Saltillo reports quarterly growth rates of industrial demand of almost 40%
Solili | October 18, 2021 |

After the end of 3Q 2021, the industrial market of Saltillo has seen a good performance both in the demand for industrial spaces and in construction, leaving positive figures and with signs of growth that lead to Saltillo as a market of interest to receive future investments.

The gross demand for industrial space at the end of the quarter was close to 189 thousand square meters in about twenty transactions, showing an increase of 38% compared to 2Q 2021.

The origin of this demand corresponds mainly to companies in the automotive, logistics and manufacturing sectors.

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For its part, net demand culminated in positive numbers, giving a total of over 79 thousand square meters, influenced by the unemployment of around 11 thousand square meters.

Ramos Arizpe concentrates more than 50% of the total gross demand that occurred during the quarter.

The slight increase in the quarterly inventory corresponds to the construction settlement of a Class A BTS of around 9.8 thousand square meters on the Arteaga submarket.

Regarding construction, the arrival of investments from manufacturing and automotive companies can be observed, such as: Phillips, Martinrea MJ, HNI, among others.

They began the construction of five BTS warehouses and in turn two speculative warehouses, expanding the industrial offer of the city, resulting in a figure of more than 110 thousand square meters, with the expected completion of construction in the next 3 or 6 months.

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At the end of this period, the industrial offer of Saltillo leaves us with a total of almost 40 properties available, with areas from 1,200 square meters to 18.5 thousand square meters.

Despite the difficult recovery as a result of the pandemic and the global crisis that was generated nationally and internationally, Saltillo has become one of the industrial markets that has generated the most interest in Mexico.

The immediate future points to signs of sustained positive demand in the coming months.

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