By Claudia Guzmán
The logistics sector is one of the main drivers of economic growth in our country. It generates jobs, attracts foreign investment, and strengthens competitiveness.
However, it faces a structural challenge: the shortage of suitable industrial buildings, especially in key areas such as Santo Domingo, Santiago and Punta Cana.
A dynamic, but limited market
In an increasingly demanding business environment, companies require modern, efficient, and adaptable spaces. The current offerings, however, fail to meet this need.
This has fueled the rise of "turnkey" developments, which allow companies to design customized facilities, optimizing costs and operations.
Why are industrial spaces scarce?
1. Rapid demand growth: Trade, logistics, and manufacturing are advancing faster than the available infrastructure. 2. Lack of foresight: Infrastructure was not built with sufficient foresight to support this growth. 3. Obsolete or insufficient inventory: Many warehouses do not meet modern standards (height, access, technology). 4. Zoning restrictions: Residential expansion has reduced availability in traditional industrial areas. 5. Rising prices: Limited supply has driven up rental costs. 6. Projects still under development: New logistics parks exist, but many are not ready for immediate occupancy.What can companies do?
• Explore emerging areas: peripheral or developing areas offer greater availability, more competitive costs, and medium-term growth potential. • Plan ahead: starting the search for spaces early allows you to secure the best locations and negotiate better terms. • Access reliable information and expert advice: understanding market regulations and projections is key to making strategic decisions.The reality is that decision-making in companies isn't always quick: the day-to-day operations often prevent necessary expansions from being implemented in a timely manner. And in a market with such high demand, when decisions are made too late, the best options are no longer available.
Solutions that add value
From our experience we know that choosing an industrial or logistics location is not just a real estate decision: it is a strategic decision that impacts the productivity, costs and growth of the company.
That's why we accompany our clients throughout the entire process:
1. Operational needs analysis: We evaluate the type of operation, storage requirements, logistics processes, and growth projections. 2. Search and evaluation of options: We identify existing spaces or projects under development that fit each company's profile. 3. Negotiation and optimization of terms: We manage the terms of lease or purchase to maximize the value of the investment. 4. Comprehensive planning consulting: We help companies anticipate market trends, ensuring availability in prime locations.In a market where the right space can become the biggest operating asset, acting strategically is not an option: it's a necessity.
The author is: Director of Business Development and Partner
at CREA Plusval.
The opinions expressed in this article are the sole responsibility of the author.
