Advertisement

Grading has begun on one of Tijuana’s...

Grading has begun on one of Tijuana’s largest business parks yet, the 825-acre Tecolotes Industrial Park south of the city’s center. The park, developed by the Atisa Group, will eventually accommodate more than 3 million square feet of industrial buildings, as well as residential and commercial structures.

Sean Doyle, a broker with Coldwell Banker International, a commercial real estate firm in San Diego that follows the maquiladora market in Tijuana, said the first phase of buildings totaling 200,000 square feet will be ready for occupancy in June.

Atisa is discussing deals with several prospective buyers, including Japanese manufacturers, that if completed would account for 500,000 square feet of buildings in the park, Doyle said.

At an industrial park it is developing in the Fundadores section of Tijuana, Atisa has made deals to sell large land parcels to Japanese manufacturers Canon and Scripto Tokai. The manufacturers plan to build large assembly plants on the properties.

Advertisement


Advertisement