FIBRA Prologis has acquired 41,779 square feet of infill, logistic space in Mexico City. A sales price was not disclosed.
The single, vacant property is in the Santa Maria submarket near densely populated, affluent and urbanized neighborhoods. Additionally, the site has a moderate coverage ratio providing an efficient maneuvering patio, as well as parking spaces.
“This acquisition is in one of the most desirable locations in Mexico City for distribution purposes,” said Luis Gutierrez, CEO, Prologis Mexico. “This property has access to a substantial workforce, as well as public transportation and, importantly, when leased, should command one of the highest per-square-foot rents in our portfolio.”
