Odonnell: Competitive +

O'Donnell is one of the top industrial developers in Mexico. Since 1996, O'Donnell - Mexico has developed, acquired and actively manages more than 1.1 m2 (11.7 million SF) of industrial properties. These are strategically located in12 markets throughout Mexico, and more than US$390 million has been invested. Since 2005, O'Donnell – Mexico has grown more than 50%, on average, in same-store income, investment and square meters developed.

Major investment partners and debt service providers include Prudential Real Estate Investors, GE, JP Morgan, and Citibank. O'Donnell – Mexico is a full service, value-added industrial real estate developer.

It invests in major distribution hubs and manufacturing centers in Mexico that are either supplyconstrained, or are unique by virtue of their location and/or infrastructure. O'Donnell has a range of warehouses with immediate availability in our institutional-quality industrial parks throughout Mexico. The year 2011 was a tough year for the real estate industry.

In concern to O'Donnell, it went in a very positive direction, as explained by David O'Donnell, President and CEO of the O'Donnell Group. He said: "We had quite a successful year leasing space and renewing clients. We reduced our vacancy rate by approximately 50% throughout 2011." O'Donnell has a successful co-investment program with Prudential Financial, Inc. (NYSE:PRU), with the aim of building and acquiring industrial properties throughout Mexico.

O'Donnell was its first and continues to be its biggest industrial partner. "We have had a productive and mutually beneficial relationship since 2003," explained David O'Donnell.

"From 2003 to 2008 we grew our portfolio by 50% annually in income and new construction. Since 2009," he continued, "similar to the entire industrial real estate industry in Mexico, we worked diligently to add value to our portfolio by improving our client's experience, leasing properties and expanding our clients occupied space." Developing built-to-suits can be a complicated process.

Their professional team will handle the construction, financing and management of a project designed to meet unique client needs making it simple by clearly defining and meeting client expectations. This includes offering an inventory of suitable sites that are ready to build while drawing upon an experienced construction team and also providing responsible property management.

O'Donnell has developed 10 BTS projects to date with clients including: Arvin Meritor, Chemetall, Degussa, and Diehl Controls.There are also Kuehne + Nagel, LG, Magna, Mattel, plus Sabritas and Timken.

Among the latest news announced by O'Donnell is the immediate availability of two speculative buildings in Ciudad Juarez. Also, important companies have signed as O'Donnell tenants such as Sucroliq leasing in Apodaca, Monterrey; Electrolux has leased Cross Dock in Cuautitlan; Enlace Comercial El Horizonte has leased in Toluca; and Yanbal now has a lease in Toluca.

"On the manufacturing side," Mr. O'Donnell observed, "Mexico will continue to represent a primary and strategic manufacturing platform for the U.S. and also for those foreign companies wanting to access the market." He went on to summarize: "On the logistics side, companies will continue to improve, grow and relocate to maximize the competitiveness of their supply chain. Next year, in O'Donnell we will continue to successfully lease vacant space, expand space for existing clients and execute Build-to-Suits in strategic markets."