
Advance Real Estate, a company focused on the acquisition, development, leasing and management of industrial projects in Mexico, announced the acquisition of three Class A industrial properties in Tijuana, Baja California, representing more than 100,000 square meters.
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The $ 105 million transaction increases Advance's participation in key industrial markets in Mexico and represents another important milestone for the company.
Gerald Marchel, Head of Capital Markets and Development at Advance Real Estate, explained that the three Class A industrial buildings are located in one of the most active industrial markets in the country, additionally they are occupied by high quality tenants.
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"The decision to buy these assets follows a clear growth strategy of the company, which seeks to increase its position in the north of the country and establish Advance as a long-term investor in the country," he stated.
Advance is a leading company in the acquisition, leasing and management of industrial and logistics projects with a presence in 12 cities in Mexico and a portfolio of 12.6 million square feet of industrial space.
In Solili you can find industrial warehouses available in Tijuana, Saltillo and Monterrey
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