Inmobiliare’s “Mexico, Facing a Challenging Evolution” (by Oscar Franck Terrazas, FRICS)
![Inmobiliare 2](<a href="https://irvaluation.com/wp-content/uploads/2013/07/Nissan-logo.jpg"><img class="alignleft wp-image-887" style="margin: 10px;" alt="Nissan logo" src="https://irvaluation.com/wp-content/uploads/2013/07/Nissan-logo-300x254.jpg" width="210" height="178" /></a>Japan's leading automotive manufacturer, Nissan, and one of Mexico's top industrial real estate developers, Vesta, recently signed an agreement to develop the Douki Seisan Park (DSP). To be located within Nissan's new $2 billion manufacturing complex in Aguascalientes, Mexico, scheduled to begin operations at the end of 2013, the DSP project will link automotive suppliers to the production plant. The first phase has an estimated cost of $57 million and will eventually consist of five buildings totaling 1.6 million square feet to be situated on 140 acres. Armando Avila, Vice President of Manufacturing for Nissan Mexicana states, “We are making history in Aguascalientes with the development of a second state-of-the-art, US$2 billion manufacturing complex that will deliver quality vehicles to many markets around the world. Nissan's suppliers are key players in this expansion and investment story. Through their presence at the Douki Seisan Park, we will collaborate shoulder-to-shoulder in closely timed, innovative manufacturing processes.” <a href="https://irvaluation.com/wp-content/uploads/2013/07/Vesta-logo.jpg"><img class="aligncenter size-medium wp-image-888" alt="Vesta logo" src="https://irvaluation.com/wp-content/uploads/2013/07/Vesta-logo-300x86.jpg" width="300" height="86" /></a> All of us at IRV, Inc., would like to convey our appreciation for the trust and selection of IRV de Mexico to provide Vesta with market analysis and valuation of their portfolio on a quarterly basis. We are very proud and feel honored to be a part of this success story. Click on a title below to view the recent press release: <h2 style="text-align: center;"><strong>>>> <a href="https://irvaluation.com/wp-content/uploads/2013/07/Nissan-Press-Release-English.pdf">Nissan & Vesta Press Release (English)</a> <<<</strong></h2> <h2 style="text-align: center;"><strong>>>> <a href="https://irvaluation.com/wp-content/uploads/2013/07/Nissan-Press-Release-Spanish.pdf">Nissan & Vesta Press Release (Espa</a></strong>ñ<strong><a href="https://irvaluation.com/wp-content/uploads/2013/07/Nissan-Press-Release-Spanish.pdf">ol)</a> <<<</strong></h2> ){kind=logo}
International Realty Valuation’s founding partner and President of IRV De Mexico, Oscar Franck Terrazas, FRICS, is honored to have authored one of this month’s featured articles in Mexico’s leading real estate magazine, Inmobiliare. The article, entitled “Mexico, Facing a Challenging Evolution,” delves into the challenges facing México as it evolves into a new national model.
Alliances with the Real Estate Developers Association (IDA), the Urban Land Institute (ULI MEXICO), the International Council of Shopping Centers (ICSC), and the Mexican Association of Private Industrial Parks (AMPIP ), as well as a panel of qualified professionals in the real estate industry, enable Inmobiliare to serve as a highly effective means of networking amongst key market participants.
To read Oscar’s informative article, click on the link below followed by the Online Shopping icon in the bottom left corner to register for the complimentary PDF version of Issue 80. The English version of the article is located on Page 58, and the Spanish version can be found on Page 54.
>>> Inmobiliare – Issue No. 80 <<<
Also of interest is an informative section on Pages 120-122 highlighting Vesta’s “park-to-suit” development approach that effectively captures specific supply chain sectors. Vesta is one of Mexico’s top industrial developers who has selected IRV de Mexico to provide a market analysis and valuation of their portfolio on a quarterly basis.
