TC Latin America Partners (TC Latam) acquired an industrial asset in Monterrey, Nuevo León, as part of a portfolio diversification process that will generate scalable investment opportunities.

The Puerta del Norte Industrial Park has a current profitable area of 686 thousand square feet and an additional development potential of 888 thousand, which will be executed by REI Real Estate.

"It will benefit from the opportunities provided for tenants by the Trade Agreement between Mexico, the United States and Canada (TMEC), as well as from the competitiveness of the Mexican workforce."

Check here: Approach and portfolio of the Infrastructure and Real Estate Trusts (FIBRAs)

The Park has a privileged location with a connection to the United States and to the interior of Mexico, with a connection within the park to two of the main railways between the United States and Mexico, Kansas City Southern and Ferromex, a quality shared by only five industrial parks in the country.

Gregorio Schneider, chief investment officer and founding partner of TC Latam, said that Puerta Norte has very particular characteristics that prompted us to invest.

“In the short term, our investors will receive income from the industrial buildings that are stabilized; in the medium term, they will also benefit from the income generated by new warehouses that we will develop within the industrial park ”.

Of interest: Metropolitan Area of Monterrey at the forefront of industrial demand as of 3Q 2021

Additionally, in August TC Latam announced an alliance with The Haskell Company, a US company with experience in architecture, engineering, construction and consulting.

Thus, a financial solution will be provided that will allow companies in the industrial sector to develop new industrial facilities, modify existing ones, or design and adapt production lines.

In 2020 TC US Partners, a subsidiary of TC Latam in the United States, completed the sale of a portfolio of industrial properties in the southeast of the United States.

This subsidiary closed two transactions in Phoenix and Portland, with a local operator specialized in the acquisition and management of small-bay or light industrial assets.

In Solili you can consult industrial warehouses for rent in Saltillo, Mexicali, Ciudad Juárez and Mexico City

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