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Joint Venture Cartro Leases Manufacturing Space in Mexico City

MEXICO CITY-Cardboard maker also occupies 70,000 at another industrial space in another location in Mexico City.

By David Phillips | Updated on September 18, 2013

MEXICO CITY-Newmark Grubb Mexico City has successfully negotiated a lease for Cartró S.A.P.I. de C.V. to establish an advanced corrugated sheet and box-making plant on the outskirts of Mexico City.

The agreement secures the 251,251-square-foot manufacturing space in Tepotzotlán, Mexico, for a 15-year term. Cartró is a joint venture between Corrugated Synergies International, a corrugated packaging company based in Renton, WA, and CEMSA (Carton y Empaques, S.A.), a Mexican cardboard manufacturer that currently occupies 70,000 square feet of industrial space at another location in Mexico City.

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