Vacancy rate of industrial and logistics real estate in Colombia 2022-2023, by city
Cali reported the lowest vacancy rate for industrial and logistics real estate among the major cities of Colombia in 2023. In the second quarter of the year, less than two percent of the industrial and logistics real estate stock was vacant. In Bogotá, that figure amounted to 4.3 percent. Despite having the biggest shortage of available industrial and logistics space, Cali was the only market where the vacancy rate increased.