Cross-border perspective. Local-market support where required.
GCA’s primary geographic focus is the United States and Mexico. Additional coverage across the Americas is developed according to the industry, operating requirements, and project scope.
Location strategy, manufacturing site selection, facility searches, leases, acquisitions, renewals, expansions, and portfolio decisions.
Cross-border location and industrial real estate advisory for manufacturers evaluating established and emerging industrial markets in Mexico.
Beyond the United States and Mexico, GCA evaluates selected markets across the Americas — including Brazil — on a project-specific basis.
The correction is real but it is not in the asking rate. Published market rent has held near $6.99 for two years while vacancy climbed from 1.90% to 5.31% — because development underwritten at peak pro-forma rents cannot reprice without breaking investor return commitments. Landlords concede on free rent, improvement allowances, and escalation structure long before they concede on the number at the top of the page. Six of the twelve markets we track are now posting falling market rent, led by Ciudad Juárez at −5.86%; that spread between the quoted rate and the deal actually being signed is the occupier’s leverage.
How GCA defines the market universe
The universe is built from the operating requirement, not from convention: customer and supplier geography, freight economics, workforce needs, utility demand, and risk thresholds define which markets deserve evaluation — on either side of the border.
United States considerations
- Utility capacity, interconnection timelines, and energy cost trend
- Labor availability and wage escalation in competitive industrial markets
- State and local incentive regimes — eligibility, obligations, and clawbacks
- Industrial land and building availability against the development pipeline
Mexico considerations
- Border position and crossing economics for the operating model
- Labor market depth, turnover, and wage dynamics by region
- Power availability and the practical path to committed capacity
- Park versus standalone siting, and the range of landlords
- Automotive and mobility supply chain
- Electronics and electrical equipment
- Industrial machinery and components
- Consumer and durable-goods manufacturing
- Logistics and distribution
- Labor sheds, wage positioning, and competing employers
- Utility capacity, interconnection timelines, and energy costs
- Industrial inventory character and the development pipeline
- Freight, border, port, and rail position for the operating model
- Incentive regimes — eligibility, obligations, and clawbacks
- Permitting, risk, and business-continuity conditions
