Category: Investment

Communities Foundation of Texas receives US$1 million donation

DALLLAS – Due to the COVID-19 pandemic and in support of Texas community foundations and nonprofits, Communities Foundation of Texas (CFT) announced a US$1 million donation from Blue Cross and Blue Shield of Texas (BCBSTX) to help with COVID-19...

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Chihuahua will cancel state investment plan due to Covid-19

CHIHUAHUA – Chihuahua’s investment plan will be cancelled due to the Covid-19, so an economic emergency plan will be built for the entity, said Chihuahua state governor Javier Corral Jurado The governor stressed that this plan aims to...

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China seeks to invest in Tijuana

TIJUANA – According to data from the Economic and Industrial Development of Tijuana (Deitac), Tijuana has an area of opportunity like few other cities since there are at least 23 applications from investors from China interested in the city; this...

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New Mexico tech startup lands US$5 million investment

NEW MEXICO – A New Mexico startup has landed US$5 million in private equity from investors to accelerate the marketing of super-fast cell-screening and analysis technology The Albuquerque Journal reports that BennuBio Inc won the funding from...

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JLL sells Tucson Spectrum for US$84 million

TUCSON – JLL Capital Markets announced that it has closed the US$84 million sale of Tucson Spectrum, a 716,704-square-foot, Class A, market-leading, grocery-anchored retail center situated in an infill location in Tucson, Arizona JLL...

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US$18 million was invested in Pesquería

PESQUERÍA – In order to take advantage of the industrial growth of the municipality of Pesquería, Nuevo León, the real estate investment fund MEOR, invested US$18 million for the development of the LogisAll Mexico logistics center This...

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US$25 million will be invested in Tijuana

TIJUANA – The Ministry of Agrarian, Territorial and Urban Development (Sedatu) will allocate more than US$25 million this year for public works in Tijuana This was reported by the head of the federal agency, Román Meyer Falcón, who said the...

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Border investment grows thanks to USMCA

NUEVO LEON – The proximity of the US market and the ratification of the USMCA has boosted confidence in real estate investments on the northern border The markets of Tijuana, Tecate, Mexicali, Saltillo, and Monterrey already have 859,867 square...

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Expedeon sells division

Expedeon has agreed to sell its immunology and proteomics businesses to UK-based life science reagents and tools company Abcam for US$130 million in cash The deal com- prises Expedeon’s core proteo- mics business, as well as its im-...

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Baja California expects real estate investment by 2020

ROSARITO – Investments for this year are expected to exceed US$186 million in Rosarito, Baja California, mainly in the real estate market, a sector that has registered sales increases of more than 60% compared to 2018 Gustavo Torres Ramírez,...

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