staging
Fibra MTY acquires property in which it will invest 9.8 million dollars
El Financiero | September 18, 2018 |

The real estate investment trust completed the acquisition of land in which it plans to build a property called Zinc with an investment of around 9.8 million dollars, in Santa Catarina, Nuevo León.

The land, which acquired for 1.8 million dollars, has an area of 43 thousand 920 square meters, which will be built a custom industrial warehouse for one of its customers who plans to relocate their facilities, the trust reported through a release.

"The whole property has been rented to a single company under a net triple lease agreement (NNN) in which the lessee covers, in addition to the rent, the expenses related to operating costs, insurance and property tax of the property" , explained Fibra MTY, in the statement.

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