BTSD invests US$25 million in the northern border and the Bajío

Category: Investment
Published: 2019-08-21
BTSD invests US$25 million in the northern border and the Bajío

MEXICO – The developer of industrial buildings BTSD announced the closure of two investments that together total US$25 million in the Bajío and the northern border, as part of its growth strategy in the coming years.

In Ciudad Juárez, Chihuahua, BTSD closed the acquisition of a five-hectare land in the Independencia I industrial park, where they plan to develop 24,000 square meters of industrial buildings in one or two buildings, according to the needs of the customers.

“With these two operations that represent around 52,000 square meters of industrial spaces, we are growing our managed area by around 10%,” said Pablo Barco, the company’s investment director.

Barco explained that the investment for these two entities is of US$13.5 million for the Bajío region and US$11.5 million for Ciudad Juárez.

BTSD currently has 660,000 square meters of Class industrial warehouse spaces distributed in the cities of Monterrey, Querétaro, Guanajuato, Lerma, the Cuautitlán-Tultitlán-Tepoztlán corridor, and now in Ciudad Juárez.

Source: Centro Urbano