The CTT (Cuautitlán, Tultitlán, and Tepotzotlán) logistics corridor , located in the metropolitan area of Mexico City, continues to be the main driver of demand for industrial space so far this year, with a 47% share of total activity, according to consulting firm CBRE Mexico .
According to the Marketview Industrial CDMX report for the second quarter of 2025 (2Q25) , the firm noted that 91% of the new supply entered was also concentrated in the CTT, and indicated that this same area remains with minimum vacancy rates , with 0.8 percent.
The logistics sector led the transactions reported at the close of 2Q25, accounting for 69% of the marketed area. Meanwhile, the average transaction area for the CTT was 9,000 square meters (m 2 ) .
In 2Q25, industrial activity in the nation’s capital and its metropolitan area recorded gross absorption or marketed space , which includes renewals and pre-leases, of 331 thousand m2 . This demand was driven primarily by pre-leases in corridors such as Zumpango-AIFA and Tultitlán, for a cumulative total of 640 thousand m2 .
In the reference period, net absorption registered 252 thousand m2 , with a cumulative total of 439 thousand m2 , a figure 97% higher than that reported in the pre-COVID-19 pandemic, in the first half of 2019, and 496% higher than that recorded in the first half of 2024.
The vacancy rate closed at 1.5%, a slight increase from the previous quarter, but still below the 2024 level.
According to the report, the industrial sector remains the largest recipient of foreign direct investment (FDI) at the end of the first quarter of 2025, accumulating $12.216 billion, 10% more than the figure reported in 2024. The majority of this investment was allocated to manufacturing and mining projects , with 76% and 18%, respectively.
“For the first half of the year, Mexico City maintained solid demand figures. Gross demand, or marketed space, which includes all transactional activity in the market, totaled 640,000 m2 , while net absorption, or occupied space, registered a cumulative figure of 439,000 m2 , a 396% increase compared to the same half of the previous year, so activity has been constant,” CBRE’s analysis detailed.
Meanwhile, corridors such as Huehuetoca-Tepeji and Zumpango-AIFA accounted for 45% of the activity, driven by demand for big boxes , while the remaining 8% of the participation was captured by corridors such as Vallejo-Azcapotzalco and Last Mile.
At the end of 2Q25, the construction pipeline reached 433,765 m2 , of which 213,064 m2 correspond to construction starts distributed in Cuautitlán (63%), Tultitlán (25%) and Last Mile (12%).
The consulting firm estimated that Zumpango-AIFA is emerging as the fastest-growing industrial corridor in the center of the country, representing 54% of the total; followed by the CTT (City of the Territory), with 26%, and Hidalgo, with 15%.
During the first half of 2025, the Class A inventory in the Mexico City metropolitan area added 411,000 m2 , reaching a record 11.98 million m2 , representing an annual increase of 10.9%. Meanwhile, Cuautitlán is the corridor that incorporated the most new supply with 73%, followed by Tultitlán with 17%, Huehuetoca-Tepeji with 4%, Last Mile with 3%, and Vallejo-Azcapotzalco with 2%, the company stated.
In the second quarter of 2025, a vacancy rate of 1.5% was reached, with 181,782 m2 , with Zumpango–AIFA and Tultitlán being the corridors with the largest amount of available space, with 46,000 m2 and 45,000 m2 , respectively.
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