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MEXICO CITY-In two lease transactions completed recently, ProLogis has filled 405,000 of its distribution space here. Lease terms of the deals were not disclosed.

“We are continuing to see production lines move south of the Mexico/United States border in an effort to reduce costs and tap a highly skilled labor force,” says Silvano Solis, ProLogis managing director and head of Mexico operations. “In turn, this helps create demand for modern light manufacturing, assembly and distribution space. We are pleased to announce these transactions with our new, well-established customers, who were attracted by our new facilities’ high-quality and desirable locations.”

Automotive part supplier Autotek Magna took 172,000 square feet at ProLogis Park Izcalli Building One, in Cuautitlan Izcalli. The building was recently completed and sits just 20 miles from Mexico City. Autotek Magna plans to utilize the space for the assembly and distribution of Ford Motor Co.’s fuel-efficient Fiesta.

MCS Industries, a manufacturer of picture frames and wall decor, leased 233,000 square feet in the newly built Centro Industrial Juarez Building 11. The industrial park is situated near the Juarez International Airport the Mexico/US border.

ProLogis owns 19.1 million square feet of industrial and distribution space throughout the country.

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