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Industrial parks attract 63 projects to Jalisco

  • Jalisco's industrial parks thrive with 63 transactions, occupying 355,609 sqm and generating a significant economic impact.

In the first six months of 2021, the industrial parks in Jalisco generated an economic impact of nearly $75 million. Photo: SiiLA.
In the first six months of 2021, the industrial parks in Jalisco generated an economic impact of nearly $75 million. Photo: SiiLA.
08/05/2021

In the first half of this year, the industrial parks in Jalisco have experienced a remarkable surge in activity. They have attracted a total of 63 transactions, including expansions and new company arrivals. These figures, provided by the Jalisco State Industrial Parks Association (APIEJ), reveal significant growth, amounting to 355,609 square meters during this period. This achievement represents an impressive 90% of the total industrial space occupied throughout the entirety of 2020, which amounted to 394,869 square meters.

This surge in industrial activity has resulted in a substantial economic impact, contributing to a cumulative influx of $74,742,387 in terms of real estate contracts during the first half of this year. José Carlos Alemán, CEO of SiiLA, a specialized real estate data platform for Latin America, highlighted the major sectors driving this growth: electronics, logistics, and automotive transportation.

Remarkably, the second quarter alone witnessed 35 transactions, consisting of 11 company expansions and 24 new company arrivals, as reported by Javier Lemarroy, Director General of APIEJ. This resulted in an absorption of 183,426 square meters, more than double the occupancy recorded during the same period in 2020, which stood at 87,754 square meters across 12 projects.

Read the full article (in Spanish).

Latam
Mexico
Jalisco
Industrial
Market Analytics
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ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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Transactions


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