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 podcast@industrialadvisors.com