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Logistics centres: why are there more and more of them and which are the most popular areas for their installation? - Infobae
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www.infobae.com
November 02, 2024
Occupancy in premium warehouses remains at 90%. What do companies need, how much are average rents and what characteristics should a property have to attract demand?
By Jose Luis Cieri
There is intense activity in storage and distribution. Premium warehouses have a high occupancy rate and demand remains active to rent them.
The districts of Campana, Zárate, Pilar and Luján are positioned as the epicenters of logistics in Buenos Aires. The growing demand for storage and distribution spaces has turned these areas into the preferred destinations for e-commerce companies and large corporations, driven by their strategic location and land connectivity.
The rise of e-commerce and purchases via digital platforms has led to an increase in home deliveries (also known as Last Mile, which includes the entire process from when the user places the order and receives the package at home) and has led to an accelerated demand for square meters dedicated to logistics centers.
Today's companies need to respond to growing consumer demand, and to do so, they require larger and strategically located storage spaces. More and more companies are looking for areas that allow them not only to store products, but also to streamline their distribution process.
In this context, the logistics real estate market experienced considerable growth, with a sustained expansion in the construction of new storage and distribution centers. More than 50 complexes are estimated to be under construction in various parts of Greater Buenos Aires and the province of Buenos Aires.
A report by Cushman & Wakefield revealed that the most active submarket was the San Eduardo Triangle in the northern part of the GBA, followed by the southern and western areas. “Among the most sought-after areas for the installation of logistics centers are Campana, Zárate, the Pilar Industrial Park and Luján. These locations are strategically located near important transportation arteries, which facilitates the distribution of goods. In addition, they offer large tracts of land at competitive costs compared to more urbanized areas,” Gabriel García , Director of Operations at Celsur Logística, told Infobae.
Being located in strategic areas improves efficiency, reduces costs and speeds up deliveries. It also facilitates flexibility in the event of unforeseen events.
García added: “The logistics market will continue to expand towards peripheral areas, with Zárate as a focus due to its available land and good connectivity. Demand for strategic locations will increase, prioritizing cost, infrastructure and access.”
According to Alejandro Simonetti , manager of the industrial and logistics real estate division of Toribio Achával, the sale prices for land for warehouses in these areas range between USD 600 and 1,200 per square meter. Areas such as Zárate and Campana, although more accessible, are also booming with prices around USD 450 per m2. The most important thing is the location, not only the zoning, but also the speed of arrival, which explains why the new park on Buen Ayre (connection between the north and west of the GBA) and the Panamericana is sold at USD 230 per m2.
Large maneuvering areas are key for trucks to be able to work at a good pace and meet the demand of companies and users who have expanded their purchase of items via electronic commerce.
“Expense costs are a logical issue for the proper maintenance of industrial parks, and the increase in charges such as ABL or ARBA rates makes new logistics centres, which concentrate various activities, more attractive. This, added to cost optimisation and improved security, led to a greater demand for warehouses in strategic areas,” Simonetti added.
Furthermore, the sectors that most require these spaces are logistics and SMEs, who are looking for warehouses to store and distribute products.
However, Simonetti also highlighted that rental investors find this market a great opportunity, due to the high rental values. “Security, speed and variety of access make these places more attractive. Developments in Zárate, with warehouses of 1,100 m2 covered, are rented in blocks at prices of USD 4.30 per m2.”
Rental prices in areas such as the San Eduardo Triangle range from USD 6.50 to 8 per m2, while in Tigre they fluctuate between USD 6.30 and 7.50 dollars.
In Zárate there is a large presence of logistics warehouses, even near the Toyota plant
Currently, 161,026 m2 of new logistics centers are being built, concentrated mainly in the northern area. This includes 70,026 m2 on Route 9 (Escobar-Campana-Zárate), 50,000 m2 on Route 8 (Pilar), and 33,000 m2 in the San Eduardo Triangle. Part of these projects are expected to be completed between the end of the year and early 2025.
Agustín Weiss , president of the Argentine Industrial Logistics Real Estate Council (CIALI), said that “one of the most sought-after properties in the current industrial and logistics market are warehouses for last-mile supply. These warehouses, located in corridors close to CABA, are key for companies seeking to optimize their distribution, prioritizing locations in sectors with security and services, such as SME parks.”
The most popular types of tanks in these parks include features such as 8 to 10 meters of free height, wide entrance gates, thermal and fireproof insulation, and a fire network with hydrants or sprinklers, according to municipal requirements.
“In addition, the truck parking areas and vehicle parking spaces are highly valued, which facilitate daily logistics,” Weiss concluded.
www.buysellba.com
Source:
Centros logísticos: ¿por qué hay cada vez más y cuáles son las zonas más demandadas para instalarlos?
La ocupación en los depósitos premium se mantiene en un 90%. Qué necesitan las empresas, cuánto valen los alquileres promedio y qué características debe tener un inmueble para atraer la demanda
www.infobae.com
November 02, 2024
Occupancy in premium warehouses remains at 90%. What do companies need, how much are average rents and what characteristics should a property have to attract demand?
By Jose Luis Cieri
There is intense activity in storage and distribution. Premium warehouses have a high occupancy rate and demand remains active to rent them.
The districts of Campana, Zárate, Pilar and Luján are positioned as the epicenters of logistics in Buenos Aires. The growing demand for storage and distribution spaces has turned these areas into the preferred destinations for e-commerce companies and large corporations, driven by their strategic location and land connectivity.
The rise of e-commerce and purchases via digital platforms has led to an increase in home deliveries (also known as Last Mile, which includes the entire process from when the user places the order and receives the package at home) and has led to an accelerated demand for square meters dedicated to logistics centers.
Today's companies need to respond to growing consumer demand, and to do so, they require larger and strategically located storage spaces. More and more companies are looking for areas that allow them not only to store products, but also to streamline their distribution process.
In this context, the logistics real estate market experienced considerable growth, with a sustained expansion in the construction of new storage and distribution centers. More than 50 complexes are estimated to be under construction in various parts of Greater Buenos Aires and the province of Buenos Aires.
A report by Cushman & Wakefield revealed that the most active submarket was the San Eduardo Triangle in the northern part of the GBA, followed by the southern and western areas. “Among the most sought-after areas for the installation of logistics centers are Campana, Zárate, the Pilar Industrial Park and Luján. These locations are strategically located near important transportation arteries, which facilitates the distribution of goods. In addition, they offer large tracts of land at competitive costs compared to more urbanized areas,” Gabriel García , Director of Operations at Celsur Logística, told Infobae.
Being located in strategic areas improves efficiency, reduces costs and speeds up deliveries. It also facilitates flexibility in the event of unforeseen events.
García added: “The logistics market will continue to expand towards peripheral areas, with Zárate as a focus due to its available land and good connectivity. Demand for strategic locations will increase, prioritizing cost, infrastructure and access.”
Market
The market for logistics centers and warehouses in key areas such as Tortuguitas, Tigre and the San Eduardo Triangle is experiencing high demand for rentals.According to Alejandro Simonetti , manager of the industrial and logistics real estate division of Toribio Achával, the sale prices for land for warehouses in these areas range between USD 600 and 1,200 per square meter. Areas such as Zárate and Campana, although more accessible, are also booming with prices around USD 450 per m2. The most important thing is the location, not only the zoning, but also the speed of arrival, which explains why the new park on Buen Ayre (connection between the north and west of the GBA) and the Panamericana is sold at USD 230 per m2.
Large maneuvering areas are key for trucks to be able to work at a good pace and meet the demand of companies and users who have expanded their purchase of items via electronic commerce.
“Expense costs are a logical issue for the proper maintenance of industrial parks, and the increase in charges such as ABL or ARBA rates makes new logistics centres, which concentrate various activities, more attractive. This, added to cost optimisation and improved security, led to a greater demand for warehouses in strategic areas,” Simonetti added.
Furthermore, the sectors that most require these spaces are logistics and SMEs, who are looking for warehouses to store and distribute products.
However, Simonetti also highlighted that rental investors find this market a great opportunity, due to the high rental values. “Security, speed and variety of access make these places more attractive. Developments in Zárate, with warehouses of 1,100 m2 covered, are rented in blocks at prices of USD 4.30 per m2.”
Rental prices in areas such as the San Eduardo Triangle range from USD 6.50 to 8 per m2, while in Tigre they fluctuate between USD 6.30 and 7.50 dollars.
Expansion factors
According to Cushman & Wakefield, the logistics market continues to consolidate the synergy between retail companies and logistics operators, allowing companies to delegate supply chain management to specialists and focus on their core business.
In Zárate there is a large presence of logistics warehouses, even near the Toyota plant
Currently, 161,026 m2 of new logistics centers are being built, concentrated mainly in the northern area. This includes 70,026 m2 on Route 9 (Escobar-Campana-Zárate), 50,000 m2 on Route 8 (Pilar), and 33,000 m2 in the San Eduardo Triangle. Part of these projects are expected to be completed between the end of the year and early 2025.
Agustín Weiss , president of the Argentine Industrial Logistics Real Estate Council (CIALI), said that “one of the most sought-after properties in the current industrial and logistics market are warehouses for last-mile supply. These warehouses, located in corridors close to CABA, are key for companies seeking to optimize their distribution, prioritizing locations in sectors with security and services, such as SME parks.”
The most popular types of tanks in these parks include features such as 8 to 10 meters of free height, wide entrance gates, thermal and fireproof insulation, and a fire network with hydrants or sprinklers, according to municipal requirements.
“In addition, the truck parking areas and vehicle parking spaces are highly valued, which facilitate daily logistics,” Weiss concluded.
www.buysellba.com
