Multinova (Grupo Rosul, 25+ years) sits in San Miguel Petapa, ~20 km from the capital: more than 70,000 m² of leasable Class A space in two phases. Phase 1 — 4 warehouses (one suited to cross-docking) with mezzanine, loading docks and parking — is 100% occupied; Multinova 2 is being built speculatively (with no pre-leasing), with 2 further buildings of up to 12 m in height and delivery estimated for the end of 2026 (Vida y Éxito, 22-May-2026). The technical specifications (floor loading, docks per building) are not public.

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Área rentable Multinova>70,000 m² Clase A2026

Ocupación fase 1100%may-2026

Entrega Multinova 2fines de 2026 (especulativa)2026

Idea Central announced two warehouse projects in Amatitlán in February 2023: units of 800 to 1,600 m², combinable up to 4,500 m² or into complexes of 9,000 m², with 7.65 m clear height, loading docks and an office area (Diario de Centro América). In August 2026 its Logística Amatitlán project was in pre-sale with a 572 m² warehouse at US$486,740 (≈US$851/m²), according to the developer's listing (a promotional claim).

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Bodegas Idea Central Amatitlán800–1,600 m², altura 7.65 manuncio feb-2023

Logística Amatitlán, preventa572 m² a US$486,740 (≈US$851/m²)ago-2026

the pre-sale price is a promotional listing

Michatoya Pacífico (a private multi-user development in Palín, Escuintla, on the Pacific route; general manager José Pablo Salazar) had 23 companies and ~Q1,000 million invested as of June 2025, with a 1,600-ha master plan; it offers land for sale or a completed building, with warehouses from 6,000 m² and the first phase of buildings projected for delivery at the end of 2026. It anchors the textile build-to-suit precedent of Hansae (US$25 M) and ShinWon (US$12.5 M), verified in the audit of dossier 07.

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Naves Michatoya Pacíficodesde 6,000 m²; primera fase fines de 20262025-2026

Empresas / inversión acumulada23 / ~Q1,000 Mjun-2025

Zona Libre Quetzal (ZLQ), a public special economic development zone (ZDEEP) at Puerto San José (km 98 of the CA-9), was inaugurated in March 2024 and began operating in April 2024 with 5 companies: more than 1 million m² in total; phase 1 of 337,000 m² with 14,000 m² of warehousing; 50,000 m² of construction expected in 2024; initial investment Q14.3 million; a target of 2,000 direct and 10,000 indirect jobs (Prensa Libre, 8-Apr-2024). It is 4 km from Puerto Quetzal (dossier 07).

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ZLQ fase 1337,000 m² con 14,000 m² de bodegas2024

Inversión inicial ZLQQ14.3 M2024

Meta de empleo2,000 directos / 10,000 indirectos2024

PepsiCo invested US$70 million in total, of which US$27.1 million corresponds to its 43,500 m² distribution center in Villa Nueva (operating since October 2020); Nestlé invested US$11 million in a 12,000 m² warehouse plus 8,800 m² of manoeuvring yard, presented as 'the largest in Central America' (October 2020). They are the precedent for large users building their own facilities when there is no speculative supply.

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PepsiCo CD Villa Nueva43,500 m²; US$27.1 M de US$70 M totalesoct-2020

Nestlé bodega Villa Nueva12,000 m² + 8,800 m² maniobras; US$11 Moct-2020

Prensa Libre (25-Jan-2021) announced US$77 million for the south of the capital (US$91.7 million counting the whole southern zone): a US$14 million industrial park at Calle Real, Villa Nueva (3 phases, 2,000+ jobs); a Mexican logistics distribution center of US$5 million; two textile plants worth US$58 million; and in Amatitlán: Ransa (Peruvian, US$8 million, 2018, cold chain), Sunflower Q36 million, Zona del Sur Q31 million, Distripark Q20 million and Blocasa US$7 million (Grupo Monterrey, km 32).

