Category: News

Presidio Residential Capital closes 16 real estate transactions

SAN DIEGO – Presidio Residential Capital showed a resilient investment presence in major Western US markets in 2018, funding 16 new residential projects totaling 845 homes “Key to our success is our dedication and commitment to our long-term...

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Baja California records 4.9% annual growth in jobs

MEXICALI – Baja California has registered an annual growth rate of 49% in employment, above the national average of 33%, according to numbers from Instituto Mexicano del Seguro Social (IMSS) The head of Secretaría de Desarrollo Económico...

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Compass Made goes to Puerto Palomas

CHIHUAHUA – After 14 years of remaining without industrial activity, the first maquila was inaugurated in Puerto Palomas, Chihuahua It is Compass Made, a North American capital company dedicated to the manufacture of automotive harnesses that...

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New innovation centre for molds and dies was launched

CIUDAD JUAREZ – With a total investment of more than US$12 million contributed by the Federation, the State Government, the Private Initiative and Educational Institutions, Centro de Innovación en Moldes y Troqueles del Estado de Chihuahua...

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Bascom Arizona Ventures acquires Phoenix Class A multifamily property

ARIZONA – Bascom Arizona Ventures, LLC a subsidiary of Irvine, California-based private equity firm The Bascom Group, LLC has acquired the Tempo at McClintock Station Apartments ("Tempo") Tempo is a mid-rise multifamily property consisting of 423...

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Investments sustain development and stability of Coahuila

COAHUILA – More than US$25 billion is the total amount generated by the 48 investment projects that are confirmed so far in the state administration, which make Coahuila the national champion in attracting investment, reported governor of...

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More maquiladoras will arrive in Reynosa

REYNOSA – A group of new maquiladora companies will be installed in the region during the next semester The plants could be located in Parque Industrial Norte Villa Florida, in the area near the Monterrey exit Martha Ramos Morales, director of...

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Cross Border Xpress plans US$10 Million in improvements

TIJUANA – Cross Border Xpress, the binational bridge between San Diego and Tijuana International Airport, plans a US$10 million investment to support traffic growth Nearly 290,000 travelers used the bridge in December, a 31% increase from the...

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Grupo México invested US$3.8 billion in Sonora

SONORA – In the last 13 years, Grupo Mexico mining company spent US$38 billion in Sonora on investment projects, wages and salaries, payment to suppliers, education and road infrastructure The mining company reported that the largest investment...

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Baja California expects an investment of US$100 million

TIJUANA – With a current investment of US$50 million in the state of Baja California for the maquiladora industry, the national advisor to the export industry, René Romandía, announced that another investment of US$100 million is already...

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