Guadalajara Maintains Momentum Driven by Logistics Sector

Industrial demand in Guadalajara reached 71,000m2 during 3Q25, fueled largely by logistics companies such as Amazon, Foxconn and Estrodex, according to data from Solili. The market’s performance was driven primarily by the logistics sector, which continues to serve as one of the strongest engines of industrial activity in the region. 

Amazon, Foxconn and Estrodex led the quarter’s demand, accounting for nearly 80% of total transactions, as they expanded operations in the area to strengthen distribution and light manufacturing capabilities. The companies are leveraging Guadalajara’s strategic location within the Bajio–Occidente industrial corridor, a key hub for supply chain and trade connectivity. 

The El Salto industrial corridor once again stood out as the most active submarket, recording 53,000m2 of new leases and consolidating its position as the main destination for logistics and manufacturing companies seeking proximity to the city and major transportation routes. 

Despite global shifts in trade dynamics, Guadalajara has maintained steady industrial growth, supported by its robust infrastructure, technological base and ability to attract diverse investments across multiple productive sectors. 

With these results, Jalisco’s capital reaffirms its position as one of Mexico’s most stable industrial markets, backed by the diversification of its tenants and the growing interest of global companies looking to strengthen their supply chains in the country.

Mexico’s Office Market Strengthens in 3Q25

MBN reported that Mexico’s office real estate sector continues to consolidate its recovery, ending 3Q25 with higher occupancy, falling vacancy rates, and rent growth fueled by business confidence and macroeconomic stability. According to Solili’s 3Q25 Office Market Report, greater economic certainty and the Bank of Mexico’s recent interest rate cuts have boosted corporate confidence, leading to new leasing decisions across the country.

By the end of September, Mexico’s total office inventory reached 17.6 million m2, expanding by nearly 200,000m2 year-over-year. About 8,000m2 of new supply entered the market during the quarter, primarily in Queretaro, which accounted for 87% of new deliveries.

The national vacancy rate declined to 16%, or 2.8 million m2 available, down 150 basis points from the same period in 2024. The decline was widespread, led by Mexico City, which reduced vacant space by 168,000m2, followed by Monterrey and Guadalajara, which posted decreases of 43,000 and 19,000m2, respectively. Only Queretaro, Merida, and Tijuana recorded slight increases in available inventory.

Office demand surged between July and September, with gross absorption reaching 325,000m2, twice the volume of a year earlier. The strongest activity occurred in Mexico City, Monterrey, and Guadalajara, where leasing rose by 100%, 69%, and 54%, respectively. During the first nine months of 2025, national occupancy totaled 707,000m2, up 18% compared with 2024.