FIBRA Macquarie México announced the signing of an approximately 17,800 square meter (191,400 square foot) lease in Reynosa, with Hanesbrands Inc., through its subsidiary GFSI Southwest, a manufacturer of decorated apparel.
The lease agreement between FIBRA Macquarie and Hanesbrands Inc. has a term of 5 years. Juan Monroy, CEO of FIBRA Macquarie, said: “With the signing of this lease, the occupancy rate of our portfolio in Reynosa is at nearly 95%, and we welcome clients such as GFSI as they seek to grow their operations in Mexico, supported by our properties and team.”
GFSI Southwest, a subsidiary of Hanesbrands Inc. in Mexico, decided to expand its operations to FIBRA Macquarie’s facility due to the strategic benefits the location offers. Its proximity to the border enables GFSI to support the distribution of its Champion and Gear for Sports apparel in the United States.
Source: /Fibra Macquarie