The data indicates that the closer a location is to the city, the higher the values of the asking price per square meter, coupled with a lower vacancy rate.

"The law of supply and demand is unequivocal; the highest demand is within a 30-kilometer radius, with a vacancy rate below 10% and the highest prices. The price differential between areas within 30 km and those beyond 90 km is R$ 10/m². Companies seek well-located premises to enhance efficiency in their logistical operations," analyzes Giancarlo Nicastro, CEO of SiiLA.

In the immediate vicinity of São Paulo, within a 30 km radius, logistic condominiums command an average asking price of R$ 30.01/m², with a vacancy rate of 9.10%. Slightly farther out, within the 30 to 60 km radius, the asking price is R$ 23.13/m², with a vacancy rate hovering around 10%. Within the 60 to 90 km radius, this value drops to R$ 21.97/m², while the vacancy rate remains stable at 10%. Beyond 90 km, the price reaches R$ 20.01/m², with the vacancy rate already rising to 15%.

The quantity of industrial assets follows a similar pattern to the asking price. Throughout the state, the total industrial inventory is 11 million square meters of Gross Leasable Area (GLA). Within a 30 km radius, the total inventory is 4.1 million sqm.

Interestingly, between the radii of 30 and 60 km, the concentration of industrial properties is higher than in the circle closest to the city, reaching 4.9 million sqm. Between 60 and 90 km from the capital, there is a significant drop in the quantity of industrial assets, with only 953,000 sqm in this circle. Beyond 90 km, the number increases to 1.2 million sqm.

Within a 30 km radius, high-end assets can be found, such as GLP Guarulhos II, an A+ with 496,000 sqm of GLA, housing companies like Shein, Mercado Livre, and MagaLu. Another highlight is BTLG Mauá, with 81,000 sqm, hosting Petz, Braskem, Mercado Livre, among others.

In a recent interview published on REsource, André Gavazza, the Development Director of GLP, highlighted the significance of proximity to the capital. "GLP's primary focus is on developing in areas situated within the country's key logistics markets, close to major highways, ensuring convenient access to major consumer centers and hubs for goods distribution. Our primary ventures are located within a 30 km radius of São Paulo and in Rio de Janeiro," disclosed the executive.

BRPR Cajamar is an example of an industrial properties situated 30-60 km from the capital, an A+ with 148,000 sqm distributed across three warehouses, housing companies like the packaging manufacturer Antilhas.

In the 60 to 90 km range, HGLG Itupeva stands out, divided into two blocks of 59,000 sqm and 89,000 sqm, hosting companies in the road transport and automotive industry, such as Mercedes-Benz.

Above 90 km from the capital, the noteworthy ventures include G1 Viracopos by Bresco, with 25,000 sqm and scheduled expansion. We also find GR Campinas 2, with 36,000 sqm, both in Campinas and classified as A+.