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GlobeSt.com EXCLUSIVE: Maquiladora Projects Bringing 1.6 Mil SF

HOUSTON-More US companies turn south of the border as plans unfold for an aggregate 1.6 million sf of Mexico manufacturing sites. The commitments will come on the heels of a 225,000-sf lease inked by CB Richard Ellis' maquiladora specialist.

By Jennifer Brenner Andrade | Updated on September 12, 2001

HOUSTON-Three more US companies will soon commit to another 1.6 million sf of maquiladora development in Mexico, GlobeSt.com has learned.

Tom Boyd, a first vice president of international properties for CB Richard Ellis Inc. in Houston, is representing the companies that have turned south for their manufacturing locations. He tells GlobeSt.com that northwest Mexico is ticketed for a 1.3 million-sf build-to-suit for a US manufacturer. Boyd says commitments will be signed, sealed and delivered in a month. Simultaneously, another manufacturer will shore up its commitment for an 81,000-sf build-to-suit in central Mexico. In Tijuana, a 200,000-sf maquiladora project in on the drawing boards, he confides.

Just recently in Reynosa, Mexico, Boyd completed a 225,000-sf lease for a soft drink dispenser factory. Boyd’s specializes in maquiladoras. And, he handles every facet from site selection through construction spec translation to financing.

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