Monterrey, NL. The availability of industrial properties in Monterrey has shown a slight increase, going from 1% in 2023 to an average close to 2% in 2024. This increase responded to the efforts of developers to build more spaces given the low availability registered in the previous two years. However, Availability is expected to continue increasing in 2025 due to factors such as the lack of basic infrastructure: energy and water, which could limit the closing of new contracts, Sergio Resendez, general director of Colliers in Monterrey, told El Economista.
Furthermore, with the possible reduction in interest rates, steel and cement prices are beginning to decline, and it is likely that construction will adjust slightly, which could stabilize supply after the maximum values reached in 2023 and 2024.
He announced that there is an important transaction on the horizon, “it is a new investment, it is a new plant with another division, which brings new lines of operation, it is almost 50,000 square meters of the industrial market, we hope it will be concluded quickly. “It’s an American company.”
Stabilization of the industrial market in 2024
This year there was a stable industrial marketalthough without the record growth of the previous two years. Factors such as the elections in Mexico and the United States generated a pause in decision-making, delaying some investment plans. However, these projects were not canceled, but rather deferred to next year, which is positive for the continuity of investments, the manager stressed.
After the elections in Mexico and the United States The policies that each administration is going to have in relation to foreign direct investment (FDI) are defined, to the issue of China, to manufacturing in North America and to the T-MEC, many companies have reactivated their authorization and project execution processes, he stated. .
Although challenges in infrastructure, energy and water permits and authorizations complicated the outlook, the sector managed to overcome the difficulties inherent to the election year, closing with favorable prospects for 2025, said Sergio Resendez.
Rethink the model
As for the arrival of Asian companiessaid that there is talk that there is going to be a change because they want to first know the policy of President-elect Donald Trump, regarding China, in addition to other conflicts that occur in Korea and Japan that seeks to strengthen its internal market.
“These investments are expected to be reduced, they have to rethink their model, it is still preliminary what is expected in terms of rules, tariffs, to act accordingly. This implies that some companies reinvest their profits. We must remember that what is registered brings a delay between the announcement and what is registered by the federal Ministry of Economy,” he emphasized.
