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Rio Claro Logistics and Industrial Center delivers expansion and attracts new tenants

  • The occupant profile mainly comprises electronics companies, followed by the vehicle, parts, and electric energy sectors.
Rio Claro Logistics and Industrial Center
Rio Claro Logistics and Industrial Center
By: SiiLA News
09/20/2022
Exclusive SiiLA content

With over 275 thousand sq meters of industrial properties, the region of Piracicaba is monitored by SiiLA Market Analytics platform. As of the closing of Q2 2022 data, the occupancy rate in the area was over 76%.

The occupant profile mainly comprises electronics companies, followed by the vehicle, parts, and electric energy sectors. They are tenants with a different profile when we look at tenants in the State of São Paulo, where transport and logistics, retail, and e-commerce players predominate.

One of the main developments in the region is the Centro Logístico e Industrial Rio Claro, which offers an area available for lease at SiiLA SPOT and has just completed an expansion project. We have interviewed Belmir Menegatti, president of the Rio Claro Logistic and Industrial Center, to talk about the region's logistical and industrial development.

Recently, the project gained over 13 thousand sq meters of Gross Leasable Area (GLA), making the Rio Claro Logistic and Industrial Center now have a total of 80 thousand sq meters in GLA. According to Menegatti, there are plans for another expansion and a new project. "We already have projects approved to build another 30,000 sq meters, and we recently bought another area next to the Logistic Center and opposite the Rumo Logística railroad, where a Dry Port should be implemented," he said.

According to the company's president, demand is heated in the region. "In recent years, the annual average vacancy rate for the warehouses has been below 5%". Multinationals such as Whirpool, Nestlé, Purina, and the GPS group (outsourced services company) are among the asset tenants. Menegatti revealed that the company is also preparing to get one of the world leaders in agribusiness.

During the interview, Menegatti talked about the company's commitment to the region, especially in the municipality of Rio Claro. "It was very daring to build the center. We strongly believe that the region could have a company the size of ours," he said. According to the executive, there are still no plans to explore other regions: "Our objective is to do very well what we have here until the local areas are exhausted".

Classified as an A+ logistics warehouse by the SiiLA platform, the Rio Claro Logistic and Industrial Center was delivered in 2003. The executive recalled how it all started: "The first land we bought here was in 2002, a small area of 15 thousand sq meters and today we have 240 thousand sq meters of land, in a well-located area. We are at the junction of the main highways, and Rio Claro is in the center of the State of São Paulo, surrounded by highways such as Bandeirantes, Anhanguera, and Washington Luís".

The executive highlighted security as one of the asset's most vital points. "We stopped increasing the built area to privilege customers from a logistical point of view. We have an area for more than 100 trucks and 400 cars inside the condominium. We have just tripled the size of our entrance hall, and we have a locker room system that sets us apart from other centers. Employees of the companies enter first through the locker room and then through the other accesses. We have interview rooms installed in the concierge so companies can interview candidates without having to show their operation," he said.

There are still 8,000 sq meters of preserved forest on the site. According to Menegatti, there are plans to install walking paths and benches so that the place can serve as a rest area after lunch.

Do you want to learn more about logistics condominiums and understand the market monitoring carried out by SiiLA? Click here.

Check more details of the property and check availability at SiiLA SPOT.

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Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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