Mexico’s industrial real estate sector is surging, propelled by the “nearshoring” trend of companies relocating supply chains closer to home. A top executive of Fibra Monterrey (FMTY), one of Mexico’s major real estate investment trusts, reported that foreign manufacturers’ shift to Mexico – to avoid U.S.-China trade tensions and global supply risks – has become the primary engine of growth for warehouses and factories in Mexico. This trend, know…