The industrial market of San Luis Potosí reported a vacancy of 1.81% for the month of May, being one of the lowest nationwide. The market has reported a downward trend in the indicator, which has decreased 71 basis points compared to the month of May 2023.

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The growing demand has exerted constant upward pressure on the rental prices of industrial warehouses, however, the industrial market of San Luis Potosí continues to be one of the best alternatives for those looking for competitive prices in the Bajío region, only behind the Guanajuato market.

The rental price has increased from its record level of $5.27 USD per square meter, having an annual increase of more than 20% when compared to the month of May last year.

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The industrial submarkets with the highest vacancies in the market are San Luis Potosí - Villa de Arriaga and San Luis Potosi - Rio Verde, which have an average price of around $5.00 dollars per square meter.

Companies continue to choose the San Luis Potosí market to expand their industrial operations, which is why local developers have continued executing new projects, both speculative and custom-made for those tenants who require buildings according to their needs.