2026-07-23 · Tetakawi
Mexico Class A leases: escalation math and power commitments beat headline rent on five-year cost
With 103 new Class A parks reported under construction and grid capacity now the sector's tightest constraint, an APAC manufacturer should underwrite the compounding effect of dollar-denominated rent escalators and the enforceability of contracted electrical capacity, not the year-one asking rent. A facility that looks cheapest on the term sheet today can still land the highest total occupancy cost by year five if power delivery slips or the escalator outruns local market rent growth.
Source: Tetakawi · Original
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GCA analysis and point of view. Underlying market data: SiiLA (licensed subscription), presented with attribution.