Guadalajara at the end of the second quarter of 2022 registered a gross demand of almost 91 thousand square meters, a figure 6.5% higher than that registered in the same period of 2021.

The demand for the quarter has been concentrated mainly in the El Salto and Lopez Mateos Sur submarkets, which together account for 88% of the quarterly gross demand.

The availability of warehouses in Guadalajara has been decreasing and at the end of June 2022 the vacancy of around 88 thousand square meters is equivalent to 1.85% when a year ago in June 2021 it was 2.97%, this when contemplating class A and B, however , if we analyze the class A industrial buildings in the city, the vacancy is less than 50 thousand square meters, little availability for a market that exceeds 5 million square meters.

Check here: Industrial impulse recorded by Querétaro, Guanajuato and Guadalajara

This pressure on the available spaces makes it necessary to reactivate construction, which although it seems to reach one of the historical maximums with the 303,000 square meters that are built, only 38% of these projects will be available to be occupied, which would be equivalent to 115,000 square meters. squares, with the possibility of locating only seven available options.

These options are very limited in size with the possibility of either large surfaces of 22.5 to 31.7 thousand square meters or small surfaces of less than 5 thousand square meters.

As can be seen when consulting the Solili platform, a large part of the constructions that are advancing correspond to custom-made projects, pre-leased buildings or the expansions of companies based in the area, which makes the market more vulnerable to an increase in demand in the middle of the environment with a vacancy of less than 2%.

Even in the midst of low availability, rental prices have remained in reasonable increases, closing at the end of June 2022 with $4.97 dollars per square meter per month, a figure 2.9% higher between January and June and 4.2% higher in annual terms.

Of interest: Bajio continues to grow with BTS projects, it is necessary to reactivate speculative demand

Already in the tour made to California in mid-June 2022, the General Strategic Coordination for Growth and Economic Development of Jalisco announced that they had managed to materialize 724 million dollars of investment, which would be developed within the next 12 months, which that would guarantee the investments that new industrial spaces would demand.

The strengths highlighted by investors are the ability to generate and attract talent, job stability, infrastructure, having development and research centers, as well as having a consolidated manufacturing and design industry.

For this reason, the activation of industrial construction with a greater presence of speculative investment seems to be a safe bet in the face of the scenario of growing demand in a modern entity and that is transformed to generate greater added value in the productive processes that are installed in the entity.