Did you know that in Tijuana there is only 4% availability of Industrial Space? Here is an interesting article I found that want to share to you.
After the growth of industrial plants in Tijuana, the real estate sector continues to be active to meet the demand for spaces generated by companies.
"We have really been active because companies continue to demand spaces for plants that are already growing and new ones that just want to settle in the city. These are difficult times, but we see that production does not slow down at the border, "said Miguel Velasco, an associate of the real estate company for industrial buildings NAI Mexico.
According to the Association of Economic and Industrial Development of Tijuana (Deitac), during the first two months of 2018, the city reached 500,000 square feet in expansion of industrial plants, equivalent to approximately 21.3 million dollars in the rent of spaces for the operation of the companies. The Economic Development Advisor Tijuana explained that the average cost of rent for the use of industrial buildings is $42.5 dollars per square foot, and that in the case of the city has been dynamic to have always interested in leasing the land available.
In the same line, the executive director of Deitac, Adriana Eguía, said that in the border municipality there are adequate spaces and buildings to absorb the demand of a growing industry that diversifies, which currently maintains its availability of industrial spaces by 4%, although the intention is to open more sites to solve the demand.
He explained that it is therefore important to maintain constant communication both with specialists and with businessmen, in order not only to generate the occupation, but also to know the requirements necessary for the operation, such as sufficient space for the movement of the cargo, as well as certain height and temperature of the buildings.
According to the Ministry of Economy, during the year 2017, Baja California captured 1,444.4 million dollars of Foreign Direct Investment (FDI); amount that positions the state in fourth place of the northern border and seventh national place. The state's FDI represents 4.9% of the national catchment.
In the period 2014-2017, (of the current administration) 5,266.5 million dollars of FDI have been accumulated, 16% higher than the investment received during the first four years of the previous administration.
The analyst for the industrial market within the real estate company Datoz Bienes Raíces, Antonio Chavira, explained that electronic commerce and spaces for its development are a good opportunity for the city, since its practice has increased thanks to new technologies.
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