North America Industrial Construction Cost Guide 2023

COSTSBYSEGMENT ANDMARKET Mexico (USD) MEDIUM PROJECTS (476,400 RSF)

SEGMENT COST BY MARKET

$0

$20

$40

$60

$80

$100

Monterrey

Guadalajara

Mexico City

SEGMENT COST COMPOSITION BY MARKET

0%

20%

40%

60%

80% 100%

Monterrey

Guadalajara

Site Work Base Bldg Structural & Enclosure Base Building Architectural Base Bldg MEP GC’s and GR’s & Fee Contingency

Mexico City

Source: Cushman & Wakefield Project & Development Services

22 NORTH AMERICA INDUSTRIAL CONSTRUCTION COST GUIDE 2023