The expansion from Toluca-Lerma towards the northeast, heading towards the Ocoyoacac area, has driven the demand for regions with industrial development potential towards Mexico City, like Ocoyoacac, which is closer to the country's capital. In this sense, it is no surprise that Ocoyoacac is emerging as a key investment center.

According to the Mexican Economy Secretariat, over the past 24 years, foreign direct investment (FDI) in this locale has been on the rise, nearly tripling investment inflows. However, in 2023, when investments totaled 1.9 billion dollars, only 6% were new investments. The remainder was distributed among inter-company accounts (11%) and reinvestment of earnings (83%). This suggests that while Ocoyoacac continues to attract investors, most foreign capital is more oriented toward expanding existing operations rather than launching new projects.

This investment interest is partly due to the profile of companies based in Ocoyoacac, which is recognized as a local exporter of biotechnological products, non-cellular plates and sheets, and therapeutic drugs. These highly specialized sectors make the region attractive for investment and technological development.

The industrial diversity of Ocoyoacac complements and expands the offerings of the Toluca-Lerma submarket, which attracts manufacturing companies, particularly from the automotive, food, and personal products sectors, collectively representing 53% of the region's industrial GLA, in addition to 6% allocated to transportation and logistics, according to SiiLA data.

In a context where the Toluca-Lerma submarket is distinguished by its focus on manufacturing, accounting for 40% of its industrial activity compared to 19% in the rest of the Greater Mexico City area, the trajectory of Construye Industrial highlights its decisive role nationally.

Since its inception four decades ago in Toluca, Construye Industrial has demonstrated unwavering growth, a testament to its adaptability and resilience in the ever-evolving manufacturing sector. This growth is evident in the expansion of its operations, marked by the establishment of its first industrial park in Queretaro in 2014. Presently, the company is in the process of developing its fourth park in Queretaro, spanning approximately 800,000 square meters. With a total of 14 industrial parks constructed and under construction across Mexico, Construye Industrial solidifies its position as a key contributor to the development of manufacturing infrastructure, fueling economic and productive growth in the heart of the country.

For more information about this and other projects in Mexico's industrial real estate market, visit SiiLA REsource or contact us at contacto@siila.com.mx.