The Industrial Market, a Strategic and Financial Business in Mexico
- RMSG is experiencing rapid growth in the Mexican industrial market.
- The new development "Campus RMSG Tijuana" offers high-quality facilities and certifications.
The industrial real estate market in Mexico has experienced significant growth due to changing consumer habits, the T-MEC agreement, nearshoring, and offshoring. The rise of e-commerce has particularly contributed to the increased demand for distribution and storage spaces in central locations. RMSG, a real estate company with expertise in acquisition, development, leasing, and management of projects across Mexico, has benefited from these trends.
RMSG recently discussed its new development, "Campus RMSG Tijuana," and its performance in 2020. The industrial park, spanning 35 hectares and consisting of five warehouses, aims to offer high-quality facilities with LEED, ESG, and C-TPAT certifications, clean energy integration, and AAA tenants. Notably, RMSG secured a lease agreement with XB Logistics for one of the warehouses within the Campus, emphasizing the park's strategic location, quality, and timely delivery.
Despite the challenges posed by the COVID-19 pandemic, RMSG successfully adapted to the changing landscape and continued to attract new clients. In 2020 alone, they rented 1.7 million square feet, with significant transactions, such as a 600,000-square-foot property. RMSG's strategic and financial approach, supported by public and private investment funds, has yielded positive returns for investors. The industrial sector remains an attractive niche for real estate investment, both from public and private players, even beyond industry-related companies.
Looking ahead, RMSG plans to expand its operations in Tijuana, Ciudad Juárez, Monterrey, and Mexico City, capitalizing on the opportunities presented by the industrial asset class in 2021. The nearshoring trend is expected to drive substantial growth in the next few years as consumer habits stabilize. Clients are seeking properties with more area and height to optimize storage space. Despite changing dynamics, the industrial sector remains a cost-effective option for storing and selling products, making it an attractive leasing market.
