Despite the commercial uncertainty framed by tariffs, the industrial real estate market in Guadalajara, Jalisco, showed solid growth in the first quarter of 2025 (1Q25), with a gross absorption of 83 thousand square meters (m²) , which meant an increase of 11% compared to the same period last year, according to the MarketView City of Guadalajara industrial sector report , carried out by the consulting firm CBRE Mexico .
According to the analysis, the Class A space inventory reached 5.17 million m² , representing a 10.2% annual increase over the reference period; more than 143,000 new m² were added to the market at the beginning of the year.
In 1Q25, there was a significant push in the construction of industrial spaces, highlighting the El Salto submarket, which reached 168 thousand m² under construction, of which 20 thousand m² began construction during the period .
Likewise, El Salto accounted for 88% of the new industrial supply in Guadalajara, with 127,600 m² added, while the remainder was distributed between Periférico Sur and Acatlán, with 4,000 m² each. Additionally, 32,000 m² are in the pipeline.
The vacancy rate stood at 3.4% , or 174,000 square meters available, driven by the addition of 80,000 square meters of vacancy and the vacancy of 23,500 square meters. Despite the growth, vacancy remains below 2019 levels, CBRE emphasized.
At the close of 1Q25, 50,700 m² of new demand were recorded in Guadalajara, exceeding the first quarter of 2024 by 12,200 m².
According to the report, industry diversification in terms of gross uptake or marketed space was primarily comprised of the automotive, technology, retail , logistics outsourcing, and agricultural sectors.
This dynamism stemmed from the investment that has come to Jalisco. According to the Ministry of Economy , in the first quarter of 2025, this state attracted $606.8 million in foreign direct investment (FDI).
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