Ciudad Juárez Industrial Figures Q1 2024

April 1, 2024 5 Minute Read

Looking for a PDF of this content?

  • Q1 2024 closed with 2,272,208 sq. ft. of quarterly net absorption, the second largest quarterly figure ever recorded for the market.
  • Vacancy rates were unchanged compared to the previous quarter despite the delivery of vacant spec space.
  • The majority of net absorption, about 1.8 million sq. ft., came through the delivery of completed BTS projects and a pre-leased spec.
  • Q1 2024 closed with 6.6 million sq. ft. of space under construction. 4.7 million sq. ft. is spec.