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SMI - GERAL Q1 2026
+0.64 % 291.76
=
INCOME RETURN
+2.21 % +
APPRECIATION RETURN
-1.57 %
USD / MXN
0.00 % 17.48
GDP (Quarterly, Millions)
-1.24 % 29,325,765.23 PTS
CPI
0.00 % 3.94 PTS
Reference Rate
0.00 % 6.50 PTS
Closing IPC
0.00 % 67,060.49 PTS
UDIs
0.00 % 8.81 PTS

AMPIP’s Leadership Shift Comes as Industrial Expansion Faces Structural Limits

  • David O’Donnell takes over AMPIP at a time when industrial expansion faces infrastructure and coordination constraints.

David O’Donnell, AMPIP president for the 2026–2027 term. Photo: SiiLA.
David O’Donnell, AMPIP president for the 2026–2027 term. Photo: SiiLA.
By: SiiLA News
02/26/2026

Today, the presidency of the Mexican Association of Industrial Parks (AMPIP) changes hands in a different environment for the industry. David O’Donnell assumes the role at a stage when the sector’s growth is no longer explained by the speed of demand, but by the country’s ability to sustain it.

The founder and chief executive officer of the industrial development firm O’Donnell will lead AMPIP through 2027. The organization’s General Assembly approved his appointment in late November 2025.

A graduate in Political Economy from the University of California, Berkeley, with a track record in industrial real estate development dating back to the 1990s, O’Donnell founded his firm in 1994 and has participated in the development and acquisition of more than 1.4 million square meters of industrial space in the country’s leading markets.

O’Donnell succeeds Jorge Ávalos Carpinteyro, chief executive officer and co-founder of FIBRA Monterrey, who led AMPIP between 2024 and 2025 during the final phase of Mexico’s nearshoring boom. The transition takes place in an environment where demand persists—but at a more moderate pace—and where the sector’s focus has shifted toward infrastructure, regulatory certainty and energy capacity.

O’Donnell’s profile, tied to land acquisition and the execution of manufacturing and logistics developments, suggests that AMPIP may focus its efforts on the bottlenecks that now condition industrial growth.

The association groups the country’s leading industrial park developers and acts as a sector representative before federal and state authorities on matters of land planning, regulation and competitiveness. In a stage where expansion depends more on institutional coordination than on cyclical momentum, its room for action becomes more relevant.

Nationally, more than 477 industrial parks are estimated to be operating, with over one hundred under construction. Together, they host more than 4,000 companies, support roughly 3.7 million jobs and account for a significant share of the more than 100 million square meters built across the country’s main industrial markets. That scale underscores AMPIP’s institutional weight in the national economic discussion.

Against that backdrop, the association estimates that investment in industrial parks could grow by nearly 37% in 2026, with more than $5.8 billion allocated to the sector, primarily for new developments, suggesting that market momentum persists even in a less expansive stage. The difference will not lie in the amount of capital willing to enter, but in the institutional capacity to prevent structural constraints from diluting its impact.

To analyze how these cycle shifts are affecting the performance of Mexico’s industrial market, visit SiiLA or write to contacto@siila.com.mx.

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Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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