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Ignacio Lacunza Magaña, national president of the Mexican Association of Real Estate Professionals (AMPI), said that 2023 will be a record year for the industrial real estate sector, as there is a high demand for industrial warehouses by companies attracted by nearshoring in the northern border zone, the Bajio and towns near the Transisthmus Corridor and the Mayan Train.

This record demand for industrial space is also due to the growth of e-commerce, said the real estate developer.

At the end of the third quarter of 2022, border industrial markets such as Tijuana, Mexicali, Ciudad Juarez and Nuevo Laredo, as well as the northeastern and western regions of the country, with cities such as Monterrey and Guadalajara, had historic absorption figures with leasing of industrial space of over 200,000 square feet, he said.

At this moment there are vacant spaces of less than 1% of the total inventory of industrial buildings for rent, the AMPI president reminded.

He added that the Mexican economy has a skilled labor force, world-class infrastructure and excellent services to receive all the first class companies seeking to establish themselves in an agile, orderly and formal way to start their operations.

Thanks to the increase in supply chains derived from the exponential growth of digital commerce, he added, Mexico has become a magnet for the arrival of

SOURCE: FORBES MEXICO