Overview
- Mercado Libre announced a joint $115 million built-to-suit development with Plaza Logística for a new storage and fulfillment hub in Escobar.
- The site will exceed 100,000 square meters, process up to 130,000 products per day, and store more than two million bulky items.
- The company says the expansion will speed deliveries nationwide with broader 24‑hour coverage and quadruple operational capacity within 18 months.
- About 1,300 direct jobs are expected, with additional indirect employment projected by local authorities.
- The project becomes Plaza Logística’s eighth park and Mercado Libre’s fourth national storage center, complementing two Mercado Central facilities, the Tres de Febrero site, and roughly 40 last‑mile centers.