The first investment trust in industrial, commercial and corporate real estate, fiber mty, managed to close an agreement that links the purchase of an industrial portfolio that accumulates a total of approximately 83.3 million dollars, including costs and taxes attached to the transaction.

The project has six stabilized class A industrial warehouses, which are located in Querétaro, with a Gross Rentable Area of 93,325 square meters of construction, with a land area of 253,611 m2 with opportunity for expansion.

Of interest: Industrial construction in Querétaro reaches its highest point in January 2024

The industrial warehouses are located within the Aerotech industrial park, located 2 kilometers from the Querétaro International Airport.

These contracts are triple net (NNN), which means that the tenant assumes, in addition to the rent, maintenance expenses and insurance with property tax.

Consult here: Challenges and opportunities for the industrial markets of Bajío

The acquisition will provide Fibra Mty to increase its average lease term, weighted to income, to 4.9 years at the close of 2023, with an estimated 5.2 years.

Upon completion, the transaction is expected to be ready by April 2024, subject to all the compliances attached thereto. The main partners and owners of the portfolio are American Industries, Impulsora Queretana and Abitat,

In Solili you can check warehouses available in: Ciudad de México, Querétaro &  Puebla.

Original Note.