Villa Nueva, Villa Canales and San Miguel Petapa, are the municipalities in Guatemala that have a high commercial opportunity for new developments of warehouses and industrial parks.
Although the greatest potential for developing new warehouse-office parks in the country is located in the southern municipalities of the metropolitan area, there are also growth opportunities in the El Naranjo sector, in Mixco, and also in the Atlantic exit.
Between January and June the average rental price per square meter requested from warehouses in Panama City dropped from $8.95 to $8.40, due to a slight increase in the supply of available spaces.
According to a report prepared by the CBRE, at the end of the first six months of the year, average rents requested from Class A warehouses decreased slightly from US $8.95 per m² per month, to US $8.40 per m².
Guatemalan businessmen say that the boom in vertical housing is changing the demand for storage services in mini warehouses, which are increasingly sought out by families.
Regarding new trends, the CEO of Mr. Bodeguitas, Federico Rolz, explained to Elperiodico.com.gt that "...The Generation 3 project, located in Las Charcas, zone 11 of the city, is characterized by having buildings with independent alarms, corridors designed for residential users which becomes an extension of the office and the house."
In the last year 69 environmental impact studies were submitted in countries in the region to build industrial warehouses and logistics parks.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions in each country.
In the last four years $80 million has been invested in the installation or expansion of Micro-storage centers, together with recent growth in demand.
Prensa.com reports that "migration of pensioners, both in North America and Europe, and the arrival of more investors to Panama and the small sized apartments and offices, have created the need to build warehouses or Micro-storage centers for goods that are not in use or that people want to keep. "
Main Benefits of using industrial fans:
- Lower the temperature of the Warehouse
- Temperature Energy-saving control
- Avoid Corrosion by maintaining the air circulation
- Electrical System Adaptable to solar panel system
Although investments in this sector in recent years have exceeded $50 million in Panama, there is still unmet demand for storage solutions which are more or less temporary.
Almacenajes Mini-Depósitos, MegaStorage and Galores are some of the companies that provide storage services in Panama, offering solutions ranging from small boxes that are rented for $9.99 a month, to entire floors measuring 100 square meters.
Galores Cold Storage is investing $30 million in building a refrigerated storage facility in east Panama.
The facility will be located in the area of Las Mañanitas, near Tocumen International Airport, and will have capacity for 900 40 foot containers.
Pa-digital.com.pa reports that, "the new center aims to attract 60% of its customers locally and the remaining 40% from companies needing to distribute chilled merchandise via Panama to other parts of the world".