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O'Donnell is to benefit from the e-commerce boom
- The growth of e-commerce has led to increased demand for industrial spaces.
- Companies are seeking central locations to streamline product distribution.
By: SiiLA News
08/07/2020 The Covid-19 pandemic has had a significant impact on how businesses operate, particularly in the retail sector. In Mexico, this impact has led to a rapid growth in online sales, which have increased by 50% this year. In light of this trend, O'Donnell Capital Management, a company specializing in the development and leasing of industrial properties, is well-positioned to capitalize on the potential growth offered by the e-commerce business in Mexico's industrial real estate sector.
The growing demand for distribution and storage spaces has created a need for strategically located properties that can streamline and optimize the supply chain. O'Donnell emphasizes the importance of offering industrial real estate spaces in central and convenient locations to facilitate the distribution of products and goods. According to the company's CEO, for every $1 billion in sales, there is an additional demand for 120,000 square meters of industrial real estate.
Despite the uncertainties caused by the pandemic, O'Donnell notes that the demand in the industrial real estate sector remains solid, comparable to the previous year, along with stable rental prices. While specific figures were not provided, this indicates that the industrial real estate market continues to be attractive and offers investment opportunities in the current environment. The company is well-prepared to seize this demand and contribute to the growth and development of the sector by providing tailored real estate solutions to meet the evolving needs of businesses in the e-commerce landscape.
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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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