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Pipeline sur de la capitalUS$77 M (US$91.7 M con toda la zona sur)ene-2021

2021 announcements; execution not tracked

Calidad Inmobiliaria (20+ years; 627,000 m² built) develops Distribodegas at 7 locations in Guatemala and El Salvador (units of 340 m²; phase 6 100% sold) and Districentro in Condado Naranjo, aimed at small and medium-sized firms, with units of 162 to 340 m² and heights of 5 to 7.5 m; Districentro 2 and Distribodegas 7 were presented around 2025. The description 'the first tower warehouse project in Guatemala' does not appear in the article on re-reading and remains to be verified in another source.

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Districentro, unidades162–340 m²; altura 5–7.5 mnov-2023

'tower warehouses' unsourced; Districentro 2 / Distribodegas 7 seen via snippet

The CAES Industrial Park (Idea Central, financed in partnership with CMI Capital) sits at km 27 of the road to El Salvador; inaugurated in March 2024 with an investment of US$16 million; phase 1 of 165 warehouses with units of 400 to 3,500 m² on a site of 40 manzanas (30 of them earmarked for warehouses); 120 units reserved at launch (70%). In August 2026 Idea Central listed a warehouse for sale at US$308,700 (size not visible) and logistics plots in pre-sale at 'Logística El Alto' from US$100,746.61 (promotional listings).

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CAES fase 1165 bodegas de 400–3,500 m²; US$16 Mmar-2024

Terreno CAES40 manzanas, 30 para bodegas2024

InnovaPark (ÍNTEGRO), announced in August 2026 as the 'first industrial park inside a 10-minute city', is being folded into Ciudad Santalú in Santa Lucía Cotzumalguapa, km 84 (República places it in 'Sacatepéquez', but the municipality belongs to Escuintla — still to be verified): 500,000 m² (~200,000 m² of development), more than US$180 million across 3 phases, 121 warehouses and 60 office-warehouses, more than 150 companies once complete; office-warehouses from 690 m² and buildings of 1,600 / 2,000 / 4,000 m²; 12 m eaves height; floor rated at 8 t/m² with an 18 cm slab — all developer claims via the press.

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InnovaPark500,000 m²; >US$180 M en 3 fases; 121 bodegas + 60 ofibodegasanuncio ago-2026

Especificación InnovaPark12 m al hombro; 8 t/m² (losa 18 cm)2026

developer claims; administrative location still to be confirmed

Developers confirmed by 2022-2026 evidence: Spectrum (Grupo Pantaleón), Grupo Rosul, Idea Central (the most prolific: Las Tunas, CAES, Amatitlán ×3, El Alto), Calidad Inmobiliaria, ÍNTEGRO, Grupo Zeta (dossier 07) and Michatoya; Interoceánica presents itself as a build-to-suit plus leasing park (ExpoBodega 2025, seen via Instagram, still to be verified). Not confirmed as industrial developers: Progreso X (no evidence that it develops warehouses), 'IDC' (idcguatemala.com is civil engineering; IDC Network is technology; IDC Valores is a finance house) and Latam Logistic Properties, which in July 2019 only stated that it was 'looking at' Guatemala and seven years later has no announced project.

Evidence project by project: Idea Central Amatitlán (2023) 800-1,600 m² combinable, 7.65 m height, docks and office; Parque Logístico Atlántica 28 (CA-9 Norte) 500 m², 9 m; Industrial Las Tunas 5-6-7 from 500 m²; Michatoya buildings from 6,000 m²; InnovaPark (2026) 690-4,000 m², 12 m at the eaves, 8 t/m² with an 18 cm slab (promotional); a Class A building in Escuintla of 28,800 m², 9.75 m at the eaves and 12.4 m at the ridge. Reading: the local standard for a condominium office-warehouse is 400-1,600 m² with 7.5-9 m of height; the new generation rises to 10-12.4 m and floors of up to 8 t/m² — still below the 12+ m usually demanded for Class A in Mexico (a qualitative comparison, with no Mexican source).

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Estándar ofibodega en condominio400–1,600 m², 7.5–9 m de altura2023-2026

Nueva generación Clase A10–12.4 m de altura; hasta 8 t/m²2025-2026

Synergy and Multinova specs are not public

A GPI/CityMax listing (ref. PAOB-001-10-25-12) offers a 28,800 m² Class A building in an Escuintla park with a 69 kW substation, fiber and diesel on site, 9.75 m at the eaves and 12.4 m at the ridge, docks with seals, shutters and 30,000 lb dock levellers, a yard for 53-foot trailers and exits compliant with NRD-2, with a build-to-suit option. Asking rent: US$177,120/month with maintenance included (broken out at US$14,400) plus taxes, ≈US$6.15/m²/month all in (≈5.65 rent + 0.50 maintenance) — evidence from a dated listing, not market statistics.

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Renta pedida nave 28,800 m² EscuintlaUS$177,120/mes con mantenimiento incluido (US$14,400) + impuestos; ≈US$6.15/m²ago-2026

real-estate listing, tier c evidence

Listings dated 19-Aug-2026 (tier c): Villa Nueva, Boulevard Reformadores, 1,000 m² at US$7,450/month (7.45/m²) and 592 m² at US$6,543 (11.05/m²) on MapaInmueble — not reconfirmed on 22-Aug, when the portal showed 5 properties of ~150-1,000 m² between US$6,051 and 20,322/month; a listing of 713.5 m² at US$20,322 (28.5/m²) is an outlier and a possible error; CBR Guatemala showed 7 warehouses at US$1,795-25,000/month (403 on re-checking); Metrobodegas Villa Nueva 307/313 m² at US$1,412.80/1,436.80 all in (~4.60/m², via Facebook, to be verified). Zone 12: 1,200 m² two blocks from Av. Petapa at US$9,900 plus VAT (8.25/m², via Facebook); the portal's floor for 150-300 m² starts at ~US$800/month (~3-5/m²); 4,400 m² with 10 docks on Av. Atanasio Tzul with no price. A listing of 150 m² at US$13,975/month was discarded as a data-capture error.

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Villa Nueva, 1,000 m²US$7,450/mes (7.45/m²) — no reconfirmadoago-2026

Villa Nueva, 592 m²US$6,543/mes (11.05/m²) — no reconfirmadoago-2026

Zona 12, 1,200 m²US$9,900 + IVA (8.25/m²)ago-2026

Zona 12, 150–300 m²desde ~US$800/mes (~3–5/m²)ago-2026

real-estate listings, several not reconfirmed or seen via snippet

A provisional reading of dated listings (not statistics): the standard dry warehouse is asked at US$3-8/m²/month depending on corridor and age — CA-9 Norte and Palín in the low band (Palín km 37.3, 2,261 m² at US$4.00/m² plus VAT plus maintenance; CA-9 Norte km 9.2, 4,579 m² at US$3.00/m² plus VAT, though that listing is recorded as leased on 1-Aug-2023 and is 2023 evidence, no longer current); the urban office-warehouse in zone 12 and Villa Nueva at US$8-11; the large Class A park building at ~US$6.15/m² with maintenance included, before taxes. There is no brokerage report; the dossier proposes its own quarterly sampling of listings by corridor.

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Bodega seca estándar, renta pedidaUS$3–8/m²/mesago-2026 (listados)

Ofibodega urbana z12 / Villa NuevaUS$8–11/m²/mesago-2026 (listados)

CA-9 Norte km 9.2, 4,579 m²US$3.00/m² + IVA — rentado 1-ago-20232023

the band is built on listings; the low end rests on a 2023 listing

Asking-price references: a market average cited by a developer in Nov-2023 of US$990/m² for office-warehouses and US$700/m² for industrial parks (for sale); Industrial Las Tunas 5-6-7 (pre-sale, Naranjo) US$1,250/m² (Aug-2026); Las Tunas 3 resale ≈US$900/m²; Logística Amatitlán (pre-sale) ≈US$851/m²; condominium office-warehouses on the CA-9 Norte from US$900/m² (estimated value at delivery US$1,200/m², promotional); Atlántica 28 US$1,000/m². The finished product sits at US$700-1,250/m².

