Piracicaba Continues to See a Drop in Vacancy Rates as Major Corporations Eye the Region for Their Logistics Facilities

Whirlpool and Caterpillar Brasil Stand Out Among Multinational Companies Leasing Space in the region, located in the northwest of São Paulo State.

Centro Logístico Rio Claro, situated in the Piracicaba Region, São Paulo state

By: SiiLA News

08/16/2023

There's no doubt that the real estate landscape of industrial properties in the Piracicaba region, in São Paulo state is undergoing a remarkable transformation. In recent times, the region's development has caught the attention of both investors and industry experts. The region is located 150 km northwest of the capital city of São Paulo, with easy access to the interior of the state.

Data from SiiLA's Market Analytics shows a consistent downward trend in vacancy rates over the past few years, reaching 18.5% by the end of the second quarter of this year (2Q23). Notable among the companies that have recently set up shop in the region's logistics properties are Whirlpool, the multinational household appliance manufacturer, and Caterpillar Brasil, which is engaged in producing machinery and engines such as hydraulic excavators, track-type tractors, and other related items.

SiiLA's platform monitoring reveals that the Piracicaba region encompasses several cities, including Piracicaba itself, Limeira, São Carlos, and Rio Claro. In this area, logistics properties boast an average asking price of R$20.66/m², which is lower than the average in the state of São Paulo, which stood at R$24.03/m² at the end of 2Q 2023.

Available Spaces in the Region

Centro Logístico Rio Claro, situated in the Piracicaba Region, São Paulo state

Piracicaba was among the first areas in the state of São Paulo to industrialize, and over the years, the establishment of industrial properties has become a natural route to cater to the needs of both regional and multinational companies. For those seeking a logistics property, several options are available for lease. One of these options is the Centro Logístico Rio Claro, which provides leaseable space, with details and pricing available on SiiLA SPOT.

About the Property

Located in the municipality of Rio Claro, this high-standard property (Class A+) was completed in the first quarter of 2005 and boasts a Gross Leasable Area (GLA) of 79,500 square meters. The enterprise is presented by the company of the same name, Centro Logístico e Industrial Rio Claro.

Strategically positioned 7 kilometers from the Rodovia dos Bandeirantes, 8 kilometers from the Rodovia Anhanguera, 500 meters from the Rodovia Washington Luís, and 4 kilometers from Rio Claro's city center, the complex is 90 kilometers away from the Viracopos International Cargo Airport. Its attributes include a ceiling height exceeding the standard found in most properties, standing at 14 meters, a floor with a capacity of 7 tons/square meter, and auxiliary amenities such as a reception, a restaurant, and ample parking for both cars and trucks.

In September of last year, the REsource editorial team interviewed Belmir Menegatti, the President of Centro Logístico e Industrial Rio Claro, about the asset's expansion project. Read the full interview for comprehensive insights.

Curious to learn more about the Centro Logístico Rio Claro, and its availability? Visit SiiLA SPOT now and access detailed property information!

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