We represented Advance Real Estate in the acquisition of eight industrial buildings located in Queretaro and Toluca from Corporación Inmobiliaria Vesta for a total purchase price of USD$109.3 million. Vesta will continue to act as asset manager for the portfolio. The transaction closed after receving the regulatory authorization from the Mexican Antitrust Commission (Comisión Nacional de Competencia Economica).
Advance Real Estate Acquisition
Authors:
CJ
Carlos Jimenez
FM
Fernando Molina
CA
Carlos Ahumada
IS
Imanol Sánchez-Mújica
HIGHLIGHT10 January 2020