20 Years between Border Closures: Changes in Tijuana Real Estate Trends and its Impact on the Cross-Border Markets
Go Back

Sessions Information

  • April 19 - 19, 2022
    4:00 PM - 5:00 PM
    Event: 2022 ULI Spring Meeting
    Session Type: Concurrent Session
    Session Capacity: N/A


    The once fluid international border between Tijuana and San Diego suffered 2 major shocks with border closures caused by the September 11, 2001 terrorist attacks on U.S. soil and the COVID global pandemic of 2020 and 2021. The intervening 20 years have seen a shift in economic factors that have changed the Tijuana real estate markets and had an impact on cross-border trade between San Diego and Tijuana, particularly for San Diego companies that manufacture in Tijuana, especially medical device and medtech. This panel will explore the factors that have impacted the Tijuana economic landscape with particular focus on the industrial real estate sector and its spill over effects on housing. Tijuana, and Northern Mexico generally, is experiencing a huge spike in lease pricing for industrial...
Session Speakers
De La Cruz Brito Atenea
Organization: Autonomous University of Baja California


PhD student in Economics at the Faculty of Economics and International Relations of the Autonomous University of Baja California (UABC), in Tijuana, Baja California. Dissertation project: "Cross-border housing markets between Mexico, the United States and Canada: submarkets and asymmetric information". Master in Applied Economics granted by El Colegio de la Frontera Norte (COLEF). Thesis titl

Diaz Alvarez Rodrigo


Rodrigo Diaz is Managing Director of Mexico for 7 Bridges Latin America and is based in Mexico City. Mr. Diaz holds an MBA and an MSF from The Carroll School of Management at Boston College and a B.S. in Industrial Engineer from the Universidad Iberoamericana in Mexico City. Most recently for five years he was country manager for Acciona´s real estate division in Mexico, known as Parque Reforma,

Gil Santiago
Organization: Paladin Realty Partners


Santiago has been eleven years with Paladin Realty Partners, a private equity firm with over US$6 billion in real estate investments across the United States and Latin America. Santiago has a seat at the Executive and the Investment Committees, with strategic and investment decisions across Latin America. As Mexico Country Head, he has been responsible for the country's US$200 million portfolio,

Gracia Jorge E


Jorge Gracia, Mexican Architect founder and principal of graciastudio (est. 2004). An architecture firm based in Tijuana, Mexico. Recipient of multiple awards and recognitions, both at the national and international level within the practice of architecture such as: 30 promesas 2009' Grupo Expansión, México City. Design Vanguard 2012 Architectural Record, New York. Emerging Voices

Zuniga Juan


Juan E. Zúñiga is an international transactions attorney who has worked on cross-border deals throughout the United States, Latin America and in over 60 other countries. His practice is focused on buying and selling real estate, resort and hospitality transactions, mergers & acquisitions, overseas distribution agreements, international joint ventures, foreign trade and commerce, workouts of di
Session Fees

Fees information is not available at this time.