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Ofibodegas, promedio citadoUS$990/m²nov-2023

Parques industriales, venta promedio citadaUS$700/m²nov-2023

Las Tunas 5-6-7 preventaUS$1,250/m²ago-2026

Atlántica 28US$1,000/m²2026

asking prices, not closing prices

Yes. Precedents: Hansae and ShinWon at Michatoya Pacífico (2025, US$25 M and US$12.5 M); Grupo Salinas at Synergy (groundbreaking 15-Nov-2025); institutionalised BTS supply at Synergy (rent + BTS + tax clusters), Interoceánica ('we build according to the client's requirements'), the 28,800 m² building in Escuintla with a BTS option and Michatoya (land or a completed building); and the in-house DCs of PepsiCo and Nestlé (2020). The 2024-2026 shift runs from selling condominium office-warehouses towards speculative Class A rental (Multinova 2 with no pre-leasing) and park-based BTS — the pattern that usually precedes the arrival of institutional developers. Latam Logistic Properties stated in July 2019 that it was 'looking at' Guatemala; seven years later there is no project, so it is not a live signal.

According to Construcción en Cifras from the Guatemalan Chamber of Construction (CGC): construction GDP of Q30,171.3 million in 2025 (+8.3% year on year); construction investment Q61,053.7 million (+10.7%); in 2026 (partial) 1.2 million m² approved and 1,980 permits — the municipality with the largest approved area is Guatemala and the one with the most permits is San José Pinula; a cement production index of 216.9 (base 2010=100) in 2025, rising; a Construction Sector Confidence Index (ICSC) of 68.7 points in April 2026 ('moderately positive perception', confirmed on the CGC's page). Diesel rose 18.41% against 2025, the input with the largest increase (seen via Instagram, to be verified).

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PIB construcciónQ30,171.3 M (+8.3%)2025

Inversión en construcciónQ61,053.7 M (+10.7%)2025

Licencias / m² aprobados1,980 / 1.2 M m²2026 parcial

ICSC68.7 puntosabr-2026

Índice de producción de cemento216.9 (2010=100)2025

the diesel increase was seen via snippet

There are three real instruments: the IPMC from the national statistics institute (INE), a monthly price index for 89 construction materials and services (base Dec-2018=100); the INE's new ICC (2026) with three divisions — family dwellings, non-residential buildings (the one relevant to warehouses) and civil works — which in its first stage measures only single-family social housing, so the non-residential division has no series yet; and the CGC's Materials Price List (monthly, latest visible Jun-2026) plus its quarterly Economic Bulletin (No. 74, May-2026). There is no CGC index called 'ICCV'. The cost ranges per m² (Q3,000-5,500 in general; industrial up to ~Q9,000, tier c and unverified) are documented in dossier 07 §7.

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Costo de construcción industrial (tier c, sin verificar)hasta ~Q9,000/m² (general Q3,000–5,500)2026

per-m² costs unverified (tier c)

A project is categorized under the Listado Taxativo in force, the exhaustive project list (Ministerial Agreement 402-2021; predecessors AM 199-2016, 204-2019 and 264-2019), under Governmental Agreement 137-2016 (RECSA). The entry 'warehouse for the storage of non-hazardous finished goods (without cold rooms)' exists (CIIU 5210, impact factor: area in m², thresholds of 1,500 and 5,000 m²); there is also 'office-warehouse complex' (CIIU 4100, threshold 3 warehouses) and 'industrial parks and complexes' (CIIU 4100, threshold 1 ha). A dry warehouse typically falls into B2 or C, both processed with an Initial Environmental Assessment (Evaluación Ambiental Inicial, EAI); B2 requires an individual environmental consultant or a firm registered with the Ministry of the Environment (MARN). The column-by-column assignment (C / C with PGA / B2 / B1) could not be read unambiguously in the PDF — gap #5 in the dossier. The file is tracked at apps.marn.gob.gt and digital processing at marndigital.marn.gob.gt.

