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FIBRA Prologis Acquires 285,450 Square Feet

MEXICO CITY, March 29, 2022 /PRNewswire/ — FIBRA Prologis (BMV:FIBRAPL), a leading owner and operator of Class-A industrial real estate in Mexico, has acquired one industrial building in Ciudad Juarez from its sponsor and one Last Touch® facility in Mexico City from a third party.  These assets represent a total investment of US$28 million, including closing costs.

“We continue to proactively acquire assets from our sponsor, Prologis, as well as third parties,” said Luis Gutiérrez, CEO, Prologis Mexico. “During the first quarter, we acquired US$67 million worth of assets, including closing costs. These acquisitions highlight how FIBRA Prologis continues to execute on its strategy of building a stronger presence in the best logistics markets that can meet growing demand.”

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2021, FIBRA Prologis was comprised of 224 logistics and manufacturing facilities in six industrial markets in Mexico totaling 42.6 million square feet (4.0 million square meters) of gross leasable …

Full story available on Benzinga.com

Source Here: benzinga.com

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