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Monterrey, NL. At the close of first half of 2021, the metropolitan area of Monterrey had an industrial inventory of more than 14 million square meters, of this figure 35% of the rental and sale operations corresponded to the logistics and distribution centers; compared to before pandemic when this segment represented only 5%, he commented to The Economist, Vania Magnet Rodriguez, manager Marketing & E-commerce of the company Onest Logistics.
“At Onest Logistics we assess that during 2020 the pandemic boosted the online purchases, which made it necessary to install distribution centers, where the goods could arrive on time to prepare the final delivery, or last mile, this accelerated the demand for industrial spaces for logistics and distribution centers“he explained.
At the end of 2019, logistics stood out as one of the most important sectors, achieving the fifth position with the highest real estate absorption in the country. In particular, Nuevo León was part of the three states that concentrated almost 50% of the net demand of the national market in terms of logistics and manufacturing.
Given the demand of electronic commerce and the activities of logistics companies, the planning and construction of new projects of the industrial real estate sector have increased. Only during the month of August 2021, Monterrey exceeded the demand of 100,000 square meters, which places it as the largest demand nationwide, above the Mexico City Y Guadalajaramentioned the directive.
For its part, Jorge Fabris, director of industrial sector from the real estate services company, Newmark indicated that despite the challenging times brought by the pandemic, the food industry real estate has shown resilience.
“Industrial real estate players have benefited from the boom in different sectors, such as electronic commerce, which had an exponential increase in business generation and volume during 2020. Consequently, companies in the sector have had to make investments to improve its logistics and expand its distribution capabilities, as well as to improve and execute its last-mile delivery projects, thus reconfiguring the supply chain, “he said.
Fabris added that, to face the challenge of the lack of industrial spaces that has been generated in the last two years as a result of the growth of electronic commerce and other sectors, the industrial real estate developers They have implemented various solutions that are satisfying the logistics and distribution needs within the large cities of the country.
For example, the conversion of old industrial and manufacturing buildings from Class B or second generation in industrial condominiums for warehousing and distribution, it has undoubtedly provided more value.
“Older manufacturing plants that were not used in some cases are often located in well-connected sites and are once again beneficial by serving as industrial parks that meet the demand for last-mile distribution projects,” emphasized Jorge Fabris.
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