The Valencia logistics market recorded around 310,000 sqm of take-up between January and September 2026, according to CBRE. Of this, 154,000 sqm was signed in the third quarter, almost three times the 52,445 sqm recorded in the same period last year.
Valencia remains Spain’s most active logistics market outside Madrid and Barcelona. Low availability in Barcelona is driving interest in the city, which also benefits from its port, supply of quality warehouses and more competitive rents.
CBRE expects the year to close with take-up above the average of recent years. Between January and September, 64% of the space leased was in new-build warehouses, reflecting demand for modern assets in strategic locations, with immediate availability, sufficient power capacity and current efficiency and sustainability standards.
Riba-roja de Túria and Loriguilla, in the province of Valencia, accounted for a third of deals in the period. Loriguilla hosted some of the largest transactions, including Raminatrans’ lease of 29,000 sqm, in which CBRE was involved.
Availability rose slightly to 2.8% after the delivery of around 173,000 sqm in the quarter, the highest volume of the year, taking built logistics stock in Valencia above 6 million sqm. A further 302,000 sqm or so is under construction, 51% of it owner-occupier developments. According to CBRE, this pipeline will not prevent availability from remaining limited in the coming months.
Rents continue to rise due to the shortage of quality product and demand in established locations. Prime rents grew by 1.8% quarter-on-quarter to €5.75 per sqm per month at the end of September.
Ernesto Coloma, Head of Industrial and Logistics for Eastern Spain at CBRE, believes Valencia’s growth also requires improvements in infrastructure and land planning, including road and rail links, port access and the availability of industrial land. “Working hand in hand with public administrations is essential”, he noted.
