One of the global phenomena that has impacted Mexico is the reconfiguration of supply chains, also known as nearshoring, which has led to an extraordinary growth of the industrial park sector in Mexico.
According to Silvia Gómez Sosa, a specialized analyst at the consulting firm Datoz, between 2019 and so far in 2024, 150 industrial parks (some consolidated and others under construction) were built throughout the country, representing a total of 10.6 million square meters of profitable surface area.
In recent years, the demand of national and international companies seeking to establish their production processes in this country in order to get closer to the world's largest trading partner, the United States, has increased, leaving the sector with practically no available space and accelerating investment in new projects.
To capitalize on nearshoring, the virtual president-elect, Claudia Sheinbaum, announced that during her six-year term she will promote the construction of 100 more industrial parks, which some experts believe could be viable with the right strategies and support.
Among the projects built in the last six years, there are an estimated 150 parks, which faced not only high construction costs, but also a shortage of infrastructure, especially electricity; therefore, addressing this deficit would be one of the main challenges for the next government.
For its part, the SiiLA platform reported that 2024 aims to break the record for new industrial deliveries in Mexico. It is expected that a total of 6.7 million square meters will be delivered by the end of the year. This translates into 210 industrial buildings, distributed in the country's main markets, such as Monterrey, Saltillo, Mexico City, Ciudad Juarez, Mexicali and Tijuana.
In a context of a temporary slowdown in absorption and limited availability of industrial land, the massive delivery of new industrial space in 2024 demonstrates the resilience and adaptability of the Mexican market.