When the metrics of the industrial real estate sector in Guadalajara are analyzed in the last four years, the important progress and transformation that this entity has been developing is well marked.

With an increase of 50% of its inventory in the last three years and the important rise in demand, it has managed to exhaust its vacancy to 1.2%, a level that has reached a historical minimum in the entity in the last 4 years.

When analyzing the historical increase in constructions, the highest growth rate was registered between July 2019 and July 2020 with 40%, 24% between July 2021 compared to the same month in 2020, and finally 28% between July 2022 and July 2021.

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The construction activity has been a key indicator of the performance of the sector that manages to exceed 300 thousand square meters, which had not been observed until now in Guadalajara in more than twenty industrial buildings.

Of the total that is built, about 41% is available in sizes ranging from 1.5 to 31.7 thousand square meters. The El Salto submarket concentrates 67% of the industrial constructions where parks such as Vesta Park Guadalajara, Kampus Industrial Santa Rosa and Finsa Jalisco El Salto are at the forefront of the speculative offer that in its entirety groups 71% of the buildings under construction.

The ships that are currently being built, according to the information collected by Solili in his field trip carried out in June 2022, report net profitable areas ranging from 7.3 to 37.6 thousand square meters.

In Jalisco, the indicators of a stable economy, the innovation of the economic sectors and the existence of world-class precursor sectors are the basis of the competitiveness of this area, which becomes an attractive market for investors and real estate developers who seek to expand and strengthen their briefcase.

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Another phenomenon that also affects construction is the high inflation of raw materials and input costs such as steel, cement and asphalt that require great expertise on the part of developers and builders when it comes to fine-tuning budgets and maintaining profit margins over the basis of competitive starting rental prices.

Regarding the demand that characterized the second quarter of the year, logistics concentrates a quarter, while manufacturing dominates absorption with just over 75%, where the electronic components, food and metalworking industries stand out in occupying industrial spaces.