Guadalajara managed to accumulate gross demand for the first three quarters of 2023 of 207 thousand square meters, with the third quarter of the year being where the greatest activity was concentrated with 66 thousand square meters, which represents an increase of 17% compared to Q3 2022.

If, on the other hand, we analyze the amount of Foreign Direct Investment issued by the Ministry of Economy, of the 18,635.7 million dollars that were captured during the first three months of 2023, 931.7 million correspond to new investments where Jalisco and Mexico City achieve the highest participation with 368.9 and 322.6 million dollars, respectively.

Check here: Solili Industrial Report 3Q 2023, limited supply limits growth in industrial demand in Mexico

Jalisco focuses its competition profile on its strategic position, with the availability of infrastructure, industrial parks and qualified labor, which allows it to be a reference for foreign companies seeking to establish themselves in Mexico.

Currently, of the 25 available spaces, we find surfaces from 760 square meters to 62 thousand square meters. In this range of possibilities, half a dozen industrial warehouses exceed 26 thousand square meters, which has allowed the average size of warehouses to be higher than what was being developed a year ago.

Institutional operators have been standing out by offering Class A industrial warehouses not only of large format in terms of surface area, but they have also configured new industrial products that are more competitive in terms of warehouse height, availability of maneuvering yards, loading platforms and other elements that They are presented in the most competitive markets nationwide.

Of interest: Industrial rental prices continue to increase nationally

At the end of Q3 2023, these developers continue to maintain a significant pace of construction involving 244 thousand square meters of warehouses in process. At this time, 94% of these surfaces under construction are available at an average rental price level of $5.45 to $8.41 dollars per square meter per month, so an increase in vacancy is projected once the properties complete the construction process. construction and are incorporated into the city's industrial inventory.

This important offer gives Guadalajara the ability to compete since the industrial vacancy is currently one and a half percentage points, which allows this market to face requirements that are generated between now and the end of the year, capturing the demand not satisfied with some markets in the north of the country.