FIBRA Prologis, an owner and operator of class A industrial real estate in Mexico, has acquired two buildings from Prologis located in Ciudad Juarez and Reynosa for $120 million.
The buildings, which comprise 1.1 million square feet of industrial space, are fully leased in U.S. dollars.
“Even though acquisitions and development are taking longer than expected, we have been able to acquire year-to-date $334 million of high-quality properties in the most dynamic markets, bringing more value to our shareholders,” said Luis Gutiérrez, CEO, Prologis Mexico.
