Belford Roxo/Nova Iguaçu recorded 73,000 m² in net absorption, with ID Logistics occupying 30,600 m² at Distribution Park Dutra. The area’s vacancy rate dropped from 21.8% to 14%.

In Duque de Caxias, net absorption reached 45,000 m², reducing vacancy from 8.1% to 3.5%. Key lease transactions included Ziranlog, which took 28,000 m² at GLP Duque de Caxias, and Braskem, which leased 14,300 m² at Golgi Duque de Caxias.

In Extrema, Minas Gerais, net absorption totaled 106,000 m² — nearly as much as the entire state of São Paulo. The local vacancy rate fell to 3.8%, down from 12.1% in the previous quarter. Multiple companies contributed to this growth, including GoCase, Lisa Logística, and Luft Brasil. Key transactions included 35,000 m² at City Gate Itapeva and 55,500 m² at Parque Logístico Extrema.

In Greater Belo Horizonte, net absorption reached 73,000 m², 50,100 m² of which were leased by ID Logistics — the same company that signed a large deal in Rio — at BRZ040 Logistics Park.

São Paulo saw a slight uptick in vacancy, rising from 8.3% to 8.5%, mainly due to Ribeirão Preto, which jumped from 1.4% to 12.1%. Despite posting a positive net absorption of 30,700 m², the region was impacted by the delivery of 48,000 m² at Log Ribeirão Preto. The property did secure leases from Shopee, Amazon, Ativa Logística, and Patrus Transportes.

Few regions experienced sharp increases in vacancy. In Canoas, for example, vacancy hit 100% after the sole asset in the city — Bresco Canoas — was fully vacated.

In Pernambuco, Ipojuca’s vacancy rose from 31.7% to 44.7% following the exit of Supporte Logística from Parque Logístico Pernambuco. In Jaboatão dos Guararapes, vacancy increased from 9.8% to 19.1%, driven by the delivery of a new project, Syslog Recife.