A survey by real estate consultancy Cushman & Wakefield shows that São Paulo has cemented its position as Latin America's leading logistics market. In the first half of 2026, the São Paulo metropolitan region accounted for 56% of all logistics space absorption recorded across Latin America, with 965,679 square meters of warehouse space leased during the period.
According to the study, Latin America's logistics warehouse market is concentrated primarily around two major hubs: São Paulo and Mexico City. Together, these two metropolitan regions hold 67.3% of all logistics center stock in Latin America, which totals 44.3 million square meters. This concentration reflects shared characteristics between the two markets — large consumer populations, strong industrial supply chains, well-developed transportation infrastructure, and growing demand for distribution operations located closer to end customers.
Despite sharing the lead in total stock with the Mexican capital, São Paulo stood out for the intensity of recent demand, driven largely by the continued growth of e-commerce in Brazil, which keeps pushing companies to expand logistics capacity and shorten delivery times. Beyond strong domestic consumption, the region's port infrastructure — particularly its connection to the Port of Santos — also helps reinforce São Paulo's strategic position within regional distribution chains.
This is a summary of an article originally published by Exame, based on data from a Cushman & Wakefield survey.
