O'Donnell Invests $116.28 MD in Purchase of Industrial Property
- O'Donnell Capital Management acquires land and buildings in Mexico City for $116.28 million.
- The property has 91,000 square meters of rentable area and strengthens the fund's presence in the industrial real estate sector of the city.
By: SiiLA News & SiiLA News
O'Donnell Capital Management has announced the formal acquisition of a property and construction site in Mexico City, with an investment of approximately $116.28 million.
The private equity fund specializing in industrial real estate confirmed the completion of the deal on November 29th for the complex located in the Gustavo A. Madero borough, known as O'Donnell Vallejo.
According to the company's statement filed with the Mexican Stock Exchange, the property offers around 91,000 square meters of rentable area, further strengthening the fund's presence in the thriving industrial real estate sector. This sector has experienced significant growth in recent years due to the reconfiguration of supply chains and the increased focus on nearshoring initiatives.
This acquisition showcases O'Donnell Capital Management's commitment to expanding its portfolio and capitalizing on the rising demand for industrial real estate in Mexico City.
The strategic location and ample space of the property make it an appealing asset for industrial tenants seeking efficient and well-positioned facilities.
This investment aligns with the ongoing trend of companies restructuring their supply chains and seeking suitable industrial properties to support their operations in the region.
Read the full article (in Spanish). Link
