Mexico City had the most industrial and logistics real estate space among select Latin American cities in 2022. About 13.6 million square meters of industrial property could be found in Mexico City, compared to 1.57 million square meters in Panama City. Despite having some of the largest inventories, the Mexican cities Monterrey, Tijuana, and Guadalajara led the ranking as the markets with the lowest vacancy rates.
Volume of industrial and logistics real estate space in Latin America (LATAM) in 2022, by market
(in million square meters)
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Total inventory in million square meters
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Newmark. (March 10, 2023). Volume of industrial and logistics real estate space in Latin America (LATAM) in 2022, by market (in million square meters) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1380930/industrial-leasing-space-latam-by-city/
Newmark. "Volume of industrial and logistics real estate space in Latin America (LATAM) in 2022, by market (in million square meters)." Chart. March 10, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1380930/industrial-leasing-space-latam-by-city/
Newmark. (2023). Volume of industrial and logistics real estate space in Latin America (LATAM) in 2022, by market (in million square meters). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1380930/industrial-leasing-space-latam-by-city/
Newmark. "Volume of Industrial and Logistics Real Estate Space in Latin America (Latam) in 2022, by Market (in Million Square Meters)." Statista, Statista Inc., 10 Mar 2023, https://www.statista.com/statistics/1380930/industrial-leasing-space-latam-by-city/
Newmark, Volume of industrial and logistics real estate space in Latin America (LATAM) in 2022, by market (in million square meters) Statista, https://www.statista.com/statistics/1380930/industrial-leasing-space-latam-by-city/ (last visited June 18, 2024)
Volume of industrial and logistics real estate space in Latin America (LATAM) in 2022, by market (in million square meters) [Graph], Newmark, March 10, 2023. [Online]. Available: https://www.statista.com/statistics/1380930/industrial-leasing-space-latam-by-city/