Market Summaries

2011 Q3 SUMMARY – Tijuana Industrial Real Estate

Tijuana Industrial Real Estate Update Tijuana Industrial Real Estate 2011 Highlights: • Slow absorption this quarter – Only 112,000 SF Net. • Asking rents are still dropping (Class A as low as $0.29/SF !). • Tenants are moving out of older higher priced buildings into newer buildings.

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2006 Maquiladora Summary Q1

2006 Maquiladora Summary 2006 Maquiladora Summary Tijuana Industrial Real Estate Market The maquiladoras have continued expanding, although at a slower pace than our last mini-boom of 2004-2005. Automotive, medical, sporting goods, furniture, plastics and electronics companies continue to establish new facilities in the Greater Tijuana Industrial Market.

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2005 Mid Year Maquila Update

2005 Mid Year Maquila Update Tijuana Industrial Real Estate Market The market for large space in Tijuana is cooling from its frenetic pace of 2004, but is still strong. Finished industrial land prices have reached an all time high of over $90/SM ($8.36/SF) in the Otay market

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2003 Summary

2003 Summary Tijuana Industrial Real Estate Market The Tijuana Industrial Real Estate Market is in flux. Asian electronic consumer product manufacturers and their suppliers have pulled out of Tijuana, while firms from the automotive, medical and service industries have swept in to fill the void. The skyrocketing vacancy

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2002 Mid-Year Update

2002 Mid-Year Update Tijuana Industrial Real Estate Market The big story is that there are more high quality, large (>100,000 SF) buildings available in the market than ever before. The market in general has a vacancy factor of over 8% today. Most of the smaller buildings available

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2001 Summary

Tijuana Real Estate Market 2001 Summary The North American Free Trade Agreement (NAFTA) and an overvalued Peso are increasing costs for manufacturing companies in Baja. A US recession and tighter border controls in the wake of the 9/11 attacks is making business more difficult. Economic stagnation in

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