Borderlands Mexico: Developer bullish on industrial real estate on border

Capt. John

As nearshoring attracts more manufacturers to prime sites in Mexico, real estate firm Meor is betting big on continued demand for industrial space along the border.

Meor, a real estate developer based in Mexico City, announced its search for U.S. equity partners to help fund a $1.7 billion plan to develop a multiphase portfolio of 13 industrial projects along the U.S.-Mexico border.

The developer hired Chicago-based Cushman & Wakefield (NYSE: CWK) to help it find equity partners to fund the...

https://www.freightwaves.com/news/borderlands-mexico-developer-bullish-on-industrial-real-estate-on-border

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