Mexico's commercial real estate market is well positioned for growth after weathering a relatively mild downturn. Mexico's markets didn't contract as strongly as other countries' real estate markets because it wasn't expanding rapidly in the first place, says Raymond Wong, CBRE's executive director of Americas research operations. As a consequence, there is not much distress to work through. Investors can expect to see growth in three markets: Mexico City, Guadalajara and Monterrey, predicts Ernesto Rodriguez, senior vice president of tenant representation for CBRE Mexico.
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