Thursday, March 11, 2010
   
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Real Estate Cost

Region Industrial Real Estate Cost

AVERAGE INDUSTRIAL REAL ESTATE COST IN USD/ft²

City

Land Cost

Rent Cost

Construction Cost

 

Min.

Max.

Min.

Max.

Min.

Max.

Mexicali

2.00

5.12

0.31

0.41

29.00

36.00

Tecate

2.80

3.70

0.34

0.41

31.00

36.00

Tijuana

6.50

12.50

0.36

0.46

32.00

37.00

Land: The price range variation depends on site location (out or inside of an industrial park), general industrial park conditions and access to main services.
Rent: Based on five year lease contract and price variation depends on building standards classification (A,B,C).
Construction: Range from a basic shell, light structure, to medium manufacturing class building with standard infrastructure and main service accessibility.

Information source: Local industrial parks and construction companies as of February 2010.


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