staging
National inventory of industrial parks reaches 70 million m2
Real Estate Market | February 20, 2018 |

2017 ended with a national inventory of 70 million m2, before the incorporation of a new offer for 5.9 million m2. A net absorption of 5.5 million m2 was reported throughout 2017 and culminated in December with 3.4 million m2 under construction.

According to data from the "Insight Industrial 2017" report of CBRE, of the 13 markets covered by the firm, which represent close to 80% of total demand, "at the end of 2017 the net absorption reached 4.1 million m2, which remains 3% down from the previous year which was a record year for demand. The markets that led the net demand (without including pre-leases or renovations) were the CDMX (843 thousand m2), followed by Guanajuato with 717,000 m2, Monterrey with 592,000 m2 and Querétaro with 580,000 m2. "

Regarding vacancy rates, the average level is 4.9%, the highest being Queretaro with 7.1%, followed by Reynosa with 6.8%.

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