Greenberg Traurig Advises Volkswagen Leasing on MXN 2.5B Long-Term Debt Certificate Issuance
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
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On the RET wire
- Disclosed office deal value tracked in October 2026: $8.5B across 38 reported transactions. All Office coverage →
Computed from Real Estate Trail’s own tracked coverage
MEXICO CITY, Oct. 20, 2026 /PRNewswire/ -- Attorneys from global law firm Greenberg Traurig's Mexico office advised Volkswagen Leasing in connection with the issuance of MXN 2.5 billion in long-term debt certificates.…
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