Inventory of industrial and logistics real estate in Brazil 2024, by market
São Paulo is Brazil's largest industrial and logistics real estate market, with more than half of the country's 20 million square meters of inventory. In the first quarter of 2024, São Paulo had about 13 million square meters of industrial and logistics space. Meanwhile, Minas Gerais, the third state in the ranking, had under 2.2 million square meters of inventory and the highest average asking rent.