Q2 2020 ended with Class A industrial stock of 135 million Sq. Ft., a 3.1% growth rate compared to Q2 2019. This increase is slightly more than 4.0 million Sq. Ft.
Currently, slightly more than 4.3 million Sq. Ft. are under construction, 55% of which are build-to-suit projects.
The price in the region closed the second quarter of the year at $4.57 US $/Sq. ft./Year compared to $4.52 US $/ Sq. ft./Year in Q2 2019, which is a slight increase compared to the price recorded in 2019.