Meor initiates purchase of industrial parks

The industrial developer Meor began a new expansion phase in key areas of central and northern Mexico. This is a strategy to incorporate stabilized or already built industrial properties that are currently leased.

In this regard, Jonathan Pomerantz, CIO of Meor, explained that the objective is to integrate properties that already generate value, offering opportunities to both investors and owners seeking to capitalize their assets.

“The new approach prioritizes industrial buildings with high occupancy and proven profitability. This will allow us to add immediate value, reduce incorporation times and ensure stable flows,” said Pomerantz.

According to the real estate fund, US$1 billion will be allocated over the next few years to take advantage of this type of opportunity.

As an example of this new strategy, Javier Camarena, CEO of Meor, highlighted the recent purchase of the San Lorenzo Industrial Park, located in the CTT logistics corridor in the State of Mexico.

According to official information, it has 43,221 m2 for rent and four warehouses of 4,374 m2, 12,111 m2, 8,313 m2 and 17,422 m2.

“We are committed to Mexico with real investments and an adaptive approach, without compromising the trust of our investors,” said Camarena.

He also recalled that the firm has developed parks in Tijuana, Ciudad Juárez and Monterrey, accumulating more than 1.3 million m2 leased and an investment of more than 1.2 billion dollars.

“This base allows the company to diversify its portfolio not only with new developments, but also through strategic acquisitions”.