Tijuana Industrial Report | 3Q

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.