The industrial real estate market in Guadalajara closed the first quarter of the year with a net demand of 133 thousand square meters, the second highest value registered in the last three years, according to the real estate platform Solili.

Close to half of the number of closures in the period was concentrated in sizes of less than 3 thousand square meters, which indicates a significant concentration of demand on sizes that have not traditionally been recorded in recent quarters.

Guadalajara has been characterized by its broad technological and logistics profile within Mexico, where demand in recent quarters has been supported in part by the drive for electronic commerce.

Mexico reached just over $401.3 billion pesos at the end of 2021, which implied a growth of 27% compared to the previous year, after the 81% increase registered between 2021 and 2020.

This situation has been the trigger for the interest of many developers who consider that this real estate product of the mini-bodegas currently has a significant unsatisfied demand.

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In recent tours carried out by Solili, this concept gained followers and we observed many more options that are located on various points in this market where spaces are offered for rent and sale from a thousand meters of warehouses with all the first level infrastructure services.

On subamrkets such as El Salto and Zapopan Norte that concentrate 95% of the demand for 1Q 2022, they market this concept where macro lots between 4 and 6 thousand square meters are offered for sale, lots on average between 900 and 1,000 square meters and up to rent of mini-warehouses ready to occupy surfaces between 600 and 1,000 square meters that previously were not abundant.

These formats make it possible to almost immediately ensure the expansion of a business that is already installed in the area and that for seasonal reasons requires increasing its storage capacity.

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Another interesting advantage of this product is the low investment amount compared to what the market previously offered, which opens the possibility for non-institutional or local investors who may feel attracted to venture into a market that has reported significant capital gains even in the midst of the pandemic.

In turn, the complex panorama of logistics worldwide, where supply chains face great challenges in terms of delivery times and compliance with specifications of purchased goods, favors production in Mexican territory and the increase in warehouses. of inputs and finished products that allow meeting the demand.

In general terms, this important industrial market, which reduced the vacancy of Class A warehouses by 1.45 percentage points with a current availability of only 2% of its inventories, aims to continue advancing in this new commercial format that, due to its characteristics, corresponds to the type of class B.