BREAKING NEWS

Multifamily Construction to Fall 28 Percent, says NAHB

Woodforest Bank Buys Buildings in The Woodlands

RNR Real Estate Briefs – HOU, AUS, DAL & more

A Tide of Transformation: The Ralph Bivins Project podcast with…

After Selling Exxon Building, Shorenstein has Another Sale Working

Marina Buying Spree Sails On

REALTY NEWS REPORT - Logo

Banner
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Hines Sells Retail Center in Mexico

by Realty News ReportNovember 2, 2011
Share0

MEXICO CITY – The Mexico City office of Hines announced  the sale of City Center Pitic to MexFund S.A.P.I, a Mexico-based real estate investment firm.  Financials on the deal were not disclosed. The Mexico City office of CBRE represented Hines in the transaction, while MexFund was self-represented.

The 188,063-square-foot, open-air retail center contains more than 60 shops, plus Walmart Supercenter and Sportsworld Fitness Center as anchors. Designed by the Mexican-based architecture firm Oikonos, City Center Pitic’s storefront design complements the Sonora desert landscape.

In 2008, Hines, on behalf of HCM Holdings LP, developed City Center Pitic, its first retail project in Mexico. Located on Boulevard Morelos in the uptown neighborhood of northeast Hermosillo, City Center Pitic is in the heart of the city’s fastest growing area. The capital of the State of Sonora, Hermosillo shares a common border with Arizona, just 250 miles south of Phoenix.

Share0
previous post
Lincoln Property Buys SD Project for $76 Million
next post
Bass to Develop Three Buildings in Downtown Fort Worth

Related posts

Woodforest Bank Buys Buildings in The Woodlands

Realty News ReportJanuary 31, 2023

RNR Real Estate Briefs – HOU, AUS, DAL & more

Realty News ReportJanuary 28, 2023

After Selling Exxon Building, Shorenstein has Another Sale Working

Realty News ReportJanuary 24, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
Property Logos
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
Evergreen Commercial Realty
STREAM Ad
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact