Mexico City. The expansion of industrial parks in Mexico is expected to see five years of “very high activity” due to the effect of supply chain relocation or ‘nearshoring,’ according to Sergio Argüelles, outgoing president of the Mexican Association of Industrial Parks (AMPIP).

In an interview with EFE, Argüelles mentioned the issuance of the fifth bond by the industrial real estate company Finsa, which he leads, raising up to 600 million dollars to integrate a diversified portfolio of industrial parks in 12 out of Mexico’s 32 states and seven key industrial corridors.
These include locations near the United States border, such as Monterrey in Nuevo León, Saltillo in Coahuila, Ciudad Juárez in Chihuahua, the Tijuana-Mexicali corridor in Baja California, the Bajío region from Aguascalientes to Querétaro, as well as Mexico City and the surrounding areas of the central region.

Finsa’s executive, one of the leading industrial warehouse builders in Mexico, explained that as of December 29th, they had raised 340 million dollars, and they expect to reach the goal of 600 million dollars in less than 60 days, with a 10-year term.

Argüelles detailed that this is due to the “extraordinary activity driven by nearshoring and, obviously, the positive reception of Mexican manufacturing.”