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Finsa Acquires Portfolio in Monterrey for 2.6 Million Dollars
- FINSA, a Mexican developer of industrial parks, has acquired 4,987 square meters in the industrial zone of Escobedo municipality for 53.7 million pesos (2.6 million dollars), further solidifying its development plans.
12/15/2020
In order to strengthen its development plans and meet market demand, FINSA, a Mexican developer of industrial parks, has acquired 4,987 square meters within the industrial zone of Escobedo municipality for a sum of 53.7 million pesos (2.6 million dollars).
The company indicated that in recent years, Escobedo has demonstrated sustained growth as a sub-market.
"This is due to its initiation of a transition and product renewal process with new developments. Today, Escobedo represents almost 10 percent of the total industrial market size in the Metropolitan Area of Monterrey."
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