Guadalajara advances in the first quarter of the year with a gross demand that reached 110,000 square meters, while a dozen new industrial spaces are currently being developed that exceed 266,000 square meters, with warehouses whose approximate surfaces range from 5 to 37 thousand square meters.

This important market in the south-east of the country in the last four years has emerged with a significant advance in its industrial inventory, which has increased 1.6 times. It was during the month of May 2022 that the greatest construction activity was recorded, which managed to exceed 358,000 square meters of industrial projects that were advancing under construction.

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When we analyze in detail the projects that are being built, large stores take center stage, since close to half of the projects underway are warehouses whose surfaces exceed 25,000 square meters.

We have seen at least half a dozen different developers competing by incorporating elements of design and space distribution in their warehouses, with great heights, surfaces that can be modulated, with a greater number of platforms and maneuvering yards than the new logistics and manufacturing processes. demanded by companies that seek to expand or that arrive for the first time in the entity.

This competition is developed in the presence of a speculative component that seeks a greater return on investment and that has been able to stop the progressive decline that the vacancy had and that reached its lowest level in January 2023 when it registered half a percentage point and has already managed to locate itself. by almost 1.5% at the end of April 2023.

Regarding the geographical distribution of new constructions, the El Salto submarket leads the way, since a series of hydrological conditions converge in it that promote industrial development and it is where there is solid growth potential for new real estate ventures.

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The Guadalajara infrastructure challenges go through the expansion and modernization that is being undertaken at the Guadalajara International Airport, which seeks to double the airport's capacity by the year 2026. The investment is estimated at 11 billion pesos and will allow the construction of a second runway, renovate Terminal 1, build a new Terminal, a 180-room hotel, an office tower and expand parking space.

The Association of Industrialists of El Salto indicated that the area is estimated to receive investments as a result of nearshoring for 500 million dollars, which is why the arrival of relocations of production processes is expected, which will promote the development and construction of new industrial parks. The automotive, metal-mechanic, electrical and chemical sectors will continue to detonate the industrial fabric of suppliers that supply supply chains in the region.