The future of the largest industrial submarket in Mexico City

The industrial market in Mexico City has always been, and continues to be, one of the most important. It is known for housing dynamic logistics and distribution centers (CEDIS) such as those of Amazon and Mercado Libre. The pandemic-induced lockdown, which led to a growth in online sales, resulted in an increased demand for class A industrial and logistics spaces.

The CTT submarket is the largest among the 7 submarkets in the region, covering the municipalities of Cuautitlán, Tepotzotlán, and Tultitlán, with a total area of 6.4 million square meters. The farthest point in CTT is located 50 minutes away from Mexico City.

The CTT submarket has attracted investors in the industrial sector, hosting internationally renowned developers such as Hines and FIBRA Prologis, as well as national companies like O'Donnell, Advance, CPA Corporate Properties, FIBRA Macquarie, FIBRA UNO (FUNO), BTS Development, and local players like Litos.

These major industrial players are betting on the arrival and expansion of light manufacturing, e-commerce, and logistics companies, as these sectors have proven to be the most resilient during the pandemic and have contributed significantly to the country's economic recovery.

Examples of investments and upcoming projects include those of companies like Mercado Libre, Estafeta, and Liverpool. FIBRA Macquarie, for instance, plans to construct two industrial warehouses spanning over 68,000 square meters for rent.

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