Industrial builders are thriving along the Mexican border, with cities like El Paso and San Diego seeing a steep increase in activity. According to a Prologis report, demand for industrial space doubled on the border in 2022 compared to 2019 levels due to nearshoring. This led to vacancy rates dropping sharply down to approximately 1%. As a result of this growth, rents rose 16% in 2022 and are expected continue rising into 2023.
C.H Robinson has opened up an impressive 400,000-square-foot cross-border logistics facility at Pinnacle Industry Center located between the World Trade Bridge and Laredo Columbia Solidarity International Bridge in Laredo Texas. The facility can accommodate more than 700 truck shipments if it takes an average of 20 minutes per transfer from one truck onto another – making it ideal for businesses looking for efficient freight transportation solutions across borders .
This growing trend is indicative of increasing investment opportunities along Mexico’s borders as well as increased efficiency when transporting goods across international lines – all signs that point towards continued success within this sector going forward .
