Industrial Realty Group Expands Footprint in Mexico with 2 Million Square Feet Acquisition

Industrial Realty Group Expands Footprint in Mexico

The Industrial Realty Group, LLC (IRG), recognized as one of the largest owners of commercial and industrial properties in the United States, is driving its international expansion strategies forward. As per their recent announcement on January 28, 2025, the company has substantially grown its portfolio by acquiring various industrial sites throughout Mexico, spearheaded by its subsidiary, Industrial Realty Mexico (IRM).

In 2024, IRG has made significant investments, securing a total of 10 properties spread across cities like Queretaro, Celaya, Hermosillo, Matamoros, Nuevo Laredo, Tultitlan, and Acatlan. This acquisition encompasses over 2 million square feet of total space, illustrating the company’s goal of not just enhancing their property portfolio but also revitalizing local economies through strategic developments.

According to Justin Lichter, Chief Investment Officer at IRG, "IRG is at the forefront of industrial owners and developers in the U.S. We see Mexico as a prime opportunity to expand our expertise in redevelopment and leasing to a new market." He believes that Mexico presents a lucrative exposure given its status as a major export market for U.S. goods. The strategic position of IRG's investments is expected to flourish alongside the rising demand for industrial spaces that cater to both domestic and international logistics needs.

The newly acquired properties offer substantial developable acreage, poised to stimulate local business activities and potentially create jobs. This aligns with IRG's strategic vision of fostering economic growth not just for the company, but importantly, for the communities they operate within. By maximizing synergies, IRG aims to enhance operational efficiencies for businesses looking to establish or expand their footprint in the region.

Furthermore, the company is actively exploring additional international investment opportunities, building on the success experienced in Mexico. IRG plans to announce further acquisitions in early 2025, potentially marking a significant milestone in their growth strategy. Through such initiatives, IRG is committed to shaping the landscape of industrial real estate both locally and internationally.

To inquire about these projects or potential leasing opportunities, interested parties can visit Industrial Realty Mexico. Justin Lichter is available for discussions on acquisitions and leasing opportunities via direct contact.

About Industrial Realty Group

IRG operates as a nationwide real estate development and investment firm, specializing in the acquisition, development, and management of commercial and industrial real estate across the United States. Currently, they manage a staggering portfolio of over 150 properties across 31 states, translating to more than 100 million square feet of rentable space. They are recognized nationally for their innovative approach to adaptive reuse in real estate, tackling some of the most significant challenges in the commercial and industrial property sectors. For more information, visit Industrial Realty Group.