Prologis completed the sale of three fully leased, Class‑A industrial buildings in Monterrey, Toluca and Ciudad Juárez for a total of $67.1 million, including closing costs. The 540,000 sq ft portfolio was 100 % occupied and leased in U.S. dollars to tenants in the sporting‑goods, consumer‑packaged‑goods and logistics sectors.
The transaction expands FIBRA Prologis’s holdings to 515 properties and 87 million sq ft, reinforcing its position as a leading owner and operator of high‑quality industrial real estate in Mexico. The acquisition deepens the company’s presence in three key industrial markets and adds a diversified tenant mix that supports stable cash flows.
Prologis is reallocating the proceeds to accelerate its data‑center and energy‑infrastructure initiatives, a core component of the company’s long‑term growth strategy. Prologis plans to invest $8 billion over the next four years in data‑center construction and is exploring nuclear, natural‑gas and solar power sources to support those facilities. The divestiture of the Mexican assets frees capital while maintaining a strong, fully leased portfolio that can be leveraged for future growth.
In its most recent earnings, Prologis reported a Q3 2025 non‑GAAP EPS of $1.49, beating analyst estimates by $0.24 (about 16 %). The beat was driven by disciplined cost management and a favorable mix of high‑margin data‑center leases, offsetting a modest decline in traditional logistics revenue. The company’s core FFO per diluted share rose to $1.50 in Q4 2024, reflecting continued demand for industrial space in the U.S. and Mexico.
CEO Hamid Moghadam emphasized that the sale aligns with Prologis’s strategic pivot toward high‑growth digital infrastructure. “By divesting these fully leased assets, we free up capital to invest in data‑center projects that generate higher returns and support the company’s long‑term value creation,” he said. “The transaction also strengthens our balance sheet and positions us to capture the near‑shoring and e‑commerce momentum in Mexico.”
The sale underscores the broader near‑shoring trend that is reshaping the industrial real‑estate landscape. As U.S. manufacturers and e‑commerce firms expand operations in Mexico, demand for high‑quality, fully leased industrial space remains robust. FIBRA Prologis’s acquisition positions it to benefit from this trend, while Prologis’s capital redeployment signals confidence in the data‑center market’s growth prospects.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.