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FIBRA Prologis (PLD) Acquires 535,861 square feet of industrial space in Tijuana, Baja California

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FIBRA Prologis Acquires 535,861 Square Feet

November 30, 2022 1:00 PM EST

MEXICO CITY, Nov. 30, 2022 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, has acquired two buildings from a third party located in Tijuana, Baja California. The buildings, which represent a total investment of US$56.5 million, including closing costs, comprise 535,861 square feet of industrial space.

"These properties in Tijuana allow us to continue satisfying a growing demand, partly fueled by nearshoring, in strategic and restricted markets, and aligned with our... More