SAN YSIDRO, CA-HFF says it has secured $40 million in financing to develop a 140,000-square-foot retail outlet center along the U.S./Mexico border here.
Slated for completion in October 2014, the Outlets at the Border is currently under construction and pre-leasing to retailers.
The newly-constructed outlets will be the most proximate stores to the San Ysidro Port of Entry, including the new pedestrian border crossing, slated to open in 2015, and is adjacent to the new vehicle entry into Mexico known as El Chaparral, which opened in November 2012. The San Ysidro Port of Entry is the busiest crossing in the world with approximately 100 million crossings per year including more than 26 million pedestrians.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
