The gross industrial demand of Guadalajara managed to register 48 thousand square meters only during the month of July 2023, a figure similar to that reported in Mexico City. This monthly amount far exceeds the total registered in the second quarter of the year and represents close to half of what was reported in 1Q 2023.

The record of gross demand in 3Q 2022 was almost 57 thousand square meters during the entire quarter, so the projection of the total for 3Q 2023 will greatly exceed this figure.

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For its part, availability still remains at low levels close to 1.7%, while rental prices have registered a significant upward trend of 26% per year, to close with $5.9 dollars per square meter per month during the month of July 2023.

This market has managed to attract various manufacturing and logistics companies in the last two years, which has convinced various developers to increase their commitment to industrial spaces. Nearly 80% of the warehouses that are currently being built are located on the El Salto corridor, which continues to maintain the highest profile of buildings for this market.

The ability of this market to position itself in attracting talent for technology and innovation has been the differentiating element that seeks to strengthen the investment ecosystem where the industrial and service sectors are at the forefront. 

For example, Siemens in recent statements announced the inauguration of its new offices in Guadalajara to accelerate the technological transformation of the region.

Of interest: Guanajuato's automotive vocation continues to attract industrial investment

Likewise, CBRE's annual "Scoring Tech Talent" report that examined employment, salaries, and graduation rates, of the 10 largest tech centers in Latin America ranks Mexico City as the second largest tech job market of Latin America, points out that Guadalajara reached a 60% increase in technological employment in the region.

Jalisco also leads Foreign Direct Investment in the first quarter of 2023, with 368.9 million dollars (mdd), followed by Mexico City with 322.6 mdd of the national total of 931.7 million dollars. These projections place Guadalajara with significant growth potential by 2024.