Terrafina (BMV:TERRA 13) signed a binding agreement to acquire twenty Class A industrial properties located in the Northern region of Mexico for approximately $220 million on October 26, 2017. The transaction will be financed with the proceeds obtained from the follow-on offering and is subject to the approval of the Mexican Anti-Trust Commission. PGIM Real Estate acted as a real estate advisor to Terrafina and Maria Barona of i-advize Corporate Communications, Inc. acted as a public relations advisor for the transaction. As of December 11, 2017 Fibra Terrafina completed the acquisition of 17 industrial properties for $180 million. Fibra Terrafina has opted to modify the size of the transaction since closing conditions for the other three properties in the portfolio have not yet been met and will continue to work wit the seller to fulfill the conditions in order to acquire remaining properties in future. Fibra Terrafina (BMV:TERRA 13) completed the acquisition of Seventeen Class A Industrial Properties Located in the Northern region of Mexico for $180 million on December 11, 2017.