IAMSA Development Group

What IAMSA Development Group does

IAMSA Development Group (legal entity Industrias Asociadas Maquiladoras, S.A. de C.V.) is a privately held Mexican industrial real estate developer founded in 1987 and headquartered in Mexicali, Baja California. The company develops and leases Class A industrial buildings across 27 fully delimited industrial parks in five Mexican cities — Mexicali, Tijuana, Rosarito, Hermosillo, and Querétaro — targeting manufacturing, maquiladora, electronics, metals, logistics, and distribution tenants operating along the US-Mexico border corridor and in central Mexico. Its portfolio spans named assets such as El Dorado (1.3M sq.ft.), El Dorado 2 (1.18M sq.ft.), Valle Bonito (1.2M sq.ft.), Palaco (891K sq.ft.), Las Californias (660K sq.ft.), and Vie Verte Rosarito (697K sq.ft.), with the 2025 opening of Stone Complex in Mexicali representing its most recent addition.

The company's core technology is its proprietary Vie Verte ("Green Life") sustainable industrial design model, which integrates water treatment plants, low-consumption endemic landscaping, high-efficiency LED lighting, photovoltaic solar systems, double-pane windows, and smoke-free interiors into Class A industrial parks. This model produced the first LEED-certified industrial building in Mexicali (Aqua at Vie Verte Mexicali, 2014) and AMPIP Mexican Standard / Green Park certification at Vie Verte 2.0 Hermosillo. IAMSA also pioneered 100% tilt-up concrete construction in Mexicali via the Palaco park for enhanced seismic resistance. Product iterations include Vie Verte 2.0 (2021–2022), Vie Verte 3.0, and InQbate (2019), an incubator-focused industrial concept for startup tenants.

IAMSA operates a recurring-revenue, enterprise field-sales model: revenue is generated primarily through multi-year industrial leases and build-to-suit facilities to enterprise tenants, with sales conducted via dedicated Mexico and US phone lines and a multilingual (English/Spanish/Chinese) corporate website. The go-to-market is consultative and relationship-driven, evidenced by 25+ year customer tenure with anchors such as Tecnomex/Teleplan, Clover Technologies, Hikam Electronica, Formglas, and Merchants Metals. The company employs 11–50 staff across four regional offices and maintains ancillary ecosystem assets including a related-party staffing firm (SAPISA), residential housing developments (El Dorado and Huertas del Colorado) to support workforce supply, and a proprietary job board (bolsadetrabajoiamsa.com). Revenue is not publicly disclosed and no external funding or institutional investors are reported.

Name

IAMSA Development Group

Legal name

Industrias Asociadas Maquiladoras, S.A. de C.V.

Website

https://iamsa.com.mx

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

IAMSA Development Group is a privately held Mexican industrial real estate developer founded in 1987, operating 27 Class A industrial parks across Mexicali, Tijuana, Rosarito, Hermosillo, and Querétaro. It leases build-to-suit and modular industrial buildings, primarily to maquiladora, electronics, metals, and logistics tenants along the US-Mexico border.

Ownership category

akta.pro rank

Product category

Industrial Real Estate Development and Leasing

NAICS

Industrial Building Construction (23621)

SIC

Operators Of Nonresidential Buildings (6512), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Industrial Park Owners Association Management (BPAJAHAH)

akta.pro secondary industry

Warehousing, Distribution & Cold Storage Facility Construction (IMAFADAL)

Keywords

• Industrial real estate development
• Industrial building leasing
• Manufacturing park facilities
• Class A industrial buildings
• Sustainable industrial parks

Headquarters

HQ city

Mexicali

HQ country

Mexico

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

1. Industrial Building and Park Leasing: IAMSA generates revenue by developing and leasing industrial buildings and spaces within its industrial parks. Tenants lease warehouse, manufacturing, and office spaces on contractual terms. The company also develops custom/build-to-suit facilities for clients. Revenue is primarily long-term lease-based with multi-year contract terms typical for industrial real estate.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

IAMSA Development Group develops and leases Class A industrial buildings and industrial parks to manufacturing and logistics companies across five Mexican cities (Mexicali, Tijuana, Rosarito, Hermosillo, and Querétaro). The company operates 27 fully delimited industrial parks under its proprietary 'Vie Verte' (Green Life) sustainable design model, which incorporates LEED-certified environmental features such as photovoltaic solar systems, water treatment plants, high-efficiency LED lighting, and HVAC systems. Revenue is generated through long-term lease agreements on warehouse, manufacturing, and office spaces, with additional custom/build-to-suit facility development for enterprise tenants.

