Aguascalientes Gears Up for Significant Industrial Development in the Next Five Years

Aguascalientes, located in the central-northern region of Mexico, at the heart of the Mexican Bajio, is poised to experience a remarkable surge in its industrial sector over the coming five years. This region has witnessed its industry emerge as a driving force behind its economy, spurring the development of industrial properties that have been boosting international sales in the area, resulting in a trade surplus over the past four years.

According to Mexico's Economy Secretariat and the National Institute of Statistics, Geography, and Informatics (Inegi), Aguascalientes contributes 1.3% to Mexico's Gross Domestic Product (GDP), with 45% of the state's productivity dependent on the secondary sector, also known as the industrial sector.

While this region has encountered significant challenges for new investments after the pandemic, signs of recovery have emerged since 2021. In this context, Aguascalientes' international sales have rebounded at an average annual rate of 4% between 2019 and 2022, with a positive trade balance, averaging yearly sales of $7.5 billion.

The resilience and strength of Aguascalientes' economy have been driving the real estate market in the region, with significant industrial developments such as the MTF III warehouse in the Douki Seisan industrial park, whose availability can be checked on SiiLA SPOT, Mexico's largest and most comprehensive database of available industrial, office and coworking spaces.

Properties like Douki Seisan - MTF III, strategically located near Aguascalientes International Airport, boasting a nine-meter ceiling height, ten docks, three ramps, and 127 parking spaces within a nearly 17,000 square meters Gross Leasable Area (GLA), reflect a significant investment in high-quality logistics infrastructure to meet the growing market demands.
Aguascalientes: An Investment and Nearshoring Hub

Over the past three years, Aguascalientes' industrial inventory has grown by 9%, reaching nearly 3.4 million square meters. During this period, the vacancy rate has decreased from 3.2% to 1.9%, indicating a market with increasing tenant absorption and retention in a highly competitive region, offering great value for production, distribution, and logistics chains.

Aguascalientes' industrial real estate market is experiencing significant growth, thanks to the impetus from its industrial activities, increased investments in export products bound for the United States, Europe, and Asia, and favorable conditions that attract nearshoring-related capital. In this regard, according to the Mexican Institute for Competitiveness (Imco) and the Friedrich Naumann Foundation (FNF), Aguascalientes ranks among the top three states regarding skilled labor, labor conditions, and infrastructure.

For 2023, the delivery of at least 104,400 square meters of industrial space in Aguascalientes is projected, the second-highest delivery volume in the region over the past five years, equivalent to 3% of the existing inventory.

In a dynamic and competitive real estate market like Aguascalientes, access to industrial spaces on SiiLA SPOT is essential to stay informed about investment opportunities and growth prospects in this thriving region. If you are considering expanding your business or investing in the industrial sector in Aguascalientes, we invite you to explore SiiLA SPOT for detailed information on available industrial properties, strategic locations, and other relevant data that will help you make informed decisions and harness the development potential this region offers.