Kidder Mathews is pleased to announce the lease of 125,261 square feet at Nordika Industrial Park, located at Lazaro Cardenas, 22644 in Tijuana, Mexico. The property was leased to WS Display, a leading provider of trade show displays, banner stands, and custom oversized printing. Todd Davis, SIOR, CCIM of Kidder Mathews and Arturo Valdez, SIOR of NAI Mexico represented WS Display in the transaction.
The newly constructed industrial complex is situated in central Tijuana, less than 90 minutes from WS Display’s headquarters in Carlsbad, California. The strategic location offers easy access to a skilled labor pool and significant cost advantages. Occupancy costs at the property are approximately 40% lower than in the United States, with labor costs also substantially reduced. This positions the company to be more competitive on pricing, while maintaining high standards for quality control and response times.
Nordika Industrial Park stands out for its modern design, 36’ clear heights, and excellent loading capabilities, meeting WS Display’s operational needs. The property’s location in Tijuana not only supports efficient logistics but also offers tax advantages by importing raw materials to be delivered in Mexico.
“We are seeing a growing trend of nearshoring that has significantly boosted demand in Tijuana, with companies like WS Display drawn to the combination of lower operating costs and proximity to the U.S.,” said Davis.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Idaho, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages over $10 billion in transaction volume, manages more than 57 million square feet of space, and conducts 2,600 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
