Saltillo industrial vacancy fell to 3.8% at the close of 2025, down from 4.0% in the prior quarter but significantly higher than the record-low 0.3% seen one year ago. This rise over the past year reflects the delivery of new speculative inventory. Gross and net absorption for the quarter both reached 241,700 SF, marking a recovery from the previous quarter’s negative performance.
Total market inventory remained stable at 50.3 million SF by year-end 2025. The average asking rent was $7.68 USD/SF/Year, showing consistency with the previous quarter ($7.69) but a slight decrease from the $7.80 rate recorded a year ago. Looking forward to 2026, the market anticipates a decrease in space under development, particularly regarding speculative buildings. Rental rates are projected to remain steady around $7.70 USD/SF/Year, while vacancy is expected to hover near 4.0% as new speculative spaces are integrated into the market.