Meor lays the first stone of HubsPark Juárez; its fifth industrial park in the country

Taking advantage of the current advantages that Mexico has on the issue of relocation of supply chains, the T-MEC and the value of regional content in the automotive sector. Meor , the industrial real estate fund, continues to support the country's growth by developing world-class infrastructure for the installation of more companies. 

With an investment of 1,100 million pesos in a first stage, the first stone of what will be its second industrial park in Ciudad Juárez was laid; HubsPark Juárez . 

This new industrial park, which is expected to be finished in 13 months, is designed to house companies with logistics and manufacturing operations, having a high degree of environmental commitment. 

During the ceremony, Javier Camarena, CEO of Meor , commented that the nearshoring  phenomenon has brought dizzying growth and historic opportunities to Mexico. 

“With the help of the entire ecosystem here, construction, private and public sectors, we were able to provide infrastructure solutions to take advantage of these opportunities. It is the second project in Ciudad Juárez since the entity is a leader in the country as it is the spearhead in the infrastructure of industrial parks”. 

Meor has been developing real estate projects throughout the country for  15 years and recently announced the construction of eight more industrial parks, with an investment of 5,000 million pesos.

In this sense, Jonathan Pomerantz, CIO of Meor , indicated that this event is symbolic for the company since it is the first stone of the fifth project in Mexico. 

“When we started the developments, the term nearshoring didn't sound like much, but now the opportunity in the country is incredible. A lot of development is required, since it is estimated that there is a deficit of 11 million m2 that is lacking in the country to meet the needs. At Meor we are focused on growth and development to take advantage of nearshoring and give the Republic a boost”. 

In the first stage of the project, which promises to be one of the largest with 150,000 square meters of land and 71,000 square meters of constructed area, divided into two class A warehouses for manufacturing and logistics companies. Warehouses with almost 36,000m2 can be divided into up to four blocks for different companies.

For his part, Guillermo Montano, CEO of Mobiliare Latam, stressed that "Mexico is fundamental to the group's diversification and growth strategy, we are already committed to developing more than 125,000 m2 for our clients in the country and we hope to exceed that figure. The stability of the industrial sector, the strength of its economy, and real estate growth opportunities support our focus on continuing to trust and invest in Mexico. We thank the authorities for the constant support they have given us and the confidence in our projects”.

Based on data from the Ministry of Economy, 17 billion pesos arrived in Mexico for nearshoring in the country in 2022, and Ciudad Juárez registered, for the first time, more investment than Tijuana.