Reynosa Industrial MarketView Q4 2022

January 20, 2023

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  • The vacancy rate remains at 0%. Currently, 990 thousand Sq. ft. of speculative space is being monitored that will be incorporated to the existing stock in mid-2023.
  • Construction activity closes at 1.6 million Sq. ft., this figure is an historic record high for Reynosa. All of the space under construction is already pre-leased.
  • Year-to-date Gross Absorption was recorded at 2.8 million Sq. ft. as of the end of the year. From the total share, 68% is in new build-to-suit projects.