Overview

Logistics parks in Panama have experienced development driven by both local and international investors, who have capitalized on the advantages of existing multimodal facilities and the country’s outstanding connectivity with various regional markets. The strategic selection of locations for these parks has been based on accessibility to ports, special economic zones and airports, ensuring favorable conditions to carry out key activities such as the distribution and storage of products.

The logistics park market in Panama is distinguished by the predominance of warehouses and office-warehouse buildings. According to the report from Newmark for the fourth quarter of 2024 on the industrial market, the total inventory amounts to 1,732,313 m², including those located in special regimes such as Panama Pacifico and free trade zones.

The largest concentration of warehouses and office-warehouse buildings is found in the eastern outskirts, covering the provinces of Panama and Panama Oeste, where 60% of the supply is concentrated, according to the same report. Regarding market outlook, there is a growing trend towards the development of sustainable and energy-efficient industrial properties. Additionally, greater integration of technology and automation is expected, which will drive demand for properties designed to support these innovations.