Property
Punto Valle offers an opportunity to acquire a stabilized asset with predictable cash flows and multiple value-enhancement strategies.
Punto Valle offers an opportunity to acquire a stabilized asset with predictable cash flows and multiple value-enhancement strategies.
The property’s diverse income streams, strong location, and value-add potential position it to deliver smooth, notable returns to investors through a combination of steady cash flow and capital appreciation.
The Property
The Property represents an unparalleled opportunity for those investors who are looking to reduce the risk of developing a high-end property in a top location and negotiate contracts by adding a property fully developed and commercialized.
The property encompasses a comprehensively built-out complex, featuring a blend of office towers and retail spaces.
Sub-Market Perspectives
Punto Valle is located at the heart of San Pedro Garza Garcia including 53,289 sqm of retail and 22,422 of office space developed over 40,000 sqm of land. The property is located within a few blocks away from the main Golf Course at Monterrey suburban area.
The property is undergoing having a magnificent view of Chipinque and Sierra Madre mountains (National reservation area) in an area that features one of the highest residential value in Monterrey. It represents an opportunity with a potential to provide users a unique real estate project.
JLL expects that all interested parties will submit their best bid having considered the utmost potential that the Property entails and a real estate project to yield the highest value
San Pedro Garza Garcia is a perfect getaway location to live in with some of the most important urban hubs and services in the City merely a step away
The Monterrey/ San Pedro Garza Garcia market is unique in Mexico.
Monterrey always ranks as a top city in Mexico given its high level of standard of living, high level of education, excellent infrastructure, and pro-business orientation. Monterrey has been always a hub for business, for entrepreneurs, attracting people from all across the country, including many students from different parts of Latin America and other regions due to its excellent universities with high level of education. Monterrey is home to many world-class companies and top Mexican companies headquartered in San Pedro Garza Garcia.
Main Features
The following characteristics makes Monterrey/San Pedro Garza Garcia a vibrant city with high level of development and top-notch infrastructure that attracts foreign capital and promotes economic growth:
Strategic Location to export
Monterrey is close to the US-Mexico border (125 miles), providing easy access to the US market and major trade routes.
Industrial HUB
Monterrey is known as a major industrial center, with a strong presence in manufacturing, particularly in sectors like automotive, aerospace, and electronics among others
Skilled Workforce
Monterrey boasts a well-educated population, with several prestigious universities producing skilled graduates in various fields.
Economic Stability
The city has a robust and diversified economy, which provides a stable environment for business operations.
Infrastructure
Monterrey has well-developed transportation infrastructure, including an international airport, new subway lines under construction and extensive road networks.
Technology and Innovation
The city is emerging as a technology hub, with growing investments in research and development.
Business-friendly Environment
Local and state governments often offer incentives and support for businesses, particularly in key industries.
Quality of Life
Monterrey offers a high standard of living, which can be attractive for expatriate employees and executives.
International Business Presence
Many multinational companies have operations in Monterrey, creating a cosmopolitan business environment.
Free Trade Agreements
Mexico's numerous free trade agreements benefit businesses in Monterrey engaged in international trade.
Growing Service sector
While traditionally strong in manufacturing, Monterrey is also seeing growth in services like IT, finance, and business process outsourcing.
These factors combine to make Monterrey an unmatched and at the same time attractive destination for businesses looking to establish or expand operations in Mexico, particularly those seeking access to both the Mexican and North American markets.
Retail
The retail sector in San Pedro Garza García, Monterrey, is poised for significant growth and transformation by 2025 and beyond. The retail sector at San Pedro Garza Garcia has historically been strong due to the high purchasing power of its residents.
Here are some key factors and trends shaping its potential:
Economic-Demographic Factors
San Pedro Garza García is a affluent municipality within the Monterrey Metropolitan area, known for its high standard of living and strong economic activity. This makes it an attractive location for retail development, with a consumer base that has significant purchasing power.
Digital Transformation
The retail sector in 2025 will be heavily influenced by digital transformation. Retailers will need to adopt omnichannel strategies, integrating physical stores with e-commerce platforms to meet the evolving preferences of consumers. This includes the use of technologies like artificial intelligence (AI) and data analytics to enhance customer experiences and operational efficiency.
Sustainability
Sustainability will be a key driver in the retail sector by 2025. Consumers are increasingly conscious of the environmental impact of their purchases, and retailers will need to prioritize sustainable practices. This includes offering eco-friendly products, implementing green supply chain practices, and promoting sustainability initiatives within their operations.
Consumer Preferences
The shift towards sustainable and ethical consumerism will continue to grow. Retailers that can offer products and services aligning with these values will have a competitive advantage. Additionally, personalized shopping experiences and convenience will be crucial in attracting and retaining customers.
Tourism & Entertainment
San Pedro Garza García is known for its vibrant cultural scene, including festivals, concerts, and events that attract both locals and tourists. This influx of visitors creates opportunities for retail businesses to cater to a diverse range of consumers, further boosting the local economy.
Infrastructure & Urban Development
The San Pedro Garza Garcia municipality benefits from well-developed infrastructure, including sophisticated shopping centers and recreational facilities. Continued investment in urban development projects will enhance the retail landscape, making it more attractive for both local and international brands.
Overall, the retail sector in San Pedro Garza García, is expected to thrive by 2025, driven by digital innovation, sustainability, and a robust local economy. Retailers that can adapt to these trends and meet the evolving needs of consumers will be well-positioned for success in this dynamic market.
Office
The 2024 office market at San Pedro Garza Garcia, is part of a broader trend in the country's commercial real estate sector.
Here are some key points:
The office market in San Pedro Garza Garcia / Monterrey, has shown signs of recovery
For instance, Monterrey's office market saw a total market activity of 60,000 square meters leased by the end of the fourth quarter of 2024, with a significant portion of this space being newly absorbed. The vacancy rate for office spaces was around 21% by the end of the fourth quarter of 2024, indicating an improving market.
There is a growing demand for flexible and coworking spaces in Mexico, including Monterrey.
Is driven by the return of employees to offices and the increasing acceptance of flexible workspaces as a corporate strategy. The Latin America coworking spaces market is expected to grow significantly, with major cities like Monterrey contributing to this demand.
Monterrey remains a key economic hub in Mexico
Attracting significant investment and driving demand for office spaces. The city's strategic location and strong industrial base make it an attractive market for both domestic and international investors.
Monterrey also has a substantial industrial and logistics real estate market.
This sector is undersupplied, which may indirectly affect the office market as companies look for additional space to support their operations.
Overall, the 2024 office market in Monterrey is characterized by recovery
increasing demand for already built spaces, new buildings with more amenities included and flexible workspaces, continued investment, reflecting broader trends in Mexico's commercial real estate sector.
The new modern office spaces are designed to attract multinational corporations, financial institutions, and tech companies. The spaces feature advanced technology infrastructure and sustainable features, ensuring a productive and efficient work environment.
