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Panattoni Development Expands Global Operations into Mexico
Panattoni Development Company, reportedly the world’s largest privately held industrial real estate developer, has expanded its global operations into Mexico. The entry into Panatoni’s 20th country comes as the company celebrates its 40th year in business and advances its long-term strategy to support multinational clients as they reshape their manufacturing and logistics networks throughout the Americas.
The company has appointed Gerardo Ruiz as partner to lead Panattoni’s Mexico division. The new Mexico City office will focus on delivering industrial and logistics facilities that meet the accelerating demand created by nearshoring, cross-border trade and supply chain diversification.
“Mexico plays a central role in today’s restructured supply chains and is one of the fastest growing
industrial markets in the world,” said Tim Schaedler, managing partner, Western U.S. and Mexico for
Panattoni Development Company. “In our 40th year, expanding into our 20th country reflects both the scale of our platform and the strategic importance of Mexico to our clients.”
- ◦Development
