As part of its asset recycling strategy, the industrial real estate investment trust, Fibra Prologis, announces five new transactions in Mexico with a value of 27.9 million dollars, located in the states of Tamaulipas and Sonora, through the municipalities of Nuevo Laredo, Matamoros, and Hermosillo, with a total of 66 thousand 317 square meters.

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 The transactions represent opportunities for economic growth and development for various industries in the country, for this reason the general director of Prologis Property México, Luis Gutiérrez Guajardo, stated that "through our asset recycling program we were able to dispose of good quality assets, located in secondary markets for resources that we plan to allocate to new opportunities so that they are in line with our strategy”.

Prologis is one of the most important investment trusts in Mexico in terms of real estate and class A industrial property management. Until the first quarter of 2023, there were 225 properties for the logistics and manufacturing sectors, located in six markets industries in the country, with a gross rentable area of 4 million square meters.

Of interest: Solili Industrial Report 2Q 2023, vacancy and exchange rate increase prices by 15% per year

On the other hand, a few weeks ago Fibra Prologis acquired three properties in other places such as Ciudad Juárez in Chihuahua, Monterrey in Nuevo León and Tijiuana in Baja California, for a total of 74.9 million dollars, including closing costs, equivalent to 60 thousand 503 square meters.

This infrastructure, the company indicated, is already rented in dollars and in its entirety. “We continue to proactively execute our strategy of building a stronger presence in the best industrial frontier markets that can meet growing demand,” emphasized Luis Gutiérrez.

In Solili you can consult industrial warehouses available in Mexico City, Guadalajara and Querétaro 

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