Hero Hero

Search Articles

SIOR Report magazine articles (2019 to current issue) can now be filtered by issue, topic, or department using the drop-downs below.

Injection Molding Company Build-to-Suit

Jan 22, 2021, 10:55 AM
Subtitle : Behind the Deal - Tijuana Case Study
Member i ds : 65101
Select a Type. : Article
SIOR members close big deals in a big way. Select transaction case studies are featured in the SIOR Report so readers can learn both about and from the expertise of our members.

Injenction Molding 2 (1)


Date: November 2018

Transaction Type: Lease

Property Type: Industrial

Size: 56,370  square feet

Price: $1,635,565 USD

Client Objectives

To keep up with their competition, an injection molding company from Los Angeles was looking to expand and relocate part of its operation into Mexico. It encompassed over a year of planning to fully understand the costs and steps associated with moving part of an operation into a foreign country.

The client was introduced to several shelter operators before selecting one. These shelter companies are one way to expedite setting up a new operation and are legal entities fully established and registered in the Mexican government. They offer clients a chance to visit one of their entities with all of the proper permits in place to start operations right away. Shelter operators also help client compliance with local, state, and federal governments, hiring and labor-related issues, logistics, import-export, etc.

Once the client chose their shelter, the site selection began for a 40,000-60,000 square foot building.

Transaction Profile

It was important that the building was multi-tenant to allow future expansion capabilities, however, with less than 3 percent vacancy in Tijuana, there were limited existing buildings that met the client’s criteria.


Atisa provided the option for a build-to-suit that would expand into another lot inside their park, in the case of future growth.

Atisa also expedited the construction of one of their buildings that were under construction in order to meet the high season.


Arturo Valdes, SIOR

Christian Carrillo, SIOR

Categories :
  • Behind the Deal
  • SIOR Report
Behind the Deal
Related authors
Related Articles