August 27, 2021 |
Mexican real estate investment trust (REIT) Advance Real Estate said it spent $105 million to buy three properties in Tijuana, Baja California, and expand its operations in the north of the country.
The three stabilized Class A industrial properties cover 1.1 million square feet in the border city, the company said in a statement on Wednesday.
"The decision to acquire these assets follows the company's growth strategy looking to increase its footprint in northern markets and further enhances Adv
Mexican REIT spends $105 mln to buy three properties in Tijuana