TC Latin America Partners and REI, integrate as "Industrial Gate," to lead the nearshoring boom in Mexico
5.9.2023 20:53:00 EEST | Business Wire | Press release
TC Latin America Partners "TC" and Real Estate Investments "REI" announce their vertical integration in Mexico under the new brand "Industrial Gate," consolidating their strategic alliance to capitalize on opportunities in the growing industrial market in Mexico, driven by nearshoring.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230905662108/en/
(Photo: Business Wire)
Since 2021, TC and REI have collaborated on the development and operation of industrial facilities in Mexico. This integration represents a pivotal milestone in optimizing their capabilities and effectively responding to positive market dynamics.
In the first five months of 2023, investments related to business relocation in Mexico surpassed the total recorded in 2022 by 38%, reaching $26 billion dollars. According to the Nearshoring Observatory by Datamétrica-Aporta, the construction of industrial parks and warehouses ranked third in terms of the highest committed investment amounts as of May 2023. This is attributed to the high demand for industrial spaces driven by companies seeking to relocate their production, encountering a significant shortage of available spaces.
The "Industrial Gate" strategy is focused on acquiring and developing Class A industrial properties, specializing in built-to-suit asset development. REI brings its operational and development expertise to TC's team in Mexico, along with extensive market knowledge. Notably, excellence is emphasized in all stages of the process, from development to asset disposition, leveraging TC's experience as an institutional asset manager.
Since their first joint investment in 2021, "Industrial Gate Escobedo," an industrial park located in Monterrey, notable synergies have been cultivated within the teams. As of the third quarter of 2023, the portfolio comprises 10 industrial buildings with 3.4 million square feet of gross leasable area (GLA), housing tenants such as Foxconn, DHL, and Forvia; additionally, the portfolio has a land reserve with the potential to develop approximately 1.5 million square feet of additional GLA.
The integration of TC and REI as "Industrial Gate" marks a significant milestone in Mexico's industrial landscape. Together, they will be able to seize the market opportunity generated by nearshoring, establishing a differentiated strategy focused on meeting the needs of tenants and investors.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230905662108/en/
Contact information
Jeimy De los Santos
contenido@labya.com
+1.809.712.5123
LABYA | Consultoría Estratégica
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Grid Dynamics Scales Hyper-Personalization for Galeries Lafayette; Drives 7% Revenue Increase via AI-Powered Search and Merchandising20.4.2026 23:05:00 EEST | Press release
Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a premier AI transformation partner for the Fortune 1000, today announced the successful deployment of a hyper-personalized digital shopping experience for Galeries Lafayette, the iconic French department store. By integrating Google Vertex AI Search for Commerce with the proprietary Grid Dynamics Merchandising Experience Platform (MXP), the retailer has modernized its search, navigation, and recommendation engines across its web, client, and seller applications. The initiative addressed significant challenges posed by a legacy search stack that struggled to manage a vast catalog of 600,000 products, including 350,000 from third-party marketplaces. This complexity often led to poor search relevance and high manual workloads for merchandising teams. The new platform provides a tailor-made experience for each visitor, leveraging real-time data ingestion to ensure accurate product availability and pricing. During peak commerci
Grid Dynamics Scales Hyper-Personalization for Galeries Lafayette; Drives 7% Revenue Increase via AI-Powered Search and Merchandising20.4.2026 23:05:00 EEST | Press release
Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a premier AI transformation partner for the Fortune 1000, today announced the successful deployment of a hyper-personalized digital shopping experience for Galeries Lafayette, the iconic French department store. By integrating Google Vertex AI Search for Commerce with the proprietary Grid Dynamics Merchandising Experience Platform (MXP), the retailer has modernized its search, navigation, and recommendation engines across its web, client, and seller applications. The initiative addressed significant challenges posed by a legacy search stack that struggled to manage a vast catalog of 600,000 products, including 350,000 from third-party marketplaces. This complexity often led to poor search relevance and high manual workloads for merchandising teams. The new platform provides a tailor-made experience for each visitor, leveraging real-time data ingestion to ensure accurate product availability and pricing. During peak commerci
Lattice Collaborates with TI to Accelerate Edge AI for Robotics and Industrial Applications20.4.2026 23:00:00 EEST | Press release
Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that the company is collaborating with Texas Instruments (TI) to simplify sensor integration and to scale real-time edge AI systems. The combination of TI’s sensing technologies and the Lattice Holoscan Sensor Bridge solution, based on Lattice low power FPGA technology, will provide developers with a flexible hardware foundation for synchronized, low latency sensor data pipelines in advanced robotics and industrial applications. The collaboration demonstrates a real-time AI sensor fusion architecture that integrates TI mmWave radar and camera sensors using NVIDIA Holoscan Sensor Bridge running on Lattice’s low power FPGA. The FPGA acts as a companion chip delivering synchronized sensor data directly into GPU-accessible memory to enable low latency and robust perception for robotics and industrial edge AI applications. “As edge AI systems scale, developers need flexible platforms that simplify senso
Lattice Collaborates with TI to Accelerate Edge AI for Robotics and Industrial Applications20.4.2026 23:00:00 EEST | Press release
Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that the company is collaborating with Texas Instruments (TI) to simplify sensor integration and to scale real-time edge AI systems. The combination of TI’s sensing technologies and the Lattice Holoscan Sensor Bridge solution, based on Lattice low power FPGA technology, will provide developers with a flexible hardware foundation for synchronized, low latency sensor data pipelines in advanced robotics and industrial applications. The collaboration demonstrates a real-time AI sensor fusion architecture that integrates TI mmWave radar and camera sensors using NVIDIA Holoscan Sensor Bridge running on Lattice’s low power FPGA. The FPGA acts as a companion chip delivering synchronized sensor data directly into GPU-accessible memory to enable low latency and robust perception for robotics and industrial edge AI applications. “As edge AI systems scale, developers need flexible platforms that simplify senso
Inspirit Capital to Acquire Kaplan Languages Group20.4.2026 18:15:00 EEST | Press release
Inspirit Capital, a specialist investor in corporate carve-outs, is pleased to announce its plans to acquire KLG Kaplan Languages Group (“KLG”), a leading global language education platform, from Kaplan. All conditions for the sale have been met, and completion is due to take place on 1 May. KLG comprises Kaplan International Languages, Alpadia Language Schools, Azurlingua, and ESL Education. Since 2006, KLG has provided high-quality language education, supporting students in achieving their language goals through academic excellence, cultural immersion, and life-changing experiences. Inspirit Capital will support KLG in delivering on its ambitious growth plans, whilst continuing its fundamental mission to transform lives through language education. This next phase of ownership will also see the development of a refreshed standalone brand identity for KLG, with further announcements to follow on this in due course. Paul Youens, Investment Director, Inspirit Capital: “KLG has built a st
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom