The gross demand for industrial buildings registered by the Querétaro market at the end of the first half of 2022 doubled that generated in the same period of 2021. In turn, the vacancy that reports 3.5% in July 2022 was reduced to almost half of what was indicated at the end of July 2021 where almost 6.6% of vacant spaces were available.

This scenario is complemented by the historical maximum of industrial constructions that are carried out in this entity of the shoal where 473 thousand square meters of warehouses advance. These constructions are located at 52% on the Airport submarket, followed by 28% and 19% in the Mexico-Queretaro and Querétaro-San Luis Potosí submarkets.

Going deeper into the composition of the demand, we find that the two operations with the largest registered area correspond to the data center sector with individual surfaces above 40 thousand square meters and that make up 30% of the demand for the first half of 2022.

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These constructions correspond to projects tailored to companies that come to the entity with very specific requirements and that upon completion of their construction enter the inventory occupied.

The rest of the demand, until the first half of 2022, corresponds to various sectors such as manufacturing, logistics, metalworking and electronic commerce that mobilized spaces from 800 to 28 thousand square meters where the participation of speculative projects has been increasing to a greater extent. proportion although BTS and expansions still predominate.

This wide spectrum of demand so far in the last year has managed to supply the spaces that the entity had a year ago. Currently, the vacancy of 220 thousand square meters is concentrated mainly on two submarkets: 57% on Mexico-Querétaro and 34% on the Airport submarket.

However, the Querétaro-San Luis Potosí submarket, which groups a third of the industrial inventories, maintains a low vacancy of only 12 thousand square meters, equivalent to 0.6%.

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The current availability in this market ranges from 385 square meters to 41.8 thousand square meters, where a dozen warehouses are larger than 10 thousand square meters and the rest are speculative options that can satisfy the demands of suppliers of the main manufacturing and logistics industries. that they settle there.

The developers that have shown the greatest activity so far this year, such as Parks, American Industries, Intermex, AM Developers and Roca Developers, among others, measure the pulse of the indicators in order to determine their ability to create new options to maintain a price of balanced average rent that closed in July 2022 at $4.18 dollars per monthly square meter, which represents an annual increase of 6.3%.