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[BUSINESS] · Mexico · 2 sources

Mexican industrial parks in Guadalajara and Tijuana see steady demand

The industrial real‑estate market in Guadalajara, Jalisco, continued robust growth through the second quarter of 2026, driven by advanced manufacturing, electronics and logistics firms. According to CBRE’s Market View Industrial Guadalajara 2T 2026 report, Class A inventory reached 5.9 million m², with 45,300 m² of new supply added in the period. Net absorption hit 136,500 m², while major corridors such as El Salto, Zapopan Norte and Periférico Sur remain focal points for high‑spec build‑to‑suit projects.

In Tijuana, the market entered a normalization phase after a rapid expansion burst. Cushman & Wakefield’s latest data show total gross absorption of 3 million sq ft in the first half of 2026, a 50 % increase over the same period a year earlier, and overall availability rising to 9.7 %. Rents stayed stable, with the city’s proximity to California and a mature manufacturing ecosystem keeping demand strong for advanced‑manufacturing, medical‑device and electronic sectors. Ongoing construction totals about 3.2 million sq ft, with an additional 4 million sq ft of build‑to‑suit land ready for development.

Entities: CBRE · Cushman & Wakefield · Guadalajara · Jalisco · Tijuana

Sources