During the first half of 2025, the vacancy rate reached 4.3%, showing a moderate increase compared to 3.2% in the previous semester.
Insight
JLL Industrial Report Medellin 1H 2025
It is anticipated that the market will continue to grow, but at a more moderate pace compared to pre-pandemic expansion, with vacancy rates gradually decreasing. Production could rebound when economic conditions improve and political uncertainty dissipates.