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Querétaro leads industrial growth in the Bajío region

By Perla Eunice

Querétaro

December 8, 2021





Querétaro's market recorded a strong growth in investments, with over 1 million square feet. Daniel Tapia, Market Analysis' Bajío Market Intelligence, stated that there was an increase in investment compared to the same quarter of previous years.

The most significant transactions were carried out by companies such as Kavak, Home Depot, TRW, Welldex and Kloeckner Metals. Regarding availability, the most important companies involved were Construye Industrial, Vesta, AM Developers, Finsa, Intermex, among others.

In the Bajío region, another outstanding state during the third quarter was San Luis Potosí: it achieved 537,000 square feet in closed operations. "Compared to Q3 2020, a significant growth in investments can be seen," said Daniel Tapia.

Digital Metal Stamping, Yanfeng, Poligof and DHL were the companies that carried out the most significant deals. In stock the most outstanding developers were Vesta, RMSG, Ramsua, CYVSA, Intermex, American Industries.

In Guanajuato, investment in the market reached almost 400,000 square feet in completed transactions.

In terms of supply, the most important developers are Advance, Intermex, Vynmsa, Vesta, Roca Desarrollos, among others. Promeba, NKPM, KB Component and Suminoe stood out in the number of representative transactions.

There were other states in the region, however, that did not show growth, such is the case of Guadalajara. "The Guadalajara market did not have a good third quarter of 2021 as compared to 2020: the closed trades represent over 130,000 square feet," said Daniel Tapia.

ADM, with an infrastructure building in El Salto, and Innomex, with an additional building under expansion, are among the most significant transactions.

The companies that stood out in terms of availability are Parks, Vesta, Finsa, Grupo MPA, Intermex, among others.

Aguascalientes was another state with difficulties, given the lack of investment during the quarter. Daniel Tapia reported that, regarding availability, there are 350,000 square meters in speculative buildings.

 

Contact:

Daniel Tapia

infodaniel.tapia@marketanalysis.mx

www.marketanalysis.mx

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