JLL industrial report Medellín 1H26

Net absorption reached 31,700 sqm in 1H 2026, following two years of contraction, with positive activity across all three submarkets.

Authors

Rodrigo Torres

Melissa Margfoy

Vacancy declined by 3.8 p.p. over the semester to 1.5%, supported by the recovery in demand and the absence of new supply.

Prime rents increased 9.6% semester-over-semester and 18.2% year-over-year, reaching a range of COP 30,000–35,000/sqm/month.

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