Advance Real Estate, a company focused on the acquisition, development, leasing and operation of industrial projects in Mexico, announced the acquisition of five properties in Ciudad Juárez, Chihuahua.
Through a statement, the company announced that the new portfolio of 668 thousand 410 square feet, had a value of 41.4 million dollars. Operation that increases Advance's participation in key industrial markets in Mexico and represents another important milestone for the company.
According to Gerald Marchel, Head of Capital Markets and Development at Advance Real Estate, the decision to purchase said assets is part of the company's growth strategy, which seeks to increase its position in the north of the country.
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“The five warehouses are located in one of the most active industrial markets today, and have high-quality tenants. The decision to buy these assets follows a clear growth strategy to establish Advance as a long-term investor in the country, ”he said.
Advance has a presence in 12 cities in Mexico, whose portfolio is made up of 11.5 million square feet of industrial space.
Its portfolio also stands out for the launch of speculative buildings and projects under the "Build to Suit" model for more than 100 national and international companies in the automotive, logistics, manufacturing and service industries.
Do not forget to carry out a search where you can not only know the availability of Ciudad Juárez, but also the availability of the most important industrial markets in the country monitored by Solili.