Mexico City, April 22, 2026 – The gross absorption of industrial spaces in the Mexico City metropolitan area reached 620,000 square meters (m²) by the end of the first quarter of 2026 (1T26), double the amount recorded in the same period of 2025, according to CBRE Mexico, a leading real estate consultancy.
Zumpango-AIFA Corridor Leads the Way
The Zumpango-AIFA corridor concentrated 58% of the commercial transactions registered during this period, followed by Cuautitlán with 26%, as detailed in the Marketview report for the industrial sector in Mexico City for 1T26.
“Industrial activity in Mexico City and its metropolitan area recorded a gross absorption, or commercialized spaces, of 619,769 m², considering renewals and pre-leases, mainly driven by the latter type of transactions in the Zumpango-AIFA corridor. This performance represented an annual increase of 100% compared to the first quarter of 2025 (1T25). It is important to note that the level of new supply incorporated during the quarter was the highest since the previous year, which led the vacancy rate to close at 4.1%,” stated Francisco Muñoz, Executive Vice President of Industrial and Logistics at CBRE Mexico.
Record New Supply and Construction
The new supply incorporated by the end of 1T26 amounted to 334,242 m², of which 53% was pre-leased, bringing the total stock to 12.62 million m², an annual growth of 7.9 percent.
In terms of construction, the report indicated that 365,000 m² began construction processes during the first three months of the year. The Zumpango-AIFA corridor hosts 75% of these projects, followed by the last-mile segment with 12 percent. 57% of the square meters under development already have signed lease agreements.
Logistics and E-commerce Drive Demand
The logistics sector and e-commerce generated more than 90% of the total activity in the industrial real estate market. Logistics companies accounted for 56% of the surface area, while e-commerce contributed 38 percent. By capital origin, firms from Argentina, the United States, and Germany led the occupation in 1T26.
Future Outlook and Investment
Towards the rest of 2026, the planning of industrial projects exceeds three million m² in the metropolitan region. The asking rental prices for new warehouses range between 8.50 and 15.36 dollars per m² per month. The Zumpango-AIFA and Cuautitlán-Tultitlán-Tepotzotlán corridors concentrate 90% of the future project pipeline.
It is worth noting that Foreign Direct Investment (FDI) attracted by Mexico in 2025 amounted to 40.871 billion dollars (mdd), an annual increase of 10.8%, according to data from the Ministry of Economy. The State of Mexico was the third entity with the highest reception of foreign capital, totaling 3.279 billion dollars.
This investment dynamic was also reflected in the intense activity of the industrial real estate market in the Mexico City metropolitan area.
Source: CBRE Mexico, Ministry of Economy
