Skip Ribbon Commands
Skip to main content

News release


Industrial Portfolio Brings Investors South of the Border

JLL advises on $302 million sale of industrial portfolio in Mexico


CHICAGO, Jan. 27, 2015 – Investors are crossing borders in their pursuit of top industrial product as JLL’s Capital Markets experts today announced their brokerage of the sale of the Verde Northern Mexico Industrial Portfolio on behalf of IDI Gazeley Brookfield Logistics Properties. Finsa/Walton Street Capital purchased the 35-property Class A portfolio for $302 million.
The transaction was led by International Director John Huguenard, Managing Director Michael Hochanadel and Senior Vice President Sean Devaney of the JLL US team in conjunction with National Director Gerardo Ramírez and Director Alberto León of the JLL Mexico team.

“This portfolio presented investors with the opportunity to acquire scale for one of the most sought after product types,” said Huguenard. “Mexico’s growing economy plus the property’s locations near the United States position the portfolio to benefit from a significant amount of trade between the two countries.”
The portfolio totals 5.7 million square feet with buildings located in Juarez, Tijuana, Reynosa and Chihuahua, Mexico and consists of approximately 446 acres of land. There are 43 different tenants represented across the properties.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2013 alone, JLL Capital Markets completed $99 billion in investment sale and debt and equity transactions globally. The firm’s Capital Markets team comprises more than 1,300 specialists, operating all over the globe.
For more news, please visit The Investor, an online and mobile app news source providing real-time commercial real estate news to asset buyers and sellers around the world.
For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page:


About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $53.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit