FIBRA Macquaire, industrial developer, placed the foundation stone of their first industrial building in Ciudad Juarez, which as an estimated investment of 380 million pesos.

This investment will generate 600 new direct employees and 750 indirect ones.

This industrial building will have two buildings of an estimated size of 20 thousand square meters each.

The industrial building will be built on the Independencia industrial zone, next to plants like Lexmark and Electrolux.

The construction has two stages: the first phase is anticipated to be finished by the second half of 2019 and the second will depend on the commercialization level, but it is expected to be ended during the first half of 2020.

Juan Monroy, director of Fibra Macquaire, shared that they chose Ciudad Juarez to build this industrial complex for its dynamism and the economic development they observed in the region.

“It is an attractive region for us, since it is attractive for our customers.  And the reason of this is that Juarez has qualified workforce, a strong supply network and the proximity of the United States.  It is an important market for us,” said Monrroy.

He added that this industrial building in particular is a reason great pride due to the industrial building being built from zero.

“With this we contribute with our grain of sand to the economic development of the city and the State,” said Monrroy.

Meanwhile, Alejandra de la Vega, secretary of Innovation and Economic Development, underlined that the real estate market in Cd. Juarez is dynamic and competitive, since it nationally occupies the third place in industrial buildings inventory built with 64 million square feet and an availability rate of 6.52 percent.

“It is a very big price seeing how leading companies from the industrial real estate sector as FIBRA Macquarie are betting on it and contribute to the economic development of our city,” ended De la Vega Arizpe.

The two new constructions will join the 46 properties the firm already has in the State, what represents 6 thousand million pesos of investment.