Industrial spaces play a fundamental role in driving development and attracting investment in Mexico. At VYNMSA we offer investment opportunities in industrial spaces across different regions of the country for the growth of your company. In this blog you will learn about the overview of industrial spaces in Mexico and we will highlight the advantages of these industrial buildings for the development of your company.
Overview of Industrial Spaces in Mexico
Mexico has an extensive network of industrial parks strategically distributed throughout its territory. These industrial zones offer access to key markets in both North America and Latin America. The geographic distribution of these industrial parks is a key factor contributing to regional and national economic development.
Geographic Distribution of Industrial Parks
The location of industrial parks in Mexico is diverse and strategic. From the northern border with the United States to the industrial regions in the center and south of the country, there is a wide variety of options for companies looking to establish themselves in the country. According to AMPIP data, during 2023 the net absorption of the industrial real estate sector in Mexico was 5.0 million square meters and with 2.2% of spaces available to be commercialized. This sector has been growing due to nearshoring.
Trends in the Industrial Space Rental Market
The industrial leasing market in Mexico has experienced significant growth in recent years. The demand for industrial space, driven by the expansion of sectors such as manufacturing, logistics and technology, has generated opportunities for investors and developers. In addition, flexible lease terms and diversification of supply have contributed to the dynamic nature of this market.
According to AMPIP and CBRE, the most dynamic sectors in our country are: 51.5% manufacturing, 23.1% automotive and 16.5% logistics. In terms of locations, the north accounts for 63.1% of demand, mainly in Monterrey, Juarez, Saltillo, Tijuana and Reynosa, followed by the Bajio with 17.3%, in states such as Guanajuato, Queretaro, San Luis Potosi and Jalisco, and finally the center with 19.6% in Mexico City, Toluca and Puebla. VYNMSA has industrial buildings in key areas of Mexico. Thanks to our years of experience, today we have strategic locations in:
- Nuevo León
- Coahuila
- San Luis Potosí
- Guanajuato
- Querétaro
Starting operations with VYNMSA provides you with great benefits such as strategic locations in key points that are trending within the sector.
Other trends in the market, according to data from El Economista newspaper, is that the construction sector is experiencing a remarkable growth in three key areas:
- Artificial Intelligence (AI): AI stands out as a fundamental tool for speeding up all aspects of operations, from the initial design and planning phase to the execution and maintenance of real estate. Its ability to optimize processes promises to revolutionize the industry.
- Drones: Equipped with advanced technologies such as cameras and LiDAR, drones are transforming the way construction sites are inspected. They enable fast and accurate assessment of large areas, speeding up inspections, improving the tracking of project progress and ensuring more effective quality control.
- Modular construction and prefabrication: These practices offer a variety of benefits such as reduced project timelines, cost optimization and improved quality control. The adoption of modular and prefabricated methods is gaining momentum due to their ability to increase efficiency and productivity in the construction industry.
Advantages of Investing in Industrial Spaces in Mexico
Investing in industrial spaces in Mexico offers several advantages for both companies and investors. The following are some of the most relevant ones:
- Strategic location: Mexico has a privileged geographic location, facilitating access to key markets.
- Connectivity: The country is constantly investing in infrastructure, which improves and facilitates the transportation of goods.
- Competitive costs: Labor and operating costs are often lower compared to other countries, increasing the profitability of industrial operations.
- Free Trade Agreements: Mexico has a network of free trade agreements that facilitate the exchange of goods with more than 50 countries, including the United States and Canada.
- Sustained economic growth: The Mexican economy has maintained sustained growth in recent years, creating opportunities for industrial development.
- Skilled labor force: The country has a growing labor force, with more and more professionals trained in technical and specialized areas.
- Tax and regulatory benefits: Mexico offers a favorable tax environment for companies operating in the industrial sector. There are tax incentives and government support programs aimed at encouraging investment and industrial development in the country. In addition, the regulatory framework is clear and transparent, providing legal certainty to investors.
Investing in industrial space in Mexico is a strategic opportunity for companies and investors looking to maximize their profitability and expand their operations in a favorable environment. With a strategic location, competitive advantages and a business-friendly environment, Mexico has established itself as an attractive destination for companies and investors looking to expand in the region.
At VYNMSA, we are committed to boosting the industrial sector in Mexico and supporting our clients in their search for profitable investment opportunities. Learn more about our solutions and join us in this exciting journey of industrial growth and prosperity, grow with VYNMSA!
