Data from SiiLA reveals that the state of São Paulo possesses 13 million square meters of industrial stock, making it the largest market in Brazil. In the last quarter alone, over 411,000 square meters of new stock were delivered, with gross absorption exceeding 684,000 square meters, while net absorption reached 394,000 square meters.

 "Being at the economic heart of Brazil, São Paulo hosts numerous companies focused on the 'last mile' of logistics. This includes direct distribution to end consumers in the city, meeting local demand with a lead time of one day or less," comments Gavazza.

However, developing a warehouse within the city remains a challenge for developers. "São Paulo is a densely populated city with few viable land options for the development of a logistics center. The high cost per square meter of land in the central areas of the city, combined with legislation requiring countermeasures and significant investments by the developer, ends up burdening the cost of the lease to be charged to the occupant, often making this type of development unfeasible," the executive reports. 

Regions within a 30 km radius of the capital offer good options for companies seeking efficiency with location and easy access to the city. "Guarulhos stands out in the middle stage of the supply chain between distribution and the final stretch to the end consumer (middle mile), with the significant addition of being a crucial point for air cargo transport. Guarulhos Airport is an important logistics hub, also serving operations for the distribution centers of retailers, automotive and pharmaceutical industries, among others, as well as the fulfillment centers of e-commerce companies. Cajamar, in turn, is frequently chosen by retail, consumer goods, and e-commerce companies," he concludes.