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FIBRA Macquarie México Acquires Industrial Land Parcel With Access to 90-Megawatt Dedicated Substation, in Strategic Tijuana Submarket
MEXICO CITY--(BUSINESS WIRE)--FIBRA Macquarie México (FIBRA Macquarie) (BMV: FIBRAMQ) announces the acquisition of a 124-hectare land parcel along Tijuana's Boulevard 2000 submarket, for US$113.8 million, excluding transaction costs and taxes. With prominent frontage, the project anticipates a phased, multi‑year development of a Class A industrial park built to a minimum LEED® Gold standard. FIBRAMQ expects the project to achieve a stabilized yield on cost within a target 9%-11% range. The acqu.
