The $6B Investment: Mexico's 2025 Nearshoring Boom
Investment in industrial parks across Mexico is projected to reach US $6 billion in 2025. This surge is driven by global companies de-risking from Asia and the strategic necessity of the North American market.
The 2026 USMCA Review
The upcoming review of the USMCA (T-MEC) agreement is driving a frenzy of activity. Companies are racing to establish North American content to ensure they remain tariff-free. The definition of "Rules of Origin" is tightening, and physically manufacturing in Mexico is the safest bet.
Vacancy Rates & Rents
Developing industrial land in Tijuana is challenging due to topography. This supply constraint, coupled with record demand, has pushed vacancy rates to near-historic lows (<2%).
The Strategy: Companies cannot wait for a building to be finished. Pre-leasing (often 6-9 months out) is now the standard operating procedure for Class A space.
The Energy Question
Power availability remains the #1 constraint. Private investment in substations and cogeneration is booming to meet the needs of energy-intensive industries like data centers and heavy manufacturing.