TURF WARS
Vacancy rates plummet as warehouse demand goes through the roof
Vacancy rates plummet as warehouse demand goes through the roof
Brazil’s class-A warehouse market is set to close out one of its strongest years on record. A surge in demand — propelled largely by heightened e-commerce competition — has kept the sector tight, with vacancy rates approaching historic lows despite a flood of new developments.
Vacancy in Q3 2025 stood at 7.7%, according to real estate consultancy JLL — the lowest rate since at least 2013. For the full year, JLL projects a vacancy rate of…
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