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Huehuetoca – Zumpango submarket, key in Mexico City logistics Datoz

Huehuetoca – Zumpango submarket, key in Mexico City logistics

#DatozByDatoz

9 October 2024

In recent quarters, the Huehuetoca – Zumpango industrial real estate submarket has become a key area for logistics in Mexico City. This is due to a combination of factors such as the availability of industrial buildings and land compared to other corridors like Cuautitlán, Tultitlán, and Tepotzotlán; its geographic location near the northern part of the metropolis; the growth of infrastructure such as the Felipe Ángeles International Airport (AIFA in Spanish); competitive pricing advantages; and global trends like e-commerce and nearshoring. 

Even though Huehuetoca – Zumpango has an industrial space inventory of 8.3 million square feet (ft²), this only represents 5% of the total inventory in Mexico City, according to Datoz’s Analytics 2.0. However, in the first half of the year, this submarket led gross absorptions, meaning lease and sales transactions, with 3 million ft², followed by Cuautitlán, the largest and most dynamic submarket in Mexico City, with 2.6 million ft². 

So far this year, the leading logistics company, specialized in international shipping, courier services, and transportation, DHL, and the Spanish multinational clothing manufacturer and distributor, Inditex, have demanded spaces in Huehuetoca – Zumpango through built-to-suit (BTS) buildings in the T-MEX Park industrial park, developed by E-Group, Parks, and Fibra Uno. 

DHL will take advantage of the location of this submarket in relation to AIFA, as the company moved its cargo operations to this airport in 2023. The T-MEX Park will host a state-of-the-art mega logistics campus consisting of four buildings totaling 2.4 million ft². These buildings are currently under construction. 

Inditex, which includes fashion brands like Zara, Massimo Dutti, and Oysho, among others, will also establish its logistics operations in a built-to-suit (BTS) building of over 600,000 ft². 

Silvia Gómez, industrial analyst at Datoz, highlighted the importance of this park due to its proximity to the AIFA, as well as its railway infrastructure, as a railroad spur near T-MEX Park will connect companies to the airport, enabling them to carry out their operations. 

The specialist explained that this park is set to accommodate very large-scale projects, and this trend will continue, as the park has significant land available for industrial development and will consolidate in the coming years. 

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