Is it advisable to set up in an industrial corridor in Mexico?
An industrial corridor refers to an area where parks or companies with export-oriented operations and the domestic market are located. Although most of the industrial companies located in these areas are foreign, it is also common the presence of national ones that take advantage of this location.
This time we will review the benefits of setting up in these areas and, specifically, in the country’s central region.
Strategic location’s relevance for industrial companies
The location is a strategic factor, particularly regarding the responsiveness to the operational needs and commercial distribution of companies.
Therefore, the following aspects should be considered when choosing a plant location: affordability of raw materials, transportation services, facilities for industrial waste management, availability of fuels and other energy sources, labor, and appropriate climatic conditions.
Advantages of having an industrial building in the CTT Corridor
1. Leading e-commerce corridor.
The corridor is located in the Metropolitan Zone of the Valley of Mexico, covering the country’s capital, 60 municipalities in the State of Mexico, and one in Hidalgo. It also concentrates an important e-commerce market and has had such significant growth that, in the last five years, the so-called Cuautitlán, Tultitlan, and Tepotzotlan Corridor have registered a 50%1 increase in the construction of1 warehouses, storages, and distribution centers.
2. One of the main real estate markets.
The construction of industrial space in Mexico exceeded 3.3 million square meters2, distributed throughout the country, with Monterrey, Tijuana, and Mexico City accounting for more than half of these projects, with 647,000, 518,000, and 397,000 square meters2 of construction in progress, respectively.
3. Facilitates logistics processes.
The industrial corridor of the Valley of Mexico is considered one of the main logistics hubs in the country, while other corridors stand out for different types of activities. Thus, El Bajio is recognized for the strong presence of the automotive industry; the Northern Corridor, for being the capital of manufacturing, and the Interoceanic Corridor, for being a new market in expansion.
4. It is a smart investment.
Acquiring an industrial building in this country area is a profitable investment even if operations have to be moved elsewhere. There are good reasons for this: the property has a guaranteed increase in capital gains over the years, offering the possibility of establishing sublease contracts and having total control over it while it remains in operation. That is why it can be considered one of the company’s primary resources.
5. What if you choose to rent?
There are also multiple advantages since the decision to lease industrial space allows companies to keep or generate liquidity, determine fixed monthly costs, have the flexibility to change location, carry out fewer procedures, and access facilities to manage permits.
Benefits of locating in an industrial corridor
Being located in an industrial corridor multiplies a company’s resources, as it provides an ideal context for finding partners and suppliers, therefore keeping abreast of new trends and market opportunities.
These zones are characterized by excellent infrastructure and permits for business activities, attractive financing options, and a high level of security.
At Advance Real Estate, we provide our clients with industrial spaces adapted to their operational needs within the CTT Corridor. If you are interested in the region, we invite you to visit Park Advance Tepotzotlan II, located in the State of Mexico.
Information source:
- www.dripcapital.com/es-mx/…/corredores-industriales-mexico
- t21.com.mx/logistica/…/se-construyen-mas-33-millones-m2-naves-industriales-mexico
- thelogisticsworld.com/logistica-y-distribucion/parques-industriales-en-mexico-en-donde-se-encuentran
- centrourbano.com/inmobiliario/crece-3-construccion-de-naves-industriales-en-mexico
- www.solili.mx
- la-respuesta.com/blog/que-es-la-ubicacion-estrategica
- pilb.com.ar/los-diez-beneficios-de-instalarse-en-un-parque-industrial
