La Laguna registers an increase of more than 7% in the industrial real estate market at the end of 2020
Durango
By Redacción
The Metropolitan Area of “La Laguna” currently has 26 developed industrial zones and at the end of 2020, its industrial inventory of Class “A” and “B” buildings totaled 1.47 million square meters .
It is worth highlighting the 'Class A' real estate complexes was 13% , while the 'Class B' buildings comprised a total percentage of 87%, covering this region that is made up of four metropolitan cities between the states of Coahuila and Durango : Gómez Palacio (24%), Lerdo (4%), Torreón (67%) and Matamoros (5%).
Roberto Cepeda, director of real estate at Colliers , stated that at the end of 2019 the industrial inventory in Laguna was 1,372,213 square meters .
Likewise, in 2020 eight new buildings entered the market, totaling 55,413 m2 for 'Class A' and 45,333 for 'Class B', giving a total of 100,746 m2 , which represents a growth of 7.33% compared to 2019.
It should be noted that all the new buildings completed in 2020 were absorbed during the same period.
Currently, the industrial real estate market of La Laguna does not have vacant 'Class A' buildings and has 37,000 square meters available in 'Class B' buildings; therefore, the vacancy rate at the end of 2020 was 2.5 percent.
In addition, the construction of eight new buildings began that will add more than 70,000 square meters to the inventory in 2021 , among which are two speculative 'Class A' that total more than 24,000 square meters .
The gross absorption rate registered in 2020 is: 7.6%. The submarket with the highest absorption was Gómez Palacio with a total of 63,158 m2, followed by Torreón with a total of 51,346 m2. The largest transaction was that of Milwaukee Tools in the Global Industrial Park with 26,016 m2 in Torreón. Other companies with relevant transactions were: ATR Automotive, IRVIN Automotive, ZF Automotive and Afagomma.
"The arrival of more investment is expected in 2021 because the region has great competitive advantages such as the availability of labor and strategic geographic location, since it connects with the main roads and railways of the country," he concluded.
