Iberdrola partners with 14 Spanish law firms in an unprecedented pro bono initiative
The project’s commitment to society, “Building Together,” will offer legal services, tax advice and training to social organizations free of charge.
Walton Street Capital acquires Mexico’s Advance Real Estate
An affiliate of US private equity firm Walton Street Capital has completed the acquisition from Public Sector Pension Investment Board of Advance Real Estate, an industrial and logistics real estate development and operating company in Mexico.
Posted lundi, août 14 2023
Advance Real Estate has a portfolio of 61 Class A industrial buildings with over 10.4 million square feet of gross leasable area and over 13.6 million square feet of land for industrial development, with the capacity to develop approximately 6.5 million square feet of additional gross leasable area.
Since 2010, investment vehicles with participation of affiliates of Walton Street México have acquired or developed over 48 million square feet of industrial real estate in over 200 separate properties.
With this acquisition, the current industrial portfolio in Mexico held by affiliates of Walton Street totals over 22 million square feet of industrial gross leasable area, distributed across 133 buildings and land.
This represents a geographically diversified portfolio with a presence in 15 major industrial markets in México.
Mexican law firm Ritch Mueller y Nicolau acted as local counsel to Public Sector Pension Investment Board , with a team led by partners Jean Paul Farah Chajín and Gabriel Eduardo Torres Escoto, and who were assisted by Alejandra López Martínez, Ana María Guerrero Rivera, Anitza Velázquez Márquez, Ashley Giselle Manchame Cabrera, Diego Rodríguez Rodríguez, Guillermo Enrique Parra Arteaga, Luis Enrique Juárez García, Luis Fernando Díaz Simón Sánchez
Navarro, Manola Giral Serra, Marta Loubet Mezquita, Nicolás Cárdenas Hernández and Sebastián Moreno Sánchez.
Fried, Frank, Harris, Shriver & Jacobson acted as US counsel to the seller, Greenberg Traurig acted as Mexican counsel to the buyer, and as US counsel to the buyer.
Iberdrola partners with 14 Spanish law firms in an unprecedented pro bono initiative 
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