Class A industrial inventory in Mexico City and the Toluca Valley had a annual growth of 8.24%, reaching 165.48 million sqf (15.37 million sqm), reflecting a strong addition of new space with 12.59 million sqf (1.17 million sqm).
2.20 million sqf (204,000 sqm) of new supply were added, representing a 17.2% increase compared to 2Q 202, while gross absorption fell by 27.9%.
There is strong pressure on existing supply, as evidenced by the decline in vacancy and availability.
Luisa Alaniz | Market Intelligence Director, propty
ASKING PRICE IN MEXICO CITY IS FORECASTED TO EXCEED USD $1.02/SQF/MONTH ($11.00/SQM/MONTH) BY THE END OF 2025
During 2Q 2025, 2.71 million sqf (252,000 sqm) of Class A space was commercialized in Mexico City, with over 20 Class A deals registered, excluding renewals, with an average of 172,220 sqf (16,000 sqm) per transaction.
Download here the 2Q 2025 Mexico City Market Report:
