Querétaro with expectations of recovery in industrial demand
El Economista | May 17, 2021 |

Given the low demand for industrial land that the state maintained in the first quarter of the year, there are expectations of recovery for the remaining period of 2021.

The realization of investment projects programmed to establish data centers, as well as investments in the automotive industries, will affect the demand for spaces in the state, explained the director of Market Research for the real estate platform Solili, Pablo López.

“Our forecast for the market is somewhat positive because we already have important investments waiting that will demand industrial space and surely the remainder of the following quarters of this year will have a better performance. There are data centers, automotive and aerospace companies that are trying to find a niche to develop and logistics companies that are looking in the state, "he said.

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Although throughout the health contingency the local market has been affected with a drop in the demand for manufacturing space, the forecast is that it will improve progressively.

Even in the first quarter of 2021, the entity exhibits decreases in the placement of industrial surface, derived from an increase in the vacancy of spaces, largely due to the decision of manufacturing companies to reduce their surfaces for various reasons, including relocating to other markets .

Therefore, the recovery projections are evoked by the new projects to materialize in the state, after a year of pandemic by Covid-19 and the effects that the health emergency had on the vacant space.

At the close of the first quarter, the industrial market of Querétaro persists as one of the most affected by the pandemic, registering the unemployment of 16,000 square meters that were located on the Mexico-Querétaro submarket.

Do not forget that in Solili you can know the key indicators of industrial markets such as: Mexico City, Monterrey, Tijuana, Querétaro, among others.

In the same way, carry out a search to know the availability of Querétaro.

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