Industrial Parks Attract US$281 Million in 3Q25

Industrial park development in Mexico attracted US$281.42 million in investment during 3Q25, reinforcing the country’s manufacturing and logistics infrastructure despite a slowdown in direct automotive manufacturing investment, according to an industry report.

The automotive sector faced a period of adjustment in the July–September period amid a global economic slowdown and uncertainty surrounding the upcoming USMCA renegotiation. While new manufacturing investment growth slowed, industrial real estate showed greater resilience as developers positioned themselves for a new wave of nearshoring expected in 2026–2027.

According to a report by Cluster Industrial B2B, industrial real estate developers continued expanding capacity in anticipation of future decisions by original equipment manufacturers (OEMs) and Tier 1 and Tier 2 suppliers. The strategy focuses on securing inventory, surface area and logistics locations before production investments accelerate.

Baja California Bolsters Export Manufacturing

One of the most significant projects was announced in Tijuana, Baja California, where MEOR unveiled a US$150 million investment in the HubsPark Tech Campus, an industrial park aimed at advanced manufacturing and export operations. The project will cover 120,000m2 and is expected to generate 1,500 jobs, reinforcing the region’s role as a major industrial hub along Mexico’s northern border.

Also in Tijuana, Grupo Frisa inaugurated the Banderas Tech Park, investing US$11.16 million in a development with 11,200m2 of construction and 300 jobs, expanding industrial space for automotive and electronics suppliers.

Guanajuato Expands Logistics Capacity in the Bajio

The Bajio region maintained momentum through strategic real estate projects in Guanajuato, one of Mexico’s main automotive manufacturing centers.

In Irapuato, Marabis announced a US$46 million expansion to build four new industrial buildings at Marabis Castro del Río Industrial Park, adding 78,214m2 and 2,500 jobs. In Silao, Grupo Desarrollador ESFO broke ground on PANAN Cluster III, a US$27.22 million project spanning 170,000m2, expanding capacity in one of the country’s highest-demand industrial zones. Meanwhile, American Industries inaugurated a new inventory building in Leon under its shelter model, investing US$17 million in a 15,000m2 facility expected to generate 150 jobs, strengthening support for foreign manufacturers.

Nuevo Leon: Key Industrial Platform

In Nuevo León, industrial park activity continued despite a more restrictive environment. FINSA acquired an industrial facility at Santa Fe Tecnopark II in San Francisco de los Romo for US$23.14 million, underscoring continued interest in strategic industrial corridors in northern Mexico.

On a year-to-date basis, Nuevo Leon continues to lead the country in industrial space under construction, reinforcing its position as a critical logistics and manufacturing platform for North America.

Infrastructure as a Competitive Advantage

Industrial park investments recorded in 3Q25 highlight Mexico’s continued effort to strengthen its industrial real estate base, even amid economic caution. Industry analysts note that the availability of land, facilities and logistics services will be decisive in attracting new automotive investment once trade tensions ease and USMCA rules are clarified.

More than a short-term expansion, the projects represent a structural bet on Mexico’s competitiveness, reducing setup times, facilitating nearshoring and ensuring immediate capacity for global suppliers.