Fibra Prologis reported on the acquisition of two properties in Ciudad Juárez and Reynosa, for a total purchase price of $120 million, including closing costs.

The Real Estate Investment Trust detailed that these industrial spaces comprise 1.1 million square feet, said spaces are fully rented and at a dollar price.

Check here: Northern region of the country leads industrial demand towards the end of 2023

“Even though acquisitions and development are taking longer than expected, so far this year we have been able to acquire $334 million worth of high-quality properties in the most dynamic markets, while continuing to generate value for our investors,” he commented. Luis Gutiérrez, general director of the Fiber.

In the Financial Results Report for the Third Quarter 2023, the Trust indicated that its results were solid, especially those referring to the effective net income since the IPO (Initial Public Offering).

Of interest: Learn about the brokers who have taken advantage in Saltillo, strengthening their industrial profile

Subsequently, they announced the purchase of three buildings and a reserve land, located in Monterrey, with an investment of 32.7 million dollars, which meant the follow-up of their growth strategy, so this new transaction in the north of the country maintains their plans. .

As of September 30, 2023, the Fiber covered 228 properties intended for logistics and manufacturing located in six industrial markets in Mexico; these figures do not include the latest commercial operations.

In Solili you can consult industrial warehouses in Monterrey and Saltillo

Original note