The average asking rent for a square meter of industrial real state varied among Latin American cities. San Jose, Costa Rica, was the most expensive city in 2022, with a monthly asking rate of 8.15 U.S. dollars per square meter. Tijuana, Mexico, which was one of the LATAM markets with the lowest vacancy rate, fetched the second-highest rent at eight percent.
Average monthly asking rent for industrial and logistics real estate in Latin America (LATAM) in 2nd half 2022, by market
(in U.S. dollars per square meter)
Characteristic
Asking rent in U.S. dollars per square meter
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Newmark. (March 10, 2023). Average monthly asking rent for industrial and logistics real estate in Latin America (LATAM) in 2nd half 2022, by market (in U.S. dollars per square meter) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1380886/industrial-and-logistics-rent-latam-by-market/
Newmark. "Average monthly asking rent for industrial and logistics real estate in Latin America (LATAM) in 2nd half 2022, by market (in U.S. dollars per square meter) ." Chart. March 10, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1380886/industrial-and-logistics-rent-latam-by-market/
Newmark. (2023). Average monthly asking rent for industrial and logistics real estate in Latin America (LATAM) in 2nd half 2022, by market (in U.S. dollars per square meter) . Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1380886/industrial-and-logistics-rent-latam-by-market/
Newmark. "Average Monthly Asking Rent for Industrial and Logistics Real Estate in Latin America (Latam) in 2nd Half 2022, by Market (in U.S. Dollars per Square Meter) ." Statista, Statista Inc., 10 Mar 2023, https://www.statista.com/statistics/1380886/industrial-and-logistics-rent-latam-by-market/
Newmark, Average monthly asking rent for industrial and logistics real estate in Latin America (LATAM) in 2nd half 2022, by market (in U.S. dollars per square meter) Statista, https://www.statista.com/statistics/1380886/industrial-and-logistics-rent-latam-by-market/ (last visited July 03, 2024)
Average monthly asking rent for industrial and logistics real estate in Latin America (LATAM) in 2nd half 2022, by market (in U.S. dollars per square meter) [Graph], Newmark, March 10, 2023. [Online]. Available: https://www.statista.com/statistics/1380886/industrial-and-logistics-rent-latam-by-market/