Meor

What Meor does

Meor (legal entity: Operadora Meor S.A. de C.V.) is a Mexico City-headquartered industrial real estate developer and asset manager founded around 2008-2009, with 17+ years of operational experience in the Mexican market. The company develops and constructs build-to-suit industrial parks under the proprietary HubsPark brand — including HubsPark Technology Campus Tijuana (the largest industrial park in the region at 120,000 m² Phase 1 with a $150M initial investment), HubsPark Juárez 1, and HubsPark El Valle (designed for up to 20,000 KVAs to serve high-energy operations) — and acquires stabilized industrial facilities such as Hubs San Lorenzo, Hubs El Florido (204,400 ft² across 3 buildings in Tijuana), and Hubs Victoria. Operations are concentrated in six key Mexican manufacturing corridors: Tijuana, Ciudad Juárez, Monterrey, Estado de México, Guadalajara, and Valle de México. Meor has deployed over $1.2 billion in capital across 100+ projects encompassing 1.3 million m² of GLA, serving industrial manufacturing companies, nearshoring tenants relocating from Asia to serve North American markets, and high-tech manufacturers in medical devices, aerospace, and semiconductors.\n\nMeor operates a dual business model with three primary revenue streams: (1) dollarized rental income from long-term leases with AAA-rated tenants across its industrial parks, (2) development fees from custom build-to-suit projects typically executed in partnership with institutional capital, and (3) asset management services for institutional investors including quarterly distributions and reporting under ILPA standards. The company markets to institutional investors (pension funds, Fibras, family offices, private equity) through an investor platform advertising >10% annual yields and 3x investment multiples over fund lifecycle. Customer acquisition occurs through direct enterprise sales relationships, an industrial broker network across Mexico, and international investor relations including trade missions to Europe and Asia (most recently Taiwan for semiconductor sector targeting in October 2025).\n\nThe company pursues ESG-aligned development through LEED Volume Program, EDGE, GRESB, ESR, and AMPIP Social Responsibility certifications, alongside industry memberships in AMPIP, AMEXCAP, GRI Club, and ILPA. Meor's technology stack centers on industrial real estate development and asset management rather than software products; AI adoption is limited to internal training workshops and participation in industry seminars on AI applications for industrial park management.

Name

Meor

Legal name

Operadora Meor S.A. de C.V.

Website

https://meor.com.mx

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Meor is a Mexican industrial real estate developer and asset manager that develops build-to-suit industrial parks under the HubsPark brand and acquires stabilized properties for institutional investors, deploying over $1.2 billion across 100+ projects in Mexico's key manufacturing corridors.

Ownership category

akta.pro rank

Product category

Industrial Real Estate Development

NAICS

Industrial Building Construction (23621), Management of Companies and Enterprises (55)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Industrial & Logistics Real Estate Asset Management (BPAJAMAC)

akta.pro secondary industries

Industrial & Logistics Brokerage (BPAJABAC), Industrial & Logistics Property Management (BPAJAGAC)

Keywords

• Industrial real estate development
• Build-to-suit properties
• Industrial park leasing
• Real estate investment platform
• Nearshoring industrial facilities

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Industrial Real Estate Rental Income: Dollarized rental income from leasing industrial warehouse and manufacturing spaces to corporate tenants in parks such as HubsPark Technology Campus, Hubs San Lorenzo, Hubs El Florido, and others. Long-term leases with AAA tenants generate stable recurring revenue.
2. Development Fees: Fees earned from developing custom build-to-suit industrial properties for tenants, typically in partnership with institutional capital
3. Asset Management: Managing industrial real estate assets for institutional investors including quarterly distributions and reporting under ILPA standards

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Meor develops, leases, and manages industrial real estate properties (warehouses, manufacturing facilities, and logistics parks) across key Mexican markets including Tijuana, Ciudad Juárez, Monterrey, Estado de México, and Guadalajara under its HubsPark brand. The company provides build-to-suit development for corporate tenants, acquires stabilized industrial assets, and operates an investment platform that channels institutional capital into Mexican industrial real estate with dollarized rental income and quarterly distributions.

Product overview

Meor is an industrial real estate developer offering build-to-suit and stabilized industrial properties across Mexico. The product portfolio centers on the HubsPark brand of industrial parks (including Technology Campus Tijuana, El Valle, and Juárez 1), complemented by acquired stabilized facilities (Hubs San Lorenzo, Hubs El Florido, Hubs Victoria). The company also operates an investment platform for institutional investors seeking exposure to industrial real estate with dollarized rents and yields above 10%. Properties are offered in key industrial markets including Tijuana, Ciudad Juárez, Monterrey, Estado de México, Guadalajara, and Valle de México, with LEED and EDGE sustainability certifications.

