Guadalajara is benefited by its cultural identity, provision of road and transportation infrastructure, along with an internationally competitive educational offer. This has been key to the fact that in recent years, various foreign technology companies have opted for this city to establish their industrial and corporate activities, compared to the multiple requirements that the United States demands for development in this segment.
As a result, the amount of 3.6 million square meters in the city's industrial inventory can be seen at the end of April, along with the increase in interest from developers to expand their offer here. As a reference data, 201 thousand square meters are currently being built for industrial buildings that represent 5.5% of the total inventory.
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Among what is built you can find different sizes of buildings, however, the Santa Rosa de Alveo Kapital Industrial Park project stands out, a development in speculative mode that exceeds 40 thousand square meters with options to acquire from 9,336 square meters.
Vesta, another important developer in the city, has planned large options of 20 and 35 thousand square meters that will be in Vesta Park Guadalajara within the El Salto submarket.
The strong activity in construction is based on a growing demand. Only in the period January-March 2021 163 thousand square meters of industrial space were leased, this figure contrasts with that reported in previous quarters that reached values between 50 and 60 thousand square meters, even in pre-pandemic periods.
For the month of April, the rhythm of gross demand in the city continued positively, closing close to 30 thousand square meters, with some spaces in advanced negotiations that could be finalized in the remainder of the quarter.
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The offer of real estate in Guadalajara is varied along with the developers, investors and marketers who participate in it; They have both local and regional profiles, in combination with foreign capital that seek to consolidate their participation in an industrial market that has managed to exceed growth expectations, even in the midst of the pandemic.
Below 15 thousand square meters, the city has warehouses that can be marketed in modules with lengths between 2,000 and 5,000 square meters, which reinforces the varied availability and preference for settling here.
Guadalajara is in one of the best moments for industrial development, currently it is positioned as one of the markets with the highest levels of demand and it is estimated that the trend will continue in the remainder of the second quarter of this year.
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