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Umbrales de área, bodega de almacenamiento (CIIU 5210)1,500 y 5,000 m²vigente

Umbral parques y complejos industriales1 havigente

the exact category by area range is still to be confirmed in the original table

NRD-2 from the national disaster reduction coordinator (CONRED) — 'minimum safety standards for buildings and installations of public use' — governs emergency exits, evacuation routes, signage and the calculation of occupancy load by portion of the structure, with a file of ~19 items (forms, floor-by-floor drawings, routes, photographs) submitted through an online platform; legal basis: CONRED National Council Agreements 04-2011 (issuance, published 27-Jul-2011), 01-2014 (amendment) and CN-3-2025 (update). On fire services: commercial listings cite a 'fire protection system' as an attribute, but no specific national rule was found requiring a fire department opinion for warehouses — practice points to NRD-2 and to municipal requirements; this remains to be researched. If a tax and customs regime applies (free zone, ZDEEP or 29-89), qualification is handled by the Ministry of the Economy (MINECO), ZOLIC or the tax authority (SAT) (dossier 07).

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Expediente NRD-2~19 ítemsvigente

no fire department opinion rule was found

Grupo Salinas Guatemala (Elektra, Banco Azteca, Italika, TV Azteca Guate) broke ground on 15-Nov-2025 for a distribution center at Synergy Industrial Park, Escuintla: a multi-tenant warehouse for distributing Elektra products and Italika motorcycles; square meters and investment were not published. It is one of the market's documented build-to-suit precedents.

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Primera piedra CD Grupo Salinas15-nov-20252025

square meters and investment not published

Industrial Las Tunas (phases 1-8, Idea Central) is a large-format office-warehouse development in the Zona Empresarial Naranjo (zone 4 of Mixco): Las Tunas 1 had 14 office-warehouses (2022); phases 5-6-7 were in pre-sale at US$1,250/m² with units from 500 m², and Las Tunas 8 began foundation work in January 2026 (seen via Google results, still to be verified). A resale in Las Tunas 3 was asking US$607,599 for 675 m² (≈US$900/m²), according to Inversen.

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Preventa Las Tunas 5-6-7US$1,250/m², desde 500 m²ago-2026

Reventa Las Tunas 3675 m² a US$607,599 (≈US$900/m²)ago-2026

promotional listings; tier c evidence

Dated listings (tier c): Palín, 3.5 manzanas of industrial/commercial land on the highway at US$150/vara² (total US$5,250,000; page returned 404, cite as indexed evidence); Palín km 39, 14.28 manzanas at Q4,500,000 per manzana (≈Q644/m², Instagram Jul-2026, verify); Amatitlán, 6.8 manzanas for industrial development, no price (Encuentra24), and a plot promoted at US$12/m² (Facebook, verify); km 31.5 of the Amatitlán road, 135,427 m² at US$1,100,000 (≈US$8.1/m², Mancro, URL 404 on 22-Aug). Provisional reading: raw land with industrial vocation in the southern corridor is asked at US$8-12/m² (large parcels back from the highway) and ~US$80-215/m² with road frontage in Palín; the Q→US$ and vara²→m² conversions are left to the data phase.

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Tierra cruda, piezas grandes fuera de ejeUS$8–12/m²2026 (listados)

Tierra sobre eje vial, Palín~US$80–215/m² (Q644/m²; US$150/v²)2026 (listados)

real-estate listings, several inaccessible on re-checking

The first step is the municipal building permit: each municipality has its own regulation — Villa Nueva has its own Construction and Urban Planning Regulation (the 'licencia de construcción de obra', or works building permit; the copy consulted is on Studocu and must be checked against the official municipal text) and Guatemala City processes applications through the single-window office (Ventanilla Única, vu.muniguate.com). Municipal variation in timelines and requirements is developed in dossier 18 §4.1.

unofficial copy of the Villa Nueva regulation

According to JLL (via Revista INversión INmobiliaria, 14-Jan-2025), Guatemala City's office stock is 627,000 m², with 16,000 m² under construction, vacancy of 13.5% (down from 20.8% in 2023) and Class A rent of US$9.5-15/m²/month. Reading for the industrial developer: local real-estate capital, with the office segment still digesting its post-2023 oversupply, has rotated into warehouses — consistent with 89% industrial occupancy and with Multinova 2 built on spec. There is no public report with vacancy by tower.

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Stock de oficinas Ciudad de Guatemala627,000 m²; 16,000 m² en construcciónnov-2024/ene-2025

Vacancia de oficinas13.5% (20.8% en 2023)2024

Renta Clase A oficinasUS$9.5–15/m²/mes2024