Key Characteristics of the Most Sought-After Locations
Visibility and Accessibility – Locations along boulevards and main streets are always at an advantage due to high foot traffic and accessibility. Even a shift of just a few hundred meters away from the main street significantly reduces the price.
Connectivity with Roads and Infrastructure – Industrial zones located near major roads, highways, or city entrances have particular importance for companies that rely on logistics and mobility.
Price vs. Investment – In newly constructed buildings, it is increasingly common to encounter vacant spaces due to rental prices being too high compared to the local standard and tenants’ expectations.
Challenges in Space Supply
Lack of Properties in Central Zones – Large cities have a limited number of available commercial spaces in the most attractive locations, which drives prices up and reduces options for interested tenants.
Mismatch Between Supply and Demand – There is a gap between what tenants want (location, price, functionality) and what is being offered. Many new commercial units in newly constructed buildings remain vacant because their legal or commercial features do not meet tenant requirements.
High Prices in Prime Locations – Properties located on prominent boulevards and streets command significantly higher rents than those situated just a few streets away. As a result, some spaces remain unleased.
The commercial real estate market shows a clear trend: tenants are increasingly seeking locations that provide strong visibility, accessibility, and reliable infrastructure. On the other hand, the gap between tenant preferences and available supply is growing—particularly in new developments where high prices are set before the spaces gain real commercial value in the eyes of prospective tenants.
For cities and investors, this means that future plans should focus on:
- achieving a better balance between accessible and prestigious locations,
- establishing a reasonable pricing policy that aligns with market demand, and
- developing properties tailored to rental needs (various space types at different price points and sizes) in order to reduce the number of vacant units.