“JP set us up with a Mexican developer, identified a property that would be suitable based on not just square footage, but by excellent understanding of the business we would be doing. We were up and running in 120 days including all tenant improvements such as electricity,
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Tijuana Industrial Real Estate Update February 2017 Tijuana is in a state of flux. Looking at thirty years of data while working in this market, there has never been so little vacancy. In 2016, over four million square feet was absorbed by companies like Motor Car Parts
Tell me more →The borders of Mexico were the first beneficiaries of the maquiladora (or in bond) program in the 1960’s. Foreign companies could import machinery and raw materials duty free, as long as they promised to re-export the final products. The Maquila Program or Border Industrialization Program, was intended
Tell me more →FIBRA Macquarie México announced it has successfully completed the acquisition of a ten-property industrial portfolio with a Gross Leasable Area (GLA) of 2.2 million square feet located in the northern Mexico cities of Monterrey, Reynosa, Tijuana, Ciudad Juarez and Saltillo. The portfolio was acquired from an institutional
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