Milbank LLP advised Fibra Monterrey (FMTY), a leading Mexican real estate investment trust, in connection with a $300 million syndicated financing to partially acquire the “Zeus” portfolio of industrial real estate comprised of 46 industrial buildings located in eleven states in Mexico, strengthening Fibra Monterrey’s position in the industrial segment by doubling its total gross leasable area. The financing closed on March 27, 2023.
The Milbank deal team was led by Global Capital Markets Carlos Albarracín along with associateAndres Osornio Ocaranza and international attorney Enrique Lopez Scherer. The team also included Tax partner Andrew Walker and associates David Hanno and Michelle Song.