Titanic Industrial Warehouses in Mexico: 19 Properties Over 100,000 sqm to Be Delivered Between 2024 and 2027

Industrial warehouses over 100,000 square meters are typically used for large-scale manufacturing, massive storage operations, and strategic distribution centers. In the automotive industry, these spaces enable integrating complex processes like vehicle assembly, component production, and internal logistics, optimizing supply chains and reducing operational costs.

Currently, some of Mexico's largest warehouses belong to General Motors in Guanajuato and San Luis Potosí, Nissan in Aguascalientes, and Stellantis in Saltillo. These facilities range from 250,000 to 290,000 square meters and are critical for the country's automotive production.

The remaining 25 warehouses average 140,000 square meters, with properties ranging from just over 100,000 to 230,000 square meters of GLA. Of these, 17 are occupied by major vehicle and parts manufacturers like BMW, Honda, Toyota, and Ford, while the rest are split between construction, electronics, and consumer goods companies.

Most of these warehouses (16) are located in the Bajío region, particularly in Guanajuato and Aguascalientes, which focus on the automotive and technology industries, with agribusiness also prominent in Guanajuato. The remaining properties are distributed across the north (12), primarily in Monterrey and Saltillo, and the center (2), mainly in the State of Mexico. These regions are known for their vehicle and auto parts production, capital goods, electronics, logistics services, and consumer goods within the urban area of the Valley of Mexico.

Beyond Tesla and Volvo's projects, the future of Mexico's industrial real estate market is promising. There are currently 19 class A warehouses in planning and development, with an average GLA of 150,000 square meters. These upcoming projects, including properties ranging from 100,000 to 230,000 square meters, signify a bright future for the industry.

Of these, 13 will be built in Mexico City and the State of Mexico, including three by El Puerto de Liverpool (PLAN I, V, and VI, ranging from 104,000 to 185,000 square meters), which will join the 230,000 square meters PLAN III in Arco Norte (State of Mexico). Additionally, five warehouses will be delivered in Monterrey and one in San Luis Potosí.

In general, Monterrey will see the most significant additions. The new inventory of industrial warehouses exceeding 100,000 square meters in the region will average 180,000 square meters of GLA. Following that will be the urban area of the Valley of Mexico and San Luis Potosí, with averages of 140,000 and 100,000 square meters, respectively.

This landscape contrasts with the data on warehouses already built in Mexico. According to SiiLA Market Analytics, the mega warehouses in Bajío are, on average, 4% larger than those in central Mexico and 16% larger than those in the north. This size difference suggests that the Bajío region has been more suitable for larger warehouses due to its focus on the automotive and technology industries.

Ultimately, the trend toward constructing mega industrial warehouses in Mexico, driven by projects like Tesla and Volvo, reflects the country's growing role in the global supply chain. With capacities exceeding 100,000 square meters, these facilities meet the increasing needs of key automotive sectors and enhance Mexico's competitiveness as a top-tier manufacturing and logistics hub.

For more insights into Mexico's industrial real estate market trends, explore SiiLA REsource or contact us at contacto@siila.com.mx.