Fibra Mty acquires industrial warehouse in Guanajuato for US$105 million

Fibra Mty finalized the purchase of an industrial warehouse in León, Guanajuato, for US$105 million. The property, leased by Mercado Libre, will contribute 82,250 square meters of gross leasable area to the trust's portfolio.

Jorge Avalos Carpinteyro, CEO of Fibra Mty, explained that the acquisition is in line with its expansion strategy, which prioritizes light manufacturing properties and selectively incorporates logistics facilities. In an environment of commercial uncertainty due to US tariffs on Mexico, the trust seeks to capitalize on the growth of the industrial sector and strengthen its relationship with strategic tenants.

“This acquisition is part of a strategy to capitalize on the sustained growth of the sector and consolidate the relationship with the tenant, adding a second property leased to the same company,” explained Avalos Carpinteyro.

E-commerce has been a key driver in the demand for industrial space. According to data from Fibra Mty, this sector has grown at a compound annual rate of 33.8% in the last six years, and in 2024 it maintains a growth of 20%, with sales of US$43.1 billion. The expansion of digital consumption has driven the consolidation of logistics spaces in various regions of the country.

The acquired industrial warehouse has a current seven-year lease with Mercado Libre. Net operating income for Fibra Mty is estimated at US$7.6 million for the first 12 months following the transaction.

With this operation, the trust continues to execute its investment plan, having already allocated three quarters of the US$700 million expected following its last capital issue.

“The Trust reaffirms its commitment to continue growing the investment property portfolio, prioritizing the accretion of cash flow through Real Estate Trust Certificates (CBFI), and the consolidation of the quality of assets, tenants and leases in the main industrial markets in our country,” Fibra Mty reported.

According to Javier Llaca García, the company's director of Operations and Acquisitions, this year it is expected to allocate approximately US$500 million in industrial transactions. This capital will allow the acquisition of between 500,000 and 700,000 square meters of space in the main industrial markets in the north, Bajío and central regions of the country.

If you would like to learn more about logistics and supply chain strategies focused on the automotive industry in Mexico, we invite you to learn more about Road 2 Logistics, an exclusive event focused on strengthening the supply chain in the sector.