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Monday, April 02, 2007
Special Reports
Monterrey: Strong Real Estate Growth
A strong economy is helping drive commercial real estate in Mexico's leading business city.
Monterrey is seeing a building boom, driven by office, industrial and retail as well as residential developments. (Photos: Hines (top) and Wal-Mart).
BY CHRONICLE STAFF
Helped by a strong local economy, general business optimism in Mexico and a positive image, Monterrey is seeing a strong boom in real estate investments.
"Everything is growing," says Sergio Cadena, director of the Monterrey office of real estate company NAI
Monterrey - which is located in Northern Mexico, about 140 miles southwest of Laredo in Texas - is considered the top business city in Mexico.
All commercial real estate sectors...
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