NISSAN & VESTA Sign Development Agreement
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.”
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:
>>> Nissan & Vesta Press Release (English) <<<
>>> Nissan & Vesta Press Release (Español) <<<
