Ares Management Corp. to acquire Walton Street Mexico

Ares Management Corp. has announced that one of its subsidiaries has entered into a definitive agreement to acquire 100 percent of Walton Street Capital Mexico S. de R.L. de C.V. and certain of its affiliates, a real estate asset management platform focused primarily on the industrial sector with $2.1 billion in assets under management as of June 30 from Walton Street Capital.

Led by Federico Martin del Campo, managing partner and CEO, the Walton Street Mexico team consists of more than 15 investment professionals that have transacted in industrial and other major real estate sectors in Mexico for more than 20 years. During this time, the team has established itself as a leader in industrial real estate in Mexico. Since 2010, affiliates of Walton Street Mexico have invested across key markets through the acquisition and development of more than 51 million square feet of industrial real estate in more than 250 separate properties and have attracted tenants in Mexico’s larges