The industrial parks built in Mexico are an important factor for attracting international companies.  Its success as real estate spaces is that the country has competitive advantages for manufacturing and logistics industries with global scope, and the closeness we have with the U.S. is an important factor, as companies seek to settle manufacturing plants in the country, with low production costs, to easily export their products to the North American country thanks to the North American Free Trade Agreement (NAFTA.)


Another Mexico's great success factor as an industrial country, and thus the success of industrial parks, is due to highly skilled workforce, which allows manufacturing parts or auto parts, airplanes, machines, medical devices, among others.


Placed as the 14th largest territorial extension country in the world, Mexico has on its surface, cities and industrial zones whose growth and development are closely linked.


Due to the economic conditions worldwide, the first half of 2017 compared to 2016, presents a 25 % growth in the real estate absorption in Mexico.


The size of the industrial market in the country grew 14.30 % more compared to the first half of 2016.  Which means that currently the industrial market is 530.69 million square feet?


Marcos Alvarez, NAI Mexico's National Director Market Intelligence, reported that the largest submarkets with the largest industrial market in Mexico are Monterrey with 19 % and Mexico City with 16 %, “this is because they are the two main cities with greater availability and absorption of the country.  In the first half of 2017, 165 transactions were recorded throughout Mexico, giving a gross absorption of 17.09 million square feet, 50 % of the transactions being Class A and Class B inventory ships, 43 % of the closures being BTS and 7 % of expansions.  Of the 17.09 million square feet, 70 % of the transactions were for rent and 30 % for sale.”

He also commented that the country with the most industry is Mexico with 63 companies installed, taking 39 % of the market, followed by Mexican companies with 21%, Japan with 11 % and Germany with 8 %.


With information from NAI Mexico, the vast majority of companies located in the State of Mexico are national capital, accounting for 59 % of productive activity, followed by the U.S.A. covering 37 % and Korea with 4 %.


The industrial sector with more presence is the logistic due to the multiple inaugurations of logistic centers covering 100 % of the market.




Marcos Alvarez explained that the size of Mexico's industrial market - Toluca grew by 1.08 % more compared to the second half of 2016. Now the size of the industrial market in Mexico is 85.96 million square feet giving a Vacancy of 3.22 %, the Main sub-market with greater size Cuautitlan with 36 % being the submarket with greater availability and absorption of Mexico - Toluca.


“In the first half of 2017, 11 transactions were registered in Mexico - Toluca giving a gross absorption of 2.76 million square feet, 87 % of the transactions is Class A and Class B inventory ships, 13 % of the closures are Of BTS.”


Of the 2.66 million square feet, 100 % of the transactions went on leasing.


“Tultitlan was the sub-market with the highest absorption in the first half, accounting for 5 transactions giving 1.34 million square feet. The 100 % of the transactions made in Tultitlan were in inventory buildings, taking 48 % of the transactions. This results because the distribution centers are looking for first generation buildings. The main customers installed in Mexico - Toluca in the first half of 2017 were Elektra, Liverpool and VF Outdoor.


The submarket that follows with increased absorption in Mexico – Toluca is the Tepotzotlan submarket with 22 % of the market.




Mexico has 303 Class A and Class B spaces available, resulting in a total of 25.61 million square feet, of which, 17.45 million are Class A and 8.18 million are Class B buildings.


Monterrey is the submarket with the highest Class A buildings availability with (17 %) 3.64 million square feet, the next sub-market with the highest availability of Class A buildings is Mexico City with (11 %) 2.67 million square feet and Guanajuato with (10 %) 2.50 million square feet built.

The Estado de Mexico has 31 Class A and Class B spaces available, giving a total of 2.88 million square feet, of which 2.67 million are of type A and 212,850 are of type B. The municipality of Cuautitlan is the territory with greater availability.





In buildings under construction for inventory industrial buildings are 56 buildings across Mexico, giving a total of 7.85 million square feet.  Mexico City is the submarket with 34 % of the market in buildings under construction (10,) which translates into 2.66 million square feet; Monterrey is the next sub-market with greater construction of buildings (13,) giving a total of 1.83 million square feet and taking 23 % of the market in buildings under construction.


In the State of Mexico 10 buildings are under construction, where 52 % are being built in the municipality of Cuautitlan by E-Group and O'Donnell developers.







Prologis Park Grande, TepozPark Phase  1 of 4, Megapark, O´Donnell Puente Mexico, BTS 3 Tepotzotlan, TlanePark IV,


Finsa II, Vesta Park Puebla, extension Finsa I


Different parks have been announced but the construction has not started





Mexico City and the Estado de Mexico will continue their vocation in Advanced Distribution Centers, Tlaxcala and Puebla with manufacturing buildings.



In recent years the industrial activity in Mexico has been strengthened by a wave of foreign investment from different parts of the world; this capital comes to the country for many reasons, but among them stands out the geo-strategic position that Mexico has in the world, its industrial parks and the quality of workforce.




Tlaxcala has been one of the areas most benefited by the industrial activity.  This area catches the attention of the real estate sector.  It gradually draws the attention of all the economic sectors; new investments and new companies arrive in this territory, promoting the construction of housing.  The new infrastructure and new sources of work are positioning Tlaxcala as a highly competitive entity and city, and it is expected that in the coming years, the industrial region of Puebla-Tlaxcala will flourish and offer a better life quality to its inhabitants.