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Mexican industrial real-estate prospects are positive looking five years out according to expert.
EL PASO, TX, April 01, 2014 /24-7PressRelease/ -- The Tecma Group of Companies recently engaged Rafael McCadden, director of industrial and logistics, at Colliers International in Mexico City in a conversation on the topic of current trends in the Mexican industrial real-estate market.
The industry expert predicts that the Mexican industrial real-estate market will be a vibrant one over the course of the next five years. According to him, this will be driven, in large part, due to the impressive continuing expansion that is taking place in the Mexican automotive industry, particularly in the region of the country that is known as the "Bajio." This is an area that consists of the states that are in proximity to Mexico City that includes Aguascalientes, San Luis Potosi, Guanajuato and Queretaro.
During the discussion about the Mexican industrial real-estate market, Rafael McCadden observed that, "What's happening in the industry is that a lot of the tier one, tier two, and even tier three suppliers are moving in to do just-in-time sequencing for OEM plants. The new plants in the area are mostly Japanese in origin such as Nissan, Honda and Mazda. The last of which has a JV with Toyota, but also south of Mexico City there's a new Audi project is in the works."
About Colliers International
Colliers International is a leader in global real estate offering comprehensive services to investors, property owners, tenants and developers around the world. Colliers professionals in 482 offices worldwide are united by their spirit of enterprise--they take initiative, think creatively, collaborate to achieve and use their expertise to innovate.
About The Tecma Group of Companies
The Tecma Group of Companies, Inc., headquartered in El Paso, Texas provides services that have enabled firms from a wide range of industries to establish and maintain production facilities in Ciudad Juarez, Mexico and beyond, for almost three decades. Under its Mexico Shelter Manufacturing Partnership (MSMP) companies control and focus on their core manufacturing functions, while Tecma tends to their human resource, payroll, accounting, logistics, and other needs that, although important, are not part of the manufacturing process.
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