Thomas Black
Bloomberg
Wednesday, June 25, 2008
More than a century and a half after Mexico lost Texas to the U.S., Virgilio Garza wants a piece of it back.
A ``Texas for Sale'' sign and cowgirls in boots and white hats greeted Garza at the Convex center in Monterrey, Mexico, earlier this month. A Monterrey developer and investor, Garza was in search of foreclosed U.S. property to buy.
``Texas is like our home,'' said Garza, 45, who joined hundreds of Mexicans poring over lists of Texas properties at the four-day event. Garza, who owns manufacturing sites and other land in Mexico, said he and five partners may invest as much as $8 million in Texas. ``We believe there can be some opportunities,'' he said.
FULL ARTICLE @ Bloomberg
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