Fibra Nova Announces New Lease in Ciudad Juarez

Fibra Nova (FNOVA), a real estate investment trust in Mexico, has signed a seven-year lease agreement for a 163,292 square foot property in Ciudad Juarez.

Fibra Nova expands its presence in Ciudad Juarez with a new lease agreement. Photo: AerialPerspective Works

08/18/2021

Fibra Nova (FNOVA), a Mexican real estate investment trust, has signed a seven-year lease agreement for a 163,292 square feet property in Ciudad Juarez. The company reported in a brief market notice that "the tenant is one of the most important support service companies in northern Mexico, serving various export industry companies in the region."

So far this year, the trust has signed lease agreements for 120,000 square meters, corresponding to industrial buildings dedicated to automotive, appliance, and defense manufacturing, located in the cities of Juarez, Chihuahua, Reynosa, and Hermosillo.

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