Discover which industrial properties will be delivered in the first quarter of 2024
- These developments are of high standard and are located in São Paulo, Minas Gerais, and Rio Grande do Sul
Data from Market Analytics, SiiLA's data analysis platform, reveals that over 2.8 million square meters of industrial area are expected in 2024. In the first quarter alone, the delivery of 901 thousand square meters of industrial developments is projected, with a total of 22 assets scheduled for inauguration by March of this year.
The mapping indicates that these developments are of classes A+, A, and B, and are located in the states of São Paulo, Minas Gerais, and Rio Grande do Sul. The assets range from entirely new complexes to expansions of existing industrial properties.
São Paulo
In the state of São Paulo, there are 16 developments planned for this year, distributed in the cities of Guarulhos, Embu das Artes, Campinas, Barueri, Cajamar, and Piracicaba. Including the largest development to be delivered this quarter.
With 131 thousand square meters, the GLP Bandeirantes leads the list of the largest developments to be delivered in the first quarter of 2024. The A+ development will have a 12-meter clear height, a floor load of 6t/m², 206 docks, and will present an efficiency of 96%.
The second largest is the second phase of Cy.Log Guarulhos with 110 thousand square meters of Gross Leasable Area (GLA), located in the Guarulhos region. The asset is an A+ class and when completed will have 133 docks, and will be 27 km away from the Centre of São Paulo city.
Minas Gerais
In Minas Gerais, four more industrial developments are planned, and they are located in Extrema and the metropolitan region of Belo Horizonte. The largest of the four assets is CLCT 1 Quintas, with 79 thousand square meters of GLA, and in second place is the BRZ040 Logistics Park with an GLA of 67 thousand square meters, being the only A+ class assets in Minas Gerais for the first quarter.
The other two assets are expansions, one of them is the expansion of Logixx Contagem, with an GLA of 7 thousand square meters. The other is the second phase of XP Exeter Extrema, with only 16 thousand square meters of ABL, belonging to XP Log and XP Exeter.
Rio Grande do Sul
Rio Grande do Sul will be the only state in the Southern region of Brazil to receive a new industrial asset in the first quarter of 2024. Located in the city of Nova Santa Rita, the 3SB Logistics Park will add 13 thousand square meters of GLA to the region's inventory. The A-class asset belongs to Salvadori Incorporações.
