Tijuana, Mexico, was the industrial and logistics real estate market with the lowest vacancy rate in the Latin American region in 2023. In that year, about 0.4 percent of Guadalajara's inventory was vacant. Rio de Janeiro and Sao Paulo, Brazil were at the other end of the scale, with vacancy rates exceeding 10 percent. San Jose, Costa Rica - the most expensive among the ranked markets - had a vacancy rate of 4.9 percent.
Vacancy rate of industrial and logistics real estate in Latin American (LATAM) region in 2nd half 2022 and 2nd half 2023, by market
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Newmark. (March 15, 2024). Vacancy rate of industrial and logistics real estate in Latin American (LATAM) region in 2nd half 2022 and 2nd half 2023, by market [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1380910/industrial-real-estate-vacancy-latam-by-market/
Newmark. "Vacancy rate of industrial and logistics real estate in Latin American (LATAM) region in 2nd half 2022 and 2nd half 2023, by market." Chart. March 15, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1380910/industrial-real-estate-vacancy-latam-by-market/
Newmark. (2024). Vacancy rate of industrial and logistics real estate in Latin American (LATAM) region in 2nd half 2022 and 2nd half 2023, by market. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1380910/industrial-real-estate-vacancy-latam-by-market/
Newmark. "Vacancy Rate of Industrial and Logistics Real Estate in Latin American (Latam) Region in 2nd Half 2022 and 2nd Half 2023, by Market." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/1380910/industrial-real-estate-vacancy-latam-by-market/
Newmark, Vacancy rate of industrial and logistics real estate in Latin American (LATAM) region in 2nd half 2022 and 2nd half 2023, by market Statista, https://www.statista.com/statistics/1380910/industrial-real-estate-vacancy-latam-by-market/ (last visited October 30, 2024)
Vacancy rate of industrial and logistics real estate in Latin American (LATAM) region in 2nd half 2022 and 2nd half 2023, by market [Graph], Newmark, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/1380910/industrial-real-estate-vacancy-latam-by-market/