The first quarter of 2022 ends and the gross demand figure for Guadalajara stands at 100 thousand square meters, a boost that corresponds to companies in the logistics, retail, manufacturing and food and beverage industries.

However, the figure with the best performance was recorded by net demand, which includes vacancies for the period and which manages to exceed 133 thousand square meters, which is the highest figure in the last 4 years after the peak reached by 186 thousand square meters in the first quarter of 2021.

The market vacancy rate is beginning to show signs of decline, after reaching its maximum value of 6.4% hourly in February 2021, reflecting 2%, being one of the strongest contractions at the national level.

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Sustained demand has been the engine of the strong construction momentum where at the end of 1Q 2021 works are progressing for more than 160 thousand square meters, the vast majority of which are located on the El Salto submarket, represented in eight industrial buildings, of which only three have Available space.

The current availability of the market, between existing projects and those under construction, shoes sizes between 500 square meters and 30.7 thousand square meters, the latter area being the one that belongs to the Kampus Industrial Santa Rosa project, under the speculative modality and that allows various configurations. of sizes from 9.3 thousand square meters.

For the remainder of the year, the industrial absorption of the market is projected to increase with the closing of new important projects made to measure or BTS that are in a state of advanced negotiations, for which an increase in demand is estimated in the next quarters.

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Regarding the rental price, the quarter closes with $5.06 dollars per square meter per month, an amount that registers an increase of 3.7% compared to the beginning of the year and 5.5% in annual terms, in a market that seeks competitiveness by absorbing costs. construction that have skyrocketed in recent quarters.

One of the advantages of this market is that the larger projects on the El Salto submarket were negotiated in times of controlled inflation, so they can currently compete and take advantage of attracting potential tenants to their options.