Case Study

Queretaro Office

Central Park
Armando Birlain Schafler 2001  
Corporativo 2 - 5C
Colonia Centro Sur, 76090
Santiago de Queretaro, Queretaro, Mexico

Tel: +52 44 2215 1586

Expanding Horizons

The challenge

 Samsung has been growing until becoming in one of the main companies of electronic products of the world, specializing in digital devices and semiconductor media, memories and system integration, which have made it a leader in the world market.

 Querétaro is an active market –potentially speaking- in industrial and commercial aspects, by which Samsung was interested in developing new projects within Queretaro area. For mentioned projects Samsung required the leasing of an industrial warehouse with surface of 10,000 m2 for three months other than being located in an industrial park.

 The strategy

The process for the searching and the delivery of the property was complex, due to schemes of short terms leasing are difficult to obtain. Nonetheless, the interest for the project was successful.

 The results

During the process, some difficulties came up, since the selected property was occupied and the output of the tenant was being coordinated and programmed for Samsung to use the space. Once agreed the terms of the contact and the delivery date, it is cancelled since the tenant decided to stay for a longer term.

 Colliers Querétaro took the task to negotiate with other industrial developer in order to give the satisfactory service to the client, so we established a productive relationship with the client who was happy and fully satisfied.

 The power of partnership

 Colliers International makes alliances with positioned worldwide companies, known I their realm, as part of their projects and success.

Date: November 2012

Colliers at a Glance

Revenue: $1.8 billion
Countries: 62
Offices: 522
Professionals: 12,300
Brokers: 4,800
Square Feet Managed: 1.25 billion*
Lease/Sale Transactions: 76,000
Total Transaction Value: $68 billion

*Square footage includes office, industrial and retail property under management. Residential property is excluded from this total. All statistics are for 2011.