Thor Urbana Invests US$128 Million in Nuevo Leon Industrial Park

Thor Urbana, a leading real estate investment and development firm in Mexico, will invest over MX$2.4 billion (US$128 million) to develop TU Park Apodaca II, a 139,355m² industrial park in Nuevo Leon. The project underscores the state’s position as one of Mexico’s fastest-growing logistics and manufacturing corridors.

“This expansion is a direct response to exceptional demand from global manufacturers and logistics operators seeking proximity to North American markets. We are building institutional-grade assets in locations that deliver both operational advantages for our tenants and attractive returns for our investors,” says Jimmy Arakanji, Co-CEO, Thor Urbana.

Located on over 30ha, TU Park Apodaca II will feature multiple Class A industrial facilities tailored for logistics and light manufacturing operations. The development follows the success of TU Park Apodaca I, a 46,452m² project under construction, effectively doubling Thor Urbana’s presence in this strategic market.

"Thor Equities has always focused on emerging, transformative markets, and Mexico’s industrial sector is one of the most exciting anywhere. With Thor Urbana, we are building more than just warehouses, we are creating the infrastructure that global companies need to grow, and that will drive lasting value for our tenants, partners, and communities," says Joe Sitt, Chairman, Thor Equities Group.

The investment comes amid a period of robust growth in Nuevo Leon, which attracted US$2.7 billion in foreign direct investment in the first quarter of 2025 alone, representing 13% of Mexico’s total. Apodaca, the state’s premier industrial hub, has become a prime destination for companies capitalizing on nearshoring trends and Mexico’s competitive manufacturing advantages.

TU Park Apodaca II forms part of Thor Urbana’s broader industrial strategy, which includes the acquisition of over 371,612m² of assets across Northern Mexico and the Bajio region.