Sunday 19 May 2013
Mexico.- Industrial parks occupation in Mexico is on the rise and prices to lease buildings and purchase land are approaching pre-2008-crisis levels, experts from the real estate sector concurred. The main reason is competitive advantages offered by Mexico over China, such as labor, transportation and rate of exchange, Salomon Noble, CEO, Parques Industriales Intermex, pointed-out.
Rafael McCadden, Industrial and Logistics Director for Colliers International, said that vacant buildings indexes vary in the main three industrial zones in Mexico: North, Bajio and Central.
Vacant buildings rate in Nuevo Laredo reaches 13.5%, in Matamoros it is 10%, while in Reynosa it is 8.5%; in Bajio it is between 7% and 9%; and in the central zone, which includes Mexico City and some municipalities from the State of Mexico, vacant buildings index does not exceed 6%.
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