Cajamar Sees a Drop in Industrial Properties Vacancy Rate in 2Q23; Learn More About the Region

The Southeast Region of Brazil, composed of the states of São Paulo, Espírito Santo, Rio de Janeiro, and Minas Gerais, is widely recognized as the central logistics hub of the country, housing over 18 million square meters of industrial properties. Alone, the Southeast Region accounts for 76% of the stock of class A+, A, and B logistics assets in the country.

In this context, one of the key players responsible for these impressive numbers is the municipality of Cajamar, located in the metropolitan region of São Paulo, which has long been standing out as a strategic hub for warehouses. The region has attracted significant players in the e-commerce and transportation sectors, such as Mercado Livre, Luft Logistics and Amazon. It's no wonder that the E-commerce sector is the main tenant of this type of property in Cajamar region.

The strategic location of Cajamar, close to the country's main access routes, is one of the primary attractions for tenants, making it a strategic choice for companies seeking efficiency in distribution and transportation of goods, as well as proximity to consumer centers. Moreover, the city has experienced constant growth with the continuous emergence of new logistics developments, further boosting the development of this area.

Later this year, the region will receive the Syslog Cajamar, which will add over 188,000 square meters of gross leasable area to Cajamar's stock. Real estate giant HSI is behind this development, which is expected to be classified as a high standard property.

Among the major tenants present in the region, in addition to the ones mentioned above, prominent names like Marabraz and B2W stand out. Currently, the Market Analytics platform from SiiLA monitors 20 industrial properties in Cajamar, totaling over 2.6 million square meters. By the end of 2Q23, the region reached a vacancy rate of only 9.7%, highlighting the strong interest from investors, occupants, and the overall stability of this market.

Among the main real estate assets in Cajamar are the Centro Logístico Cajamar – CCL (A+), GLP Cajamar (A+), and others.

If you wish to access more information about the commercial real estate market in Cajamar and other regions, explore the coverage of Market Analytics, the leading real estate intelligence platform for Latin America, offering the most comprehensive and accurate database of industrial properties, offices, and malls in Brazil, Colombia, and Mexico.