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MEXICALI, MEXICO

Jones Lang LaSalle Named Sales/Leasing Agent of 4,500-Acre Manufacturing Site on Mexico Border Perfect for Solar PPAs, Cleantech Build-to-Suits

Silicon Border near Mexicali offers access to U.S. and Mexican markets, including transmission lines with excess capacity for solar energy generation opportunities


MEXICALI, MEXICO, Apr. 9, 2012 –  Jones Lang LaSalle has been named exclusive leasing and sales agent for Silicon Border, a 4,500-acre manufacturing park with world-class infrastructure located on the U.S.-Mexico border in Mexicali, Mexico.

Land at Silicon Border is currently being sold or leased in four phases, with a portion of the first phase already sold to Baja Sun Energy. Silicon Border offers build-to-suit sites for manufacturing or distribution centers in a premier location with access to low labor and operating costs, plus access to the U.S. and Mexican markets.

The site includes water access from the Colorado River, as well as three power transmission lines that connect to the U.S. and Mexican power grids. These features help make Silicon Border ideal for solar energy generation at a time when there is international interest in low-cost renewable energy options provided though power purchase agreements (PPAs).

The Jones Lang LaSalle team conducting lease and sale transactions includes Michael Condon, Managing Director; Vince Roche, Senior Vice President; and Ben Stapleton, Vice President and head of Jones Lang LaSalle’s Cleantech Practice Group.

“Silicon Border has world-class infrastructure in place to provide for virtually any manufacturing need, in addition to a low-cost and skilled labor force,” Stapleton said. “The three transmission lines adjacent to the site carry power to both the US and Mexican grids, making this site perfect for solar power purchase agreements both in the US and Mexico. Also, the site in in line to benefit from Mexican federal and state-level incentives that, in some cases, are more aggressive than those currently found in the U.S.”

Silicon Border offers manufacturers a cost structure in line with Asian locations, but in a North American location with one-day truck access to Southern California and three-day access to a majority of the U.S. features include:
  • Low-cost power for high-tension users
  • High-quality power source (1 km)
  • Natural gas 42” high pressure line
  • Low cost water as well as abundant water supply
  • Low cost, educated labor with a large population of over 7 million in the region
  • Highly educated engineering pool
  • Waste water treatment and fire suppression systems
  • Proximity to R&D and educational facilities (UABC Engineering Campus in Silicon Border two other universities with engineering degrees, numerous technical schools in Mexicali)
  • Incentive packages from city, state, local and federal governments
  • Free trade zone park with free trade agreements across 44 nations (NAFTA, European Union, Japan and Latin America)

“Silicon Border is designed to be leased or sold in phases with all the infrastructure and amenities of an Asian science park, and Baja Sun Energy has already acquired one of the project sites,” Stapleton said. “We expect the project to be extremely popular not only with renewable energy companies and manufacturers, but also with automotive suppliers as well as pharmaceutical and food manufacturers.”

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47.7 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.