This episode of the Industrial Advisors podcast features hosts Bill Condon and Matt McGregor, as they welcome Rafael McCadden, the Director of the Industrial and Logistics Division in Mexico, to discuss the booming industrial real estate market in Mexico, driven largely by nearshoring. Rafael shares insights into Mexico's extremely low vacancy rate, the significant role of nearshoring in current industrial activity, and the factors contributing to Mexico's attractiveness for industrial investments, including a young labor force and favorable trade conditions with the US. The discussion also covers challenges such as energy and water scarcity, trends in types of industries and investment sources, and the overall bilateral commercial relationship between the US and Mexico.

00:40 Introducing Rafael McCadden: A Key Player in Mexico's Industrial Sector

01:10 The Personal Side of Business: Weddings and Deals

01:39 Mexico's Industrial Boom: Nearshoring and Its Impact

06:04 The Chinese Influence in Mexico's Industrial Landscape

10:14 Mexico's Power Struggle: Energy and Infrastructure Challenges

13:12 Mexico's Rising Tech Talent and Skilled Labor Force

15:04 US-Mexico Relations: Trade, Elections, and Future Prospects

16:49 Wrapping Up: Insights and Farewells

If interested in the map mentioned in this week’s episode, please reach out to us at [email protected]