Tijuana EDC Congratulates Its Member Vesta for Completing a 313,410 SF Lease Agreement

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CORPORACIÓN INMOBILIARIA VESTA, S.A.B. DE C.V. ("VESTA"), proud member of Tijuana EDC, announced that its MegaRegion facility will be the new home of Brady’s operation in Tijuana, Mexico.

mexico industrial parks
Good tenant relationship, that’s our business. – E. Laniado,Regional Director at Vesta Industrial Real Estate

The MegaRegion is a stand-alone 313,410 SF manufacturing facility, located south of the city of Tijuana, in an area that is recognized as one of the highest populated with skilled labor that work in surrounding large manufacturing companies.

Tijuana´s industrial real estate offer includes over 50 industrial parks, with more than 58.2 million square feet of pre-owned or new buildings located throughout the city. Most of real estate developers are registered at the Mexican Association of Industrial Parks (AMPIP) its acronym in Spanish).

Vesta Baja California owns 21 buildings in Tijuana and Rosarito for a total of 1.8 million SF.

Brady will join other large Vesta tenants, such as: Flextronics, Thomson, Sharp, Rainbird and Sigmatron.

Constructed to world class specifications, the building features: A 15 MVA Substation; EDPM Roof; 2000 Ton HVAC in production area; 70 Ton HVAC in office area; ESFR Sprinkler System; T-5 lighting and fully furnished office space.

About Brady:

Brady Corporation (Brady) incorporated in 1914, is an international manufacturer of identification solutions and specialty materials that identify and protect premises, products and people.

The company’s products are used in various industries including electronics, telecommunications, manufacturing, electrical, construction, education, and medical.

The Brady Corporation maintains headquarters in Milwaukee, with other operations in the United States, Europe, Asia Pacific, Latin America and Canada. Across these regions, the Company operates three primary business platforms: Identification Solutions, Direct Marketing and Die-Cut.

The Mexico operation in Tijuana started in 2004 and it produces identification bracelets, labels, among other identification solutions. Its main customers are clients within the electronic, automotive and medical industry.

About VESTA:
Vesta is a real estate owner, developer and asset administrator of industrial buildings and distribution centers in Mexico. As of June 30, 2013, Vesta owned 96 properties located in modern industrial parks in 11 states of Mexico totaling a GLA of 12 million square feet (1.2 million square meters). The Company has 84 multinational clients, which are focused in industries such as aerospace, automotive, food and beverage, logistics, medical devices, and plastics, among others.

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Anabel Colunga
since: 05/2011
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Tijuana Mexico Manufacturing
since: 10/2011
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Tijuana Economic Development Corporation

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