Northern region has problems supplying nearshoring demand

Apodaca, NL. Due to nearshoring, practically all the industrial real estate markets in the northern region of the country are presenting availabilities close to zero, although the exception is Nuevo León, said the commercial and investment director of Meor, Jonathan Pomerantz.

Derived from the cutting of the ribbon at HubsPark Apodaca, he explained that because they belong to the private industrial real estate sector and given the rise of nearshoring, they have identified that the northern states are suffering greater pressure for spaces, which represents a new challenge for this industry, since supply must be increased to meet demand.

Despite this scenario, the royal state is still showing itself to be accessible both in terms of costs, spaces, as well as in terms of public services and road infrastructure.

“There is a lack of space for this transformation or this adaptation of the infrastructure to meet this demand for nearshoring. In Nuevo León, demand does not eat up supply as much as in other markets, so in Tijuana and Ciudad Juárez we have seen brutal price increases, in Monterrey it has increased due to inflation, but it is accessible,” he explained to The Economist.

He said that as a Private Initiative they have identified that in Nuevo León the local authorities have sought to support the nearshoring sector, which has stabilized the demand for spaces and where between 25 and 30 companies are currently located looking for areas to build industrial warehouses.

In addition to the demand for spaces to build, in the northern region it is necessary to meet the demand for energy, water and specialized labor, such as engineers.

According to Newmark, it is projected that by the end of 2022, the industrial markets on the Mexican border present historical absorption figures, with leases of industrial surfaces above 18,000 square meters and therefore, vacancies of less than 1% of the total inventory of industrial buildings for rent.

“It reflects the great wave of companies from various sectors that, as a measure to reduce the risk of partial or total closure of their operations in Asia, are landing in the aforementioned cities and states that have been characterized by having skilled labor, infrastructure world-class and services to receive all these top-level companies”, explained the director for the industrial sector of Newmark, Abraham Fernández.

estados@eleconomista.mx