The City of Contagem has Solidified its Position as a Key Logistics Hub in Minas Gerais

As one of the main municipalities in RMBH, Contagem continues to establish itself as a strategic logistics and industrial hub in the state. According to IBGE Cidades, the city boasts a per capita GDP of R$ 54,136 and ranks as the sixth largest municipality in its immediate geographic region, the third most populous in the state, and the 33rd in Brazil.

Tenant demand for properties in the area is reflected in market figures. Recent data from SiiLA shows that Contagem's vacancy rate is just 9.9%, lower than the RMBH average of 13%. In the third quarter, the city recorded a net absorption of 49,900 m².  

André Rezende, a partner at BTS, highlights Contagem's geographically advantageous position as one of its main draws. “Being strategically located at the center of RMBH allows for fast and efficient distribution across all regions, and the area also benefits from a large labor force in its surroundings,” Rezende explains.  

In 2024, major players like Mercado Livre, PepsiCo, Shopee, Magazine Luiza, and Supermercados BH joined the list of significant tenants operating in the region. Supermercados BH, for example, moved its operations to a complex in Contagem with over 150 thousand m² of built area. 

The CLCT Quintas, a joint development by Grupo Sindi Investimentos and BTS, stands out as one of the most modern industrial properties in Minas Gerais and the only one in the region with LEED Gold certification.  

“Companies like Mercado Livre, Vale, and PepsiCo have chosen CLCT Quintas to house their operations in the region, with over 60% of its space pre-leased before delivery,” says Karla Resende, director at Sindi Investimentos.  

Part of the portfolio of the Quintas Real Estate Investment Fund, managed by Hieron, the development offers cutting-edge features such as a 6 t/m² floor load capacity, 12-meter clear height, and a J4 fire safety system. It also emphasizes energy efficiency and includes comprehensive infrastructure.. 

The drop in vacancy rates reflects the growth and sophistication of RMBH’s industrial properties market. Reinaldo Lacerda, a partner at Hieron Patrimônio Familiar e Investimento, believes the region is establishing itself as one of the country’s leading logistics hubs, rivaling traditional markets.  

“The logistics market in Minas Gerais has evolved significantly, with tenants seeking new, modern properties that enhance operational efficiency while prioritizing employee and service provider well-being,” Lacerda notes.  

In addition to its strategic position between São Paulo, Rio de Janeiro, the Midwest, and the Northeast, Lacerda emphasizes that local infrastructure investments, such as the CLCT Quintas, are transforming the state. He predicts that Contagem, with its technical advantages, will continue to attract more companies, especially given the potential changes brought by Brazil’s tax reform.