"The logistics real estate sector could be among the best positioned to handle inventory supply and demand disruptions from the COVID-19 outbreak due to standard long-term occupancy contracts and a potential shift to more regional supply chains in the future" Read more here
"An industrial city mega-project is planned in the state of Sonora, where about US$4 billion would be invested, creating about 100,000 jobs." Read more here
"...Structural trends point to resiliency for logistics real estate through this period and beyond, shaping both the fundamental and investment landscape" Read more here
Click here look at statistics
"Mexico’s trade with the United States rose to $97.62 billion through the first two months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.21 percent above its total trade during the same time period last year. Read more here
"Although market conditions have shifted considerably since mid-March, there still is strong evidence of industrial sector resiliency." Read more here
"...Nogales is situated near key markets with Phoenix, Tucson, Las Vegas and Southern California within an 8-hour radius and Salt Lake City, Denver, Houston and Dallas within 16 hours by highway. Guaymas and Hermosillo, Mexico are just 5 hours away by highway 15." Read more here
"The coronavirus pandemic has the potential to reshape the cold storage warehouse submarket, driving demand up, spurring development of cold storage infill space and inspiring further consolidation in the sector." Read more here
"A pilot program in Nogales, Ariz., at the Mariposa Port of Entry, should speed up some inspections of Mexico grapes this season." 'Superlot' inspections mean that it'll take the average inspector less time to check more cargo by grouping similar items and treating them as one. Read more here
Nearly two-thirds of North American manufacturers say they are likely to bring production and sourcing back to the continent, a new survey by industrial data and tech company Thomas shows." Read more here
"Warehouse prices jump 5%, supply expected to exceed demand post COVID-19.... We still expect healthy rent growth in 2020 and demand mostly because of e-commerce, and it will especially be good for secondary markets." Read more here
Click here to view report that includes demand indicators, vacancy rates, asking rents, and inventory.
“Warehouses Serve as a Pandemic Haven for Property Investors- demand for industrial space remains high as consumers stay home and order goods online” Read more here
"...E-commerce operations is expected to intensify as a result of the coronavirus pandemic, which will likely cause greater investment in warehouse space because e-commerce requires 3x the logistics space of traditional storefronts" Read more here
"As the U.S. economy restarts, adjustments to business supply chains will increase the demand for warehouse space." Read more here
"An upcoming overhaul of State Route 189 in Nogales is set to be completed in a single phase – and with flyover ramps connecting both its northbound and southbound lanes to Interstate 19..." Read more here
"Nogales remains the primary Arizona port for volume and revenue, and has seen remarkable improvements to the Mariposa Port and highway infrastructure to support growth of commerce." Read more here
"Arizona’s Opportunity Zone nominations were submitted on March 21, 2018 and approved by the U.S. Treasury Department on April 9, 2018, making Arizona one of the first states in the nation to have its zones officially designated." Read more here
"Nogales is the best location for just-in-time delivery for Mexico’s West Coast supply chain.... [it] is the only place where the U.S. I-10/ I-19 corridor meets the growing commercial demand on Mexico’s Highway 15." Read more here
"The Mariposa Port of Entry is one of the nation’s busiest ports, serving as the gateway for most of the winter produce entering the U.S. It is also a major hub for trade between Arizona and Mexico, estimated at $30 billion annually." Read more here
"Santa Cruz County is a crossroads for trade, and FTZ (Foreign Trade Zone) 60 which is designated to provide services within the entire County, is geographically situated to serve local, regional and global markets." Read more here
Click here to view interactive map
"The Mariposa Port will have the shortest wait times on the U.S.-Mexico border. Instead of the seven-hour wait times of past years, Mariposa wait times have dropped to around one hour." Read more here
"Among Arizona’s six border ports of entry, Nogales facilitates the largest number of truck crossings... In the overall picture, the Nogales border [POE] is number five behind Laredo, Hidalgo and El Paso in Texas, and Calexico East in California. Read more here
"[One of the] improvements will include:
Widening approximately 3 miles of SR 189 from just north of the Mariposa Port of Entry to the intersection with Grand Avenue" Read more here
"...expansion and modernization of the port will enable the Department of Homeland Security’s U.S. Customs and Border Protection to more effectively perform their mission..." Read more here
"The U.S. Senate recently approved a highway funding bill that includes plans for Interstate 11, a corridor connecting Phoenix and Las Vegas." Read more here
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