When manufacturers set up in Mexico, Vesta’s facilities help keep them there paid Oracle
When Vesta Real Estate CFO Juan Sottil joined the company a decade ago, there were less than 20 employees selling, leasing, and maintaining a few industrial buildings in Mexico. Today, the company employs almost five times as many people, and manages 182 industrial properties spanning almost 30 million square feet across the country.
Since its IPO in 2012, Vesta has been growing at a rate of 3 million square feet each year—a rate Sottil expects to maintain because foreign manufacturers across industries continue coming to Mexico. One key differentiator for Vesta is that it offers flexible building options for companies to accommodate their own work environments.
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