At the end of the fourth quarter of 2024, the Saltillo industrial market was positioned as fifth nationally in terms of total construction, with approximately 370 thousand square meters in the development process.
Of interest: Industrial leasing in Querétaro reaches half a million m² during 2024
It is important to highlight that 85% of Saltillo's industrial buildings are pre-leased, leaving only 55 thousand square meters available. These spaces correspond to speculative developments under construction by Vynmsa, Grupo Amistad and Grupo Mencorsa.
The limited construction of speculative projects, added to the high demand, has caused even developments under construction to be rented before completion of construction, which has caused a significant decrease in the vacancy rate. At the end of 2024, the indicator reached critical levels, registering its lowest point at 0.5%.
Check here: Solili Industrial Report 4Q 2024: Annual demand of 6.2 million marks a record, 7% more than 2023
Tailor-made projects represent a significant portion of construction and industrial investments in the region. The current situation shows that the market requires greater investment in speculative developments with the aim of increasing industrial supply and reaching healthy levels of vacancy in the market.