Queretaro opens its industrial real estate market to
the world; 32 projects arrived in 2018
The State of Queretaro has stood out for having investment attraction
strategies focused on the strengthening of regional value chains; on the other
hand, the carried trade missions are considered as an effective tool, since
they allow promoting the activities and production of the local productive
plant in the international sector.
According with figures provided by the Ministry of Economic Development
in the State of Queretaro, only in 2018 were achieved a total of 32 concreted
projects with an investment amount of 5 thousand 300 million pesos, what
generates 14 thousand 29 jobs.
Andres Lomelin, director of the firm Colliers International Bajio, said
that in 2018 its market absorption was between 350 and 400 thousand square
feet, in class A and B industrial buildings,” we saw as always activity on
region Bajio in the automotive sector, of new companies as well as the already
established, we also detected an important growth in the logistics sector.”
Colliers International has more than 25 years on
the market, offering coverage in more than 70 countries worldwide, present in
all important places of industrial real estate nationally, commercial and of
offices.
“In the Bajio region we have monitored about 75 transactions as the most
representative, this does not mean they are all, but they are the ones we
considered as of more importance in volume, brand and square meters coverage,”
said Andres Lomelin, director of the firm Colliers International Bajio.
Meanwhile, Francisco Eduardo Estrada Gomez Pezuela,
senior vice-president of new businesses for the Bajio region of Corporacion
Inmobiliaria Vesta, said that there was a great activity within the automotive
sector in 2018, information technologies, as well as the aeronautical.
“We saw many German investment, from the United States as well as of the
arrival of Asian companies, mainly Japanese and Chinese; today we can say
Mexico continues to be an investment attracting pole.”
BUSINESSMEN CONTINUE TO BET ON QUERETARO
Through the coordinated work between state
authorities, it is guaranteed that the arrival of new companies to the State,
as well as the expansion of the existing ones, is in spaces that have services
and facilities to develop their activities, and in turn retribute communities
by making responsible use of natural resources of their surroundings, said
Marco Antonio Del Prete, secretary of Sustainable Development in the State of
Queretaro.
Del Prete detailed that from the 32 companies arriving to the state they
include a territory of 499,307.09 m2
Likewise, he said that 2018 also represented a period of expansion, such
is the case of already established companies and that continue trusting the
State for their growth and development, fulfilling 10 expansion projects in
122,097.09 square meters.
Queretaro stands out for having a boom in industrial developments and
parks, which has allowed the arrival of 22 new companies, which have being
fulfilled seeking the productivity increase without depleting the environment,
these acquired a total of 377,219 square meters.
According to Andres Lomelin, land pricing in the region has in fact had
important increases throughout the last years, not so rents.
Leasing – he said – has kept in some way, stable, that allows and
encourages the arrival of companies and maintains competitiveness in the
region, leasing rates are between 3.50 and 4 dollars by square meters per
month.
Francisco Eduardo Estrada, senior vice-president of
new business for the Bajio region of Corporacion Inmobiliaria Vesta, underlined
that the entity has the advantage of a good offer on industrial developments,
for sales as well as for leasing.
Also, he mentioned that real estate developers are
well classified, offering spaces for micro and small industry, as well as for
medium companies, having also land availability for bringing big projects of 80
to 100 thousand square meters and that they have suitable infrastructure.
FACILITIES IN TRAMITOLOGY
Queretaro is characterized for
being one of the friendliest States in terms of tramitology, facilitating the
arrival of new companies and providing supports for the startup of new
processes operations; that is why Queretaro’s growth has triggered in an
accelerated manner.
Vesta has two types of products; existing industrial buildings for
companies reach and began their settling process and in an approximate period
of two to three months already have the entire necessary infrastructure to
start their productive processes, and also tailored projects, which take about
six to eight months to be build, install constructive process and began
operations.
“These are record times compared with other countries
around the world where eight months are probably eight months the ones needed
to have a construction permit, while here in eight months we have the
industrial building and they start the operation of their processes,” explained
Francisco Eduardo Gomez.
Vesta has 60 thousand square meters available in
Queretaro in addition of the capability of performing customized projects, likely
they have territorial reserves to develop more than half million square meters
during the next five years.
TRENDS AND EXPECTATIONS FOR 2019
As of that momtent a natural trend will exist for
those products of added value manufactured on the State, which will require
facilities with a higher level of specialization.
In 2019, the Queretaro industry will be entering this
new stage of Revolution 4.0, where technology plays a very important role, as
well as communication and flexibility to develop specialized products.
“Today the infrastructure manufacturing companies will
require connectivity from the point of view of efficient transmission of data
in a very important way, since they will not be isolated entities throwing a
specific product to the market, now we will be seeing manufacturing processes
adapting to a demand of changing products,” said the senior vice-president of
new businesses for the region Bajio of Corporacion Inmobiliaria Vesta.
In 2018, the company opened Vesta Park Queretaro, an
Industrial Park thought-out to have the infrastructure required
to receive this kind of companies which are massive users in data transmission,
who require efficient systems of electric energy supplies and data transmission
that satisfies their requirements.
Andres Lomelin, director
of the firm Colliers International Bajio, said that for 2019 is expected a
favorable trend contrasting with 2018: “as great scope industrial parks, we can
say that there are about 25 already established and operating, and we see five
or six projects of that same profile that are coming to start operations, in
addition of this there are Business Park or Microparks, which are offering a
product to SMEs, building with a small users profile and, in that sense, there
is too much offer. We see about 40 parks
included on that niche.”
Finally, Marco Antonio
Del Prete, secretary of Sustainable Development in the State of Queretaro, said
that in business matters for 2019, there are 30 projects on portfolio, which
represent an investment amount of pore than 5,600 million pesos and the
generation of more than 13,000 jobs for the state.
