The industrial real estate market in Monterrey maintained its dynamism during the second quarter of 2026 (2Q26), driven by the manufacturing sector and the arrival of new investments, according to the consultancy CBRE Mexico .
According to the Market View report , gross absorption or marketed spaces during the quarter reached 295,000 square meters (m²) , a growth of 125% compared to the previous quarter, derived from new industrial investments.
This performance allowed the cumulative absorption during the first half of the year (1H26) to reach 426 thousand (m²) , an annual increase of 19.1%, reflecting that the market continues to attract industrial projects despite a moderate economic context.
“The Monterrey industrial market continues to grow in a phase of normalization. Today it is moving towards a more sustainable balance, with greater competition among landlords and more favorable conditions for tenants,” highlighted Ramón Flores, Vice Chairman of CBRE Mexico Northeast region.
At the close of Q2 2026, the industrial inventory reached 17.99 million m² , after adding 93,000 m² of new supply during the period, representing a year-over-year increase of 6.3 percent . Apodaca accounted for 40% of the new developments, followed by Santa Catarina with 35%, consolidating their positions as the main centers of industrial expansion in the metropolitan area.
According to CBRE, the vacancy rate closed Q2 2026 at 6.8% , a slight decrease from 6.9% in Q1 2026, representing approximately 1.21 million square meters of available space . Construction activity totaled 521,000 square meters , although this was part of an adjustment process in response to increased market supply. The average monthly rent was $6.98 per square meter .
Manufacturing solidified its position as the main driver of real estate demand. This sector accounted for 78% of the total area sold , followed by logistics companies with 11% and high-tech companies with 6%.
By origin of investment, operations from the United States led the demand with 29% of gross absorption , followed by Denmark with 23% and Germany with 11 percent.
CBRE also highlighted the return of Asian investment , which contributed 74,000 m² of demand during the quarter . Furthermore, the average transaction size increased by 40%, reaching approximately 15,000 m² .
Nuevo León registered favorable economic indicators at the beginning of the year, with a Foreign Direct Investment (FDI) of 1,956.5 million dollars (mdd) in 1Q26 , equivalent to 8.3% of the national total.
In terms of employment, 38,000 new jobs were created between January and May, according to figures from the Mexican Social Security Institute (IMSS) . Of these, 52% were in the manufacturing sector.
Against this economic backdrop, the ETYL MTY 2026 (Transportation and Logistics Meeting) will take place on October 14 and 15 in Monterrey, Nuevo León , under the theme “Mexico, Global Hub 2026: New Times in Logistics, Nearshoring , and International Trade.” This forum, organized by T21 , will bring together industry leaders. For more information, visit https://etylmx.com/ .
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