Product overview

IAMSA Development Group is an international industrial development firm operating as a single unified offering of industrial real estate development and leasing services. The company offers a portfolio of 27 fully delimited Industrial Parks across five cities in Mexico (Mexicali, Tijuana, Rosarito, Hermosillo, and Querétaro), featuring Class A industrial buildings available for lease. The core product line includes industrial buildings in various sizes and configurations, branded under the Vie Verte (sustainable) and traditional sub-brands. The Vie Verte sub-brand represents IAMSA's modern sustainable design model incorporating environmental protection mechanisms, while traditional parks provide standard industrial facilities. Buildings are offered in multiple models (Ventus, Aqua, Terra, Costa, Marea, Rio, Pargo) with sizes ranging from small incubator spaces (~7,000 sq.ft.) to large manufacturing facilities (~241,000+ sq.ft.), with amenities including loading docks, office space, LED lighting, and renewable energy options.

Differentiator

Problem solved

Functional benefit

Products and services

• Vie Verte Industrial Park (Mexicali) A sustainable industrial park in Mexicali featuring the Aqua building with LEED certification, incorporating water treatment plants, photovoltaic solar systems, LED lighting, and other environmental infrastructure as part of the proprietary Vie Verte design model.
• Vie Verte 2.0 (Mexicali) The second generation of IAMSA's sustainable industrial park model in Mexicali, featuring enhanced environmental infrastructure including solar panels for park lighting and water treatment facilities.
• Vie Verte 3.0 (Mexicali) The third generation sustainable industrial park model with continued improvements to environmental sustainability features and infrastructure.
• Class A Industrial Buildings for Lease Class A industrial buildings available for lease across multiple locations in Mexico (Mexicali, Tijuana, Rosarito, Hermosillo, Querétaro), featuring various models including Ventus, Aqua, Terra, Costa, Marea, and Rio. Buildings offer loading docks, office space, high ceilings, modern infrastructure, and renewable energy options.
• El Dorado Industrial Park (Mexicali) A major industrial park in Mexicali featuring 10 buildings with 1,299,255 sq.ft. of space, located near main city roads and 15 minutes from the international border.
• El Dorado 2 Industrial Park (Mexicali) Expansion of the El Dorado park with 4 buildings totaling 1,179,971 sq.ft., offering additional industrial space in Mexicali near main city roads.
• Palaco Industrial Park (Mexicali) An innovative industrial park featuring 100% concrete tilt-up construction with enhanced seismic resistance, comprising 9 buildings with 891,268 sq.ft. IAMSA pioneered tilt-up concrete construction in Mexicali with this park.
• Las Californias Industrial Park (Mexicali) A multi-building industrial complex with 11 buildings totaling 659,987 sq.ft., serving the manufacturing industry in Mexicali.
• Las Californias III Industrial Park (Mexicali) An industrial park developed in 1996 with 587,619 sq.ft., established during the growth of the manufacturing industry in Mexicali.
• Valle Bonito Industrial Park (Tijuana) An industrial park in Tijuana spanning 25 hectares with 10 buildings totaling 1,200,364 sq.ft., strategically located near the Tijuana-Rosarito 2000 corridor and noted for attracting logistics companies.
• InQbate Industrial Park (Mexicali) An innovative incubator-focused industrial development incorporating concepts for incubating companies, featuring 106,273 sq.ft. of space with flexible plans for easy startup and expansion.
• Stone Complex Industrial Park (Mexicali) IAMSA's newest industrial park in Mexicali with 241,752 sq.ft., strategically located near main roads and 15 minutes from the international border.
• Vie Verte Rosarito Industrial Park A sustainable industrial park in Rosarito with easy access to major highway #1, featuring 697,534 sq.ft. of building space and 1,517,711 sq.ft. of industrial park area.
• Promotora Business Center (Tijuana) A business center in Tijuana with 94,025 sq.ft. of space, providing commercial and industrial workspace solutions.
• Vie Verte Hermosillo IAMSA's first sustainable Vie Verte development in Hermosillo with 472,926 sq.ft., representing the company's expansion outside of Baja California.
• Vie Verte Querétaro The first Vie Verte sustainable industrial park in Querétaro with 515,007 sq.ft., featuring corporate offices, distribution center, and retail space in one facility.
• Vie Verte 2.0 Hermosillo IAMSA's latest industrial development in Hermosillo located near the international airport with 147,250 sq.ft., featuring Class A infrastructure with solar panels and water treatment plant. AMPIP certified as Mexican Standard for industrial parks and Green Park.
• Vie Verte Tijuana Sustainable Vie Verte industrial park developed in Tijuana, expanding the sustainable Vie Verte model to this key border location.

Quantifiable outcome

• First building in Mexicali to achieve LEED certification (Aqua building, Vie Verte Mexicali, 2014)
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• SAPISA (Servicios de Apoyo para la Industria, S.A. de C.V.)minorOthersSAPISA is a related company that provides employment/placement services (bolsa de trabajo / job board) for IAMSA's industrial parks. SAPISA handles recruitment and staffing services for companies occupying IAMSA parks, acting as an intermediary for the labor market. IAMSA's privacy notice references data sharing with SAPISA and companies within the IAMSA GROUP.

Scale indicators4 records

Recent moves11 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/grupoiamsa
• Facebookfacebook.com/grupoiamsa
• LinkedInlinkedin.com/company/iamsa-development-group
• Xx.com/IAMSA_Group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IAMSA Development Group