{"id":1004120236,"date":"2015-05-28T06:10:16","date_gmt":"2015-05-28T14:10:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004120236"},"modified":"2022-12-06T03:08:48","modified_gmt":"2022-12-06T11:08:48","slug":"international-hines-trades-mexico-city-shopping-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/international-hines-trades-mexico-city-shopping-center\/","title":{"rendered":"International: Hines Trades Mexico City Shopping Center"},"content":{"rendered":"<p><em>By Alex Girda, Associate Editor<a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/City-Center-Bosque-Esmeralda.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004120238\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/international-hines-trades-mexico-city-shopping-center\/city-center-bosque-esmeralda\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/City-Center-Bosque-Esmeralda.jpg\" data-orig-size=\"700,467\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"City Center Bosque Esmeralda\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/City-Center-Bosque-Esmeralda.jpg?w=700\" class=\"alignright size-medium wp-image-1004120238\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/City-Center-Bosque-Esmeralda.jpg\" alt=\"City Center Bosque Esmeralda\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/City-Center-Bosque-Esmeralda.jpg 700w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/City-Center-Bosque-Esmeralda.jpg?resize=300,200 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/em><\/p>\n<p>Real estate investment trust FibraShop recently completed the acquisition of a major retail property located in the Mexico City area. The City Center Bosque Esmeralda was purchased for an undisclosed amount from international real estate firm Hines. The asset had been marketed on behalf of Hines by real estate company Savills.<\/p>\n<p>City Center Bosque Esmeralda offers a total of 318,353 square feet of retail space. The four-level, open-air shopping center is anchored by Comercial Mexicana and High Fitness Center, while the facility\u2019s tenant roster also includes names such as Tok\u2019s and a Kash entertainment center. The complex was designed by Cincinnati-based KA Architecture.<\/p>\n<p>Palmer Letzerich, Senior Managing Director of Hines, noted that the property is \u201cthe most recent that Hines Mexico has brought from concept and construction through leasing and disposition. Letzerich also mentioned that the property fits in well with the new owner\u2019s portfolio, as FibraShop focuses on acquiring upscale retail centers across Mexico. The facility totals more than 90 stores and dining spots, and features some of the best common areas and amenities available on the market. The REIT now owns 14 retail properties, located in 12 Mexican states. The portfolio totals more than 381 million square feet of space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A local REIT has taken a major retail property in Mexico City off of Hines&#8217; hands.<\/p>\n","protected":false},"author":952,"featured_media":1004120238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,21783,21742,21749],"tags":[],"class_list":["post-1004120236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-investment","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>International: Hines Trades Mexico City Shopping Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/international-hines-trades-mexico-city-shopping-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International: Hines Trades Mexico City Shopping Center\" \/>\n<meta property=\"og:description\" content=\"A local REIT has taken a major retail property in Mexico City off of Hines&#039; hands.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/international-hines-trades-mexico-city-shopping-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-28T14:10:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T11:08:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/City-Center-Bosque-Esmeralda.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"467\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hines-trades-mexico-city-shopping-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hines-trades-mexico-city-shopping-center\\\/\"},\"author\":{\"name\":\"Anna Spiewak\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"headline\":\"International: Hines Trades Mexico City Shopping Center\",\"datePublished\":\"2015-05-28T14:10:16+00:00\",\"dateModified\":\"2022-12-06T11:08:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hines-trades-mexico-city-shopping-center\\\/\"},\"wordCount\":212,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hines-trades-mexico-city-shopping-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/05\\\/City-Center-Bosque-Esmeralda.jpg\",\"articleSection\":[\"International\",\"Investment\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hines-trades-mexico-city-shopping-center\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hines-trades-mexico-city-shopping-center\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-hines-trades-mexico-city-shopping-center\\\/\",\"name\":\"International: Hines Trades Mexico City Shopping Center - 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