Querétaro sits at the center of the Bajio, and the numbers back it up. In Q3 2024, CBRE Mexico reported regional net absorption nearly doubled year over year. By late Q3, Querétaro captured 41% of gross demand, led by tenants in Manufacturing and Logistics.
The momentum has carried into 1Q25 across Mexico. With 33% pre-leased Build-to-Suit—clear evidence of sustained confidence in Industrial real estate tied to Manufacturing and cross-border Logistics.
Supply is scaling with demand. Querétaro contributed more than half of new additions in both periods, reinforcing its role in the Bajio.
Foreign direct investment is adding fuel to Economic growth. For investors targeting Mexico, these flows highlight a durable base for Industrial real estate in a region built for Manufacturing and modern Logistics.
Overview of the Industrial Real Estate Market in Bajio
The Bajio industrial market is expanding as global firms deepen footprints in Mexico. Strong Manufacturing clusters and resilient Logistics corridors are lifting demand for Industrial real estate across Querétaro, Guanajuato, San Luis Potosí, and Aguascalientes. For investors seeking Business development and Investment opportunities, the region offers scale, speed to operate, and reliable growth signals.
Key Growth Factors Driving Development
Automotive and light Manufacturing drive over half of space demand, with expansions by existing tenants sustaining momentum.
Development remains balanced.
Major Players in the Market
Querétaro led gross demand with 41% by Q3 2024, while Guanajuato ranked second with 28% in gross absorption; San Luis Potosí captured 19% on strong land sales, and Aguascalientes advanced with tailored BTS growth.
Economic Benefits for Investors
Tight vacancy and solid absorption support rental growth, while new speculative deliveries in Querétaro offer near-term lease-up potential.
Diversification spans multiple Manufacturing subsectors and Logistics users, reducing single-industry exposure.
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Why Choose Querétaro for Industrial Property Investment
Querétaro sets a clear pace for the Bajio. Modern parks, direct highways, and active tenants make Querétaro industrial property a practical choice in Mexico. Investors see steady absorption, diverse demand, and strong Logistics links that support Manufacturing and Business development.
From site selection to ramp-up, time-to-operation is short, and near-term space options keep Investment opportunities competitive.
Supportive Business Environment
- National power investments are improving grid stability for plant operations.
- Pro-investment policies support rapid permitting and expansion.
- Active leasing trends point to resilient cash flows for Querétaro industrial property.
Availability of Skilled Workforce
The Bajio’s automotive cluster—spanning Querétaro and its neighbors—delivers trained labor for assembly, quality, and light Manufacturing. Continuous expansions and negotiations in autos and related suppliers sustain hiring and training pipelines.
Modern parks and repeat FDI help attract advanced Manufacturing employers, who invest in upskilling and retention. For investors, deep labor pools and ready space reduce ramp-up time and support stronger occupancy, making Mexico’s Bajio a strategic bet.
- Access to specialized technicians and engineers shortens onboarding.
- Supplier density streamlines sourcing and Logistics coordination.
- Stable demand improves hold-period performance and exit flexibility.
Discover Bajio: Your Partner in Industrial Investment
Discover Bajio helps investors act with speed and clarity in Mexico’s dynamic Industrial real estate market. We pair on-the-ground research with enterprise-grade analytics to uncover Investment opportunities that support Business development in Querétaro and the wider Bajio corridor.
Future Trends in Querétaro’s Industrial Real Estate
Querétaro is entering a new phase of industrial real estate growth in Mexico. The region blends strong Logistics, skilled labor, and steady Economic growth to support Manufacturing and supply chains. These Future trends point to resilient demand and faster project delivery.
Anticipated Developments in Infrastructure
Power reliability is set to improve as new power plants add energy to the national grid. This reduces blackout risk and supports uptime for advanced Manufacturing across the Bajio, including Querétaro. Better energy stability boosts productivity and protects sensitive operations.
Discover Bajio is your your ally in the search for Industrial Property Investment in Bajio