As of Q3 2020 Gross Absorption reached 3.8 Million Sq. ft., 86% higher than January –September 2019 figure.
- 2020 has been a record year in construction activity of industrial spaces in Guadalajara, this quarter the indicator closed at 4.05 million sq. ft.
- Driven by completions, vacancy rate in Q3 2020 was 5.1%, which represents 1.86 million sq. ft. vacant.
- Owing to the exchange rate and supply in local currency, the asking price in Q3 2020 was $4.96 US/sq. ft./year, which is slightly lower than the $5.11 reported in Q3 2019.