Vesta Park Queretaro VPQ 05: Catering to Mexico's Demanding Infrastructure Needs

Queretaro is one of the most important real estate markets in the Mexican Bajio region. The automotive industry and manufacturing sector largely drive its development and economy. In fact, over the past three years, industrial properties in this region have seen an actual increase of 13%, with the addition of nearly 740,000 square meters, according to data from SiiLA Market Analytics. Among the recent developments, Vesta Park Queretaro VPQ 05 stands out. With almost 15,500 square meters of extension, this property was completed at the end of 2022 and is designed to meet the market's infrastructure demands, including a reliable electricity supply.

While it is widely known that Queretaro is a rising market and one of the top ten national economies receiving foreign direct investment, the region also faces challenges related to its electrical infrastructure. Local authorities estimate a 70% increase in electricity demand in Queretaro over the next nine years, reaching 2032. This situation has led many industrial warehouse developers to proactively address the issue by incorporating electric generators into their properties, especially considering that 60% of energy demand in Queretaro comes from the industrial segment.

For example, Vesta Park Queretaro VPQ 05 features an electrical substation operated by VESTA, a leading industrial real estate company. This substation can generate 30 megavolt-amperes (MVAs) and potentially increase its production to 170 MVAs. In other words, the industrial warehouses in Vesta Park Queretaro have a guaranteed electricity supply.

According to information from SiiLA SPOT, the largest and most comprehensive database of commercial real estate properties for lease and sale, warehouse 5 in Vesta Park Queretaro also stands out for its strategic location. It is close to Highway 57 and Queretaro Airport, making it an ideal choice for companies across various industries, including manufacturing, logistics, and distribution. This aspect is crucial considering that nearly 52% of Queretaro's industrial market's gross leasable area (GLA) is occupied by companies in the vehicle and parts, capital goods, electronics, transportation, and logistics sectors. For these companies, having access to communication infrastructure is essential for reaching other markets.

Vesta Park Queretaro VPQ 05 is an excellent option for those seeking a Class A property with all the essential requirements of a high-quality industrial facility. It offers fire suppression systems, 24/7 private security, truck yards, steel and concrete construction, loading docks, and parking. For more detailed information about the characteristics and availability of this and other industrial and office properties, visit SiiLA SPOT or email us at spot@siila.com.mx.