{"id":1004195667,"date":"2017-11-01T06:39:47","date_gmt":"2017-11-01T14:39:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004195667"},"modified":"2022-12-08T16:53:52","modified_gmt":"2022-12-09T00:53:52","slug":"hines-to-break-ground-on-mexico-city-logistics-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hines-to-break-ground-on-mexico-city-logistics-center\/","title":{"rendered":"Hines to Break Ground on Mexico City Logistics Center"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004195671\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/Mexico-City.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004195671\" data-attachment-id=\"1004195671\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hines-to-break-ground-on-mexico-city-logistics-center\/mexico-city\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/Mexico-City.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"El Convento CityPark in Mexico City,\" data-image-description=\"\" data-image-caption=\"&lt;p&gt; El Convento CityPark in Mexico City,&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/Mexico-City.jpg?w=800\" class=\"wp-image-1004195671 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/Mexico-City.jpg\" alt=\" El Convento CityPark in Mexico City,\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/Mexico-City.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/Mexico-City.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/Mexico-City.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004195671\" class=\"wp-caption-text\">El Convento CityPark in Mexico City<\/p><\/div>\n<p>After selling\u00a0a 2.9 million-square-foot portfolio of\u00a0industrial and <a href=\"https:\/\/www.commercialsearch.com\/news\/grupo-igs-snags-3-msf-mexico-industrial-portfolio\/\">logistics assets in Mexico<\/a> to Grupo IGS, Hines began work on Phase One of El Convento CityPark in Mexico City, Mexico, a logistics park development in the CTT submarket.\u00a0Hines has selected Abitat as its general contractor for the project.\u00a0Construction is\u00a0set to begin\u00a0by the end of 2017, with the first two buildings scheduled for completion in the second quarter of 2018.\u00a0<\/p>\n<p>Phase One of CityPark comprises three buildings, totaling more than 1 million square feet, which will offer newly constructed cross-dock and front-load configurations available for lease upon completion.\u00a0Convento CityPark will\u00a0feature a total of\u00a0eight buildings and\u00a0more than 1.7 million square feet of Class AAA logistics and distribution space.\u00a0<\/p>\n<p><em>\u201cWe are extremely excited to begin the development of CityPark,\u201d<\/em> said Hines Director Daniel Manos, in prepared remarks. <em>\u201cThe project enjoys immediate access to Highway 57 inside the toll booth at Tepotzotlan and features 32-foot clear heights and multiple building configurations, including a 50,000-square-meter [538,195-square-foot] cross-dock building.\u00a0As with all Hines industrial\/logistics developments, we are including tenant amenities\u2014in this case a multi-use sports field. The park offers the best access in the market along with top-of-market building specs, truck queuing and trailer storage.\u201d<\/em><\/p>\n<p><em>Image courtesy of Hines<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phase One of Convento CityPark comprises three buildings, totaling more than 1 million square feet, which will offer newly constructed cross-dock and front-load configurations.<\/p>\n","protected":false},"author":746,"featured_media":1004195671,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,16,21742],"tags":[32797],"class_list":["post-1004195667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-international","category-latest","tag-hines"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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