São Paulo
In the second quarter of 2026, the industrial and logistics park market in the state of São Paulo showed notable progress. Total inventory expanded to 22.11 million m², reflecting strong growth. Construction activity also increased, with 2.02 million m² under development. The vacancy rate fell to 5.17%; in absolute terms, this corresponds to 1.14 million m² of unoccupied space. Compared to the previous quarter, new inventory totaled 196,000 m², a lower figure than in the prior period.
Absorption indicators also shifted. Gross absorption rose to 703,000 m², while net absorption fell to 456,000 m². The average asking rental price decreased, settling at R$ 31.07/m² per month.
For Class A properties, net absorption declined to 432,000 m², accompanied by a drop in the vacancy rate to 5.09%. Conversely, for properties in the “Other” class, net absorption rose to 24,000 m², and the vacancy rate fell to 5.49%.
Occupancy, Vacancy Rate, New Stock and Construction Activity
Industrial and Logistical Condominiums (Class A and Others)
Net Absorption and Vacancy Rate
Industrial and Logistical Condominiums
Ocupantes’ methodology for classifying Logistics Condominiums can be summarized as follows: “Class A” condominiums: Warehouses with high technical specifications | “Other Class” Condominiums: Warehouses with lower technical specifications.
Rio de Janeiro
The second quarter of 2026 brought significant changes to the industrial and logistics park market in the state of Rio de Janeiro. Total inventory rose to 3.16 million m². Construction activity increased, with 149,000 m² currently under development. The vacancy rate declined to 8.20%, representing approximately 281,000 m² of available space. Regarding new inventory, 22,000 m² were delivered during the quarter.
Gross absorption rose to 97,000 m², and net absorption also increased, reaching 67,000 m². As for pricing, there was a slight decrease in average asking rents, which settled at R$ 28.10/m² per month.
Class A parks saw an increase in net absorption, reaching 62,000 m², while the vacancy rate in this segment fell to 8.25%. Conversely, “Other Class” parks recorded net absorption of 5,000 m² and a vacancy rate of 20.76%.
Occupancy, Vacancy Rate, New Stock and Construction Activity
Industrial and Logistical Condominiums (Class A and Others)
Net Absorption and Vacancy Rate
Industrial and Logistical Condominiums
It is important to highlight that past trends do not guarantee future results. Ocupantes does not assume responsibility for decisions made based on this information. The information presented in this document is updated based on the publication date and may undergo changes until the next edition.
