Demand for speculative industrial projects increases in Querétaro

In the third quarter of 2024, industrial demand in the Querétaro market reached 167 thousand square meters, which represented an increase of 12% compared to the previous quarter.

Of interest: What are the most in-demand sectors in San Luis Potosí during 2024?

This strong industrial demand has been driven mainly by speculative projects, which accounted for 92% of total demand. This shows the inclination of industrial tenants towards this type of project.

The Querétaro - San Luis Potosí submarket leads the highest demand in the quarter, reporting 52% of the transactions in the market, mainly in the Querétaro Industrial Park as it is one of the main industrial development hubs in the market.

Second, the Mexico-Querétaro submarket captured 22% of industrial demand transactions, followed by the Airport submarket, which accounted for 15% of transactions in the third quarter.

See here: 72% of Guanajuato's industrial demand in July-August was driven by BTS

These activities were concentrated in industrial parks such as PyME, El Marqués and Cantera Industrial Park, which have gained relevance as key hubs for industrial development in the Querétaro region.

Today, the Querétaro industrial market continues to show growth, standing out for its infrastructure and qualified labor. These conditions continue to attract companies seeking to take advantage of the region's competitive advantages.