Fibra Prologis management highlighted that these assets are located in one of the most active markets in Mexico, driven mainly by nearshoring.

Fibra Prologis, one of the real estate investment trusts in the logistics segment, disbursed 32.7 million dollars to acquire an industrial park, consisting of 3 buildings and a reserve land, located in Monterrey, Nuevo León.

Check here: Manufacturing sector consolidates the core of industrial demand in Reynosa

Management highlighted that these assets are located in one of the most active markets in Mexico, driven primarily by nearshoring.

Monterrey stands out for being the third largest metropolitan area in Mexico, and it is also a strategic area for international trade due to its proximity to the United States.

According to a CBRE report, Monterrey and other markets in the Northeast region have been positively impacted by nearshoring trends. In the first quarter of 2023, it represented 30% of the total absorption of industrial parks or warehouses.

He said in a statement that this property comprises 439 thousand square feet of industrial space and is fully rented in dollars. “We continue to execute our growth strategy by acquiring assets from our sponsor and third parties.”

Of interest: Accumulated industrial demand in Bajio reaches 880 thousand m² over the course of the year

"We remain committed to continuing to generate value for our shareholders," commented Luis Gutierrez, general director of Prologis Mexico.

As of September 30, 2023, the Fibra had a portfolio with 228 properties intended for logistics and manufacturing located in 6 industrial markets in Mexico, including Guadalajara, Nuevo León and Tamaulipas, with a total Gross Rentable Area of 44.2 million square feet or 4.1 million square meters.

In Solili you can consult industrial warehouses available in Reynosa, Tijuana and Ciudad Juárez

Original note