In a strategic move to boost cross-border trade between Mexico and the United States, the Danish integrated logistics company Moller Maersk has inaugurated a Class A industrial warehouse with nearly 30,000 square meters at the Pacifico Industrial Park—Prisma XII in Tijuana, Baja California. These new facilities are designed to serve automotive, technology, and retail companies needing classification, storage, cross-docking, inventory management, and value-added services such as labeling, packaging, repackaging, fulfillment, and e-fulfillment.

According to data from SiiLA and the company, the Moller Maersk industrial facility is LEED Gold certified, including solar panels, fully electric material handling equipment, LED lights, heat island reduction, indoor and outdoor water use reduction, and a waste management system. Importantly, with a ceiling height of nearly 10 meters, this property offers a tremendous vertical storage capacity, thus optimizing space and facilitating the handling of large-volume goods.

On the other hand, SiiLA Market Analytics data on the Pacifico Industrial Park indicates a significant presence of business services and transportation & logistics companies, which occupy 26% of the Gross Leasable Area (GLA), with substantial direct and indirect competitors of Moller Maersk such as G-Global, as well as renowned companies such as Grupo Bimbo, Safran Group, and American Woodmark, which demand efficient logistics operations and infrastructure adapted to the demanding rhythms of international trade.

The profile of the companies established in the park is varied and robust, highlighting sectors such as construction and health, which account for 17% of the GLA. The aerospace and electronics industries also have a significant presence, both adding up to 14% and reflecting the trend toward specialization and innovation. Additionally, sectors such as technology, information media, and food & beverages, each with 6%, show the productive diversity of the park. Other areas such as chemicals, petrochemicals, and retail, although with a smaller proportion, complete the multifaceted panorama of the park, illustrating a conducive environment for businesses ranging from manufacturing to business services and logistics.

Tijuana: A Strategic Location for Nearshoring

In the last three years, Tijuana's industrial market grew by 24%, driven by the arrival of life sciences, transportation & logistics, TAMI (Technology, Advertising, Media, and Information), and entertainment companies, whose occupancy increased between 50% and 120% in the period. SiiLA data also indicate that the Tijuana market, with almost 8.2 million square meters of industrial space, has one of the lowest vacancy rates nationally (0.7%), with highly competitive market prices averaging eight dollars per square meter and a positive net absorption with an upward trend, which implies that the demand for industrial space has been growing more dynamically than the supply.

Tijuana's industrial performance and Moller Maersk's business plans clearly show that the company's expansion in northwest Mexico is not coincidental.

In recent years, Tijuana's manufacturing industry has grown notably, driven by the increasing trend of nearshoring between Mexico and the United States. In a context where Mexico is the United States' largest trading partner and where a significant part of the trade is generated in the metropolitan area between San Diego and Tijuana, Moller Maersk aims to expand its maritime, storage, distribution, and ground transportation services for cross-border trade. Currently, the Danish company occupies more than 150,000 square meters distributed between Tijuana, the metropolitan area of the Valley of Mexico, and the ports of Lazaro Cardenas (Michoacan) and Manzanillo (Colima). However, the company's growth strategy includes future projects in Guadalajara and Monterrey.

According to Moller Maersk, one of the incentives for expanding in Tijuana is the Mexican government's IMMEX program for the Promotion of the Manufacturing, Maquiladora, and Export Services Industry. This program facilitates the temporary importation of goods for manufacturing, transformation, or repair and their subsequent export, offering tax incentives and streamlining customs processes. With a focus on IMMEX program services, inventory control processes, and efficient cross-border integration, the company hopes to capitalize on Mexico's growing manufacturing industry and strengthen its integrated logistics network in North America.

For more information on the performance of the commercial real estate market in Mexico, explore SiiLA REsource or contact us at contacto@siila.com.mx.