After the challenges of the pandemic, the net absorption of Guanajuato recovers
SOLILI | October 03, 2022 |

In the advance of 2022, Guanajuato has taken a significant turn in industrial activity after the significant contraction that was generated in the entity after the pandemic. In the first half of 2022 alone, the gross industrial demand of Guanajuato is 2.2 times higher than that registered in the same period of 2021.

In terms of net demand, this outstanding market in the lowlands had registered negative figures during the third and fourth quarters of 2020, which began to revert to positive territory as of the beginning of 2021. If we compare the net absorption of the first semester of 2021, the same doubled its value in the same period of 2022 to close with almost 200 thousand square meters between January and June 2022. The fact that vacancies did not exceed 12% of gross demand was decisive in the recovery of net demand.

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The factors that affect the sustained progress of net absorption are associated with the interest of various companies to settle in the area and that include manufacturing, furniture, metalworking, electrical and electronic, automotive, and air conditioning industries that managed to close spaces industry in the first half of 2022.

In that period, we saw the occupation of large spaces where a dozen operations concentrate 70% of the demand with surfaces ranging from 10,000 square meters to a single transaction that exceeds 110,000 square meters located on the San Miguel de Allende corridor. -San Jose Iturbide.

The transport and land and maritime communication infrastructure of Guanajuato and Michoacán, as a whole, has become another key factor in the development of the most important logistics node in the Bajío-Occident and in the Pacific area of Mexico. The link between Puerto Interior and Puerto Lázaro Cárdenas favors a better connection with border logistics cities of Mexico and the United States, such as Ciudad Juárez, Laredo and Altamira.

Expansions such as those of the Ferrero Group of almost 100 million dollars in its new production line, as well as the expansion of the Ikea plant, the Swedish furniture and household goods chain, reaffirm confidence in the entity.

Of interest: Mexico City continues with industrial rents with increases of more than 10%

Other recent investment announcements include Donaldson Company, a world leader in the manufacture of industrial filters, which estimates to bring the entity 140 million dollars, planning to start operations in León in 2023. 

The H-J Family of Companies, manufacturer and supplier of transformer components for the world market and Timken Company, a manufacturer of tapered roller bearings and power transmission equipment for general industry, also announced investments.

The food industry is also signing up and Nestlé Purina announced that it will invest 100 million dollars in its plant located in Guanajuato Puerto Interior in Silao.

All these movements allow us to anticipate a closure of the remainder of 2022 moved to the lowlands and mainly to the entity with the greatest dynamism, such as Guanajuato.

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