Differentiator

Problem solved

Functional benefit

Brands

• HubsPark: Industrial park brand by Meor, includes HubsPark Technology Campus Tijuana, HubsPark Juárez, and other industrial developments
• Hubs San Lorenzo
• Hubs El Florido
• Hubs Victoria
• Hubs El Valle

Products and services

• HubsPark Technology Campus Tijuana Large-scale industrial park development in Tijuana, described as the largest industrial park in the region, offering build-to-suit options, energy infrastructure capacity, and facilities designed for advanced manufacturing, technology, and logistics tenants.
• Hubs San Lorenzo Stabilized industrial facility acquired in Valle de México as part of Meor's strategy to acquire stabilized industrial properties; reached 100% occupancy.
• Hubs El Florido Campus of 3 industrial buildings totaling 204,400 ft² strategically located within Parque Industrial El Florido in Tijuana, Baja California, forming part of Meor's stabilized industrial portfolio.
• Hubs Victoria Industrial facility in Meor's industrial portfolio where Honoto was welcomed as a tenant.
• HubsPark El Valle Industrial park development with installed electrical capacity of up to 20,000 KVAs, designed to serve high energy consumption operations in advanced manufacturing, automotive, logistics, and data centers.
• HubsPark Juárez 1 Industrial project in Ciudad Juárez recognized among the top 10 industrial and logistics projects at GRI Awards México 2025.
• Industrial Real Estate Investment Platform Investment platform for institutional investors offering dollarized rents, annual yields above 10%, 3x investment multiple, long-term leases with AAA tenants, quarterly distributions and reports, managed under ILPA standards.

Quantifiable outcome

• >10% annual yield for investors
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature2 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• AMPIP (Mexican Association of Industrial Parks)coreStrategic or Co-development PartnerMeor is an active member of AMPIP, participating in industry events, seminars on AI applications for industrial parks, and receiving social responsibility recognition. AMPIP provides a platform for industry advocacy and networking.
• GRI Club Inmobiliario MéxicocoreStrategic or Co-development PartnerActive participant in GRI Awards Mexico, winning recognition for best industrial project for 3 consecutive years and 2nd place in 2025 industrial and logistics category.
• AMEXCAP (Asociación Mexicana de Capital Privado)coreStrategic or Co-development PartnerMember of Mexican Private Equity Association, participating in ILPA programs for investor relations best practices. Strengthens institutional credibility with private equity standards.
• GRESBcoreStrategic or Co-development PartnerObtained GRESB Real Estate certification for sustainability benchmarking, demonstrating ESG commitment to institutional investors globally.
• ILPA (Institutional Limited Partners Association)coreStrategic or Co-development PartnerAdministers funds under ILPA best practices. Employee Miguel Humberto Servín Arcos completed ILPA-AMEXCAP LP Engagement Program.
• USGBC (US Green Building Council)coreStrategic or Co-development PartnerLEED certification partner pursuing LEED Volume Program certification for standardizing sustainable practices across all developments.
• Construyendo y CreciendominorOthersStrategic ally for social responsibility initiatives in communities where Meor operates.
• TechominorOthersSocial development organization partnering with Meor for community impact programs.
• SustentarseminorOthersSustainability and social responsibility consultancy serving as strategic ally for ESG initiatives.
• Secretaría de Innovación y Desarrollo Económico (Chihuahua)minorStrategic or Co-development PartnerGovernment partner for investment attraction initiatives, participating in Taiwan investment seminars for semiconductor sector companies.
• Propty Real EstateminorChannel Partner/ Reseller/ DistributorIndustrial real estate broker facilitating tenant placement at Hubs San Lorenzo, specifically supporting S+C Logistics transaction.
• Citius AGminorChannel Partner/ Reseller/ DistributorReal estate services firm, with broker Eduardo Cinco Cetina SIOR supporting Honoto lease at Hubs Victoria.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Regional players

• IDI Logistics: IDI Logistics is a US-based industrial developer with growing cross-border Mexico exposure, serving similar nearshoring customers. It is a regional peer rather than a direct Mexico-focused competitor.

Broad incumbents

• Terrafina: Terrafina was a major Mexican industrial REIT (now merged into Fibra Macquarie). It is highly comparable in product type and Mexican industrial focus, representing the type of institutionally capitalized vehicle Meor may partner with or sell into.
• Prologis: Prologis is the world's largest industrial REIT with significant operations in Mexico serving nearshoring tenants. As a global incumbent with scale advantages, it competes with Meor for institutional tenants and capital, though its product scope spans global markets.
• GLP: GLP is a global logistics and industrial real estate platform with operations in Mexico through GLP Mexico. It competes for large-footprint industrial tenants in Meor's target markets and benefits from a global capital base.
• Fibra Macquarie: Fibra Macquarie is a Mexican REIT with substantial industrial and logistics exposure across Mexico. It is a key competitor for institutional capital and also a potential exit vehicle / capital partner for Meor's stabilized-asset strategy.

Direct peers

• Advance Real Estate: Advance Real Estate is a Mexican industrial developer serving manufacturing and logistics tenants with build-to-suit and BTS-plus-BOLT products. It competes head-to-head with Meor for nearshoring tenants in northern and central Mexico.
• Vesta: Vesta is a publicly traded Mexican industrial real estate developer and owner, focusing on build-to-suit and inventory facilities in nearshoring corridors. It is the closest direct peer to Meor in terms of product type, customer base, and Mexican market focus.
• LOGAN: LOGAN is a Mexican industrial real estate developer with a national footprint serving manufacturing and logistics clients. It is a direct competitor in similar geographies and customer segments, including nearshoring-driven demand.
• Element Industrial: Element Industrial is a Mexican industrial real estate developer focused on build-to-suit and speculative industrial product in key Mexican markets. It is a direct competitor in the same customer segments and geographies as Meor.

Emerging players

• LATAM Logistics Properties: LATAM Logistics Properties is a Latin American industrial real estate platform with growing Mexican exposure. It is an emerging player with partial overlap in customer segments and nearshoring-driven demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@hubspark8345
• Facebookfacebook.com/meorinmobiliaria
• LinkedInlinkedin.com/company/27139102/admin

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Meor