Year To Date, Net absorption at the end of 3Q2016 has reached a historic level of over 4.1 Million Sq. Ft. Active construction projects of industrial facilities in Tijuana have maintained a solid pace, summing an average of approx. 1 million Sq. Ft. during the past 9 months. The combination of record absorption and vacancy has Tijuana’s developers facing the difficult and challenging task of securing viable, well located and infrastructure friendly land banks.
Tijuana Industrial Report | 3Q
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- Tags: 3Q2016, construction projects, industrial construction, industrial facilities, Industrial Sector, industrial vacancy, infrastructure development, land banks, manufacturing industry, market challenges, net absorption, real estate development, Tijuana developers, Tijuana growth, Tijuana industrial report, Tijuana market trends
