capacity makes it an essential strategic point for trade and logistics. In 2023, Reynosa recorded exports totaling $16.1 billion, highlighting its role as a manufacturing and logistical bridge with...
The arrival of nearshoring has brought great opportunities for growth in the construction of industrial buildings in Mexico. Companies are seeking to explore new investment opportunities to reach their target market and continue expanding their possibilities and opportunities. Therefore, development firms in Mexico have significantly increased their activity in constructing industrial buildings in the...
In January 2024, San Luis Potosí emerged as a key driver of industrial growth in Mexico, according to the Monthly Indicator of Industrial Activity by State (IMAIEF) released by the National Institute of Statistics and Geography (INEGI). The state experienced a 10.2% increase, making it the second-highest in growth, surpassing states like Querétaro, Nuevo León, and Aguascalientes, and trailing only...
Nearshoring has sparked an unprecedented dynamism in the industrial real estate market, demanding strategic planning backed by expert advice from companies. In the first quarter of 2024, the availability of industrial spaces remained around 1.8% nationwide, with an even lower rate in the northeast, at 0.9% for Class A spaces, a figure lower than the previous year. The growing demand extends from...
Reynosa, a city located on the border of Mexico, stands out as a growing industrial center that attracts both local and foreign investors. Its prime location and well-developed infrastructure make it an attractive destination for companies looking to establish themselves in the country. According to data from Solili, at the end of the first quarter of 2024, Reynosa exhibits a vacancy rate of 3.5%, the...
Since 2019, investments from Asia have played a significant role in the demand for industrial space in Mexico. By the end of 2023, the occupancy of industrial warehouses due to nearshoring reached nearly 1.7 million square meters, representing a 5% increase compared to 2022, according to CBRE Mexico data. During the period from 2019 to 2023, China led investments in Mexico, accounting for 40% of the...
The skill and expertise of skilled workers in Coahuila stand out significantly for companies exploring investment opportunities in the region. This appeal is backed by the recognition from the National Institute of Statistics and Geography (INEGI), which places Coahuila at the forefront nationally in terms of its contribution to exports in the Transportation Equipment Manufacturing sector. This privileged...
