The real estate developer FINSA will invest US$500 million to acquire up to 70 industrial warehouses across Mexico, as part of a strategy to strengthen its presence in the country’s key industrial corridors.
“We want to be a strategic partner for companies looking to grow, diversify, or invest in new capabilities. This model allows them to convert fixed assets into available capital without losing operational control, creating immediate opportunities to modernize, expand, or strengthen their market position,” says Sergio Argüelles, CEO, FINSA.
Amid a challenging environment for the industrial real estate sector, FINSA reaffirms its commitment to Mexico’s sustainable growth through the acquisition of stabilized industrial properties and an innovative Sale and Lease Back model. This model allows companies to free up capital by selling their real estate assets while retaining operational control through customized lease agreements. The Sale and Lease Back model has gained traction in industrial markets as a key financial tool, enabling businesses to improve financial indicators, reduce leverage, and increase flexibility without disrupting operations.
With over 48 years of experience, FINSA is focusing on acquiring stabilized industrial properties in both primary and secondary markets as part of the government’s Plan México. Backed by an initial investment of US$500 million, which could potentially increase to US$1 billion, this strategy is reinforced by a strategic alliance with BBVA México.
The investment plan includes the acquisition of up to 70 industrial buildings, with 61% designated for manufacturing and 39% for logistics. Properties will be strategically located across key industrial corridors such as Monterrey-Saltillo, Tijuana, the Bajio region, and Central Mexico.
Mexico’s industrial real estate market spans over 100 million m², valued at about US$76 billion. According to JLL, industrial availability in Northern Mexico stands at just 5%, with annual rent increases of 11.7%. Nationally, the vacancy rate holds at 6%, with rental prices rising by 13.7% in 2024.
FINSA will focus on strategic markets that are vital for nearshoring and advanced manufacturing, including: Baja California, Chihuahua, Tamaulipas, Nuevo Leon, Coahuila, Jalisco, State of Mexico, Mexico City, Puebla, Queretaro, Aguascalientes, and Guanajuato.
Despite commercial uncertainty driven by US President Donald Trump’s tariff policies, FINSA remains optimistic about Mexico’s strategic role in global supply chains. “Mexico continues to be a key country for manufacturing in North America,” says Argüelles to Econohábitat.
While the industrial real estate sector saw its weakest quarter in a decade in early 2024 in terms of occupancy and new construction, FINSA expects a recovery in the second half of 2025. “Last year, Monterrey alone absorbed 1.8 million m² of industrial space. This year, we have only reached about 10% of that so far, but the environment is clearly shifting — companies are beginning to move forward with projects,” says Argüelles.
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