Since the supply chain disruptions of the pandemic and during the ongoing decoupling with China, manufacturers have been reshoring overseas facilities.
Not all of these operations are coming back to the United States. Increasingly, many are "nearshoring"—putting manufacturing and logistics facilities in Mexico.
A Mexico City-based developer has tapped Cushman & Wakefield to find an equity investor to help build a $1.7B cluster of manufacturing and logistics projects in several locations beginning with Tijuana and Monterrey, according to a Green Street alert.
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