EL PASO, TX—In response to rapidly increasing demand forindustrial space, VanTrust Real Estate LLC has launched a 59-acrespec logistics park. Phase I of the logistics park, which isVanTrust's first El Paso project, consists of four buildingstotaling more than 514,135 square feet. Two additional buildingstotaling 480,504 square feet will be constructed during Phase II ofthe project, bringing the total to nearly 1 million square feet.The park will be located between Mercantile Avenue and Paseo DelEste Boulevard, bordered on the east by the new Bill BurnettDrive.
"We've seen tremendous demand for industrial property in El Pasoover the past few years, which creates a great opportunity forVanTrust to enter this dynamic marketplace with one of the region'slargest spec industrial projects," said Josh Meredith, director ofdevelopment at VanTrust. "We're confident that the city'sgeographic benefits and Texas' business-friendly environment willcontinue positioning El Paso as a destination of choice forindustrial customers."
El Paso is traversed by Interstate 10, the fourth-longestinterstate in the nation that extends from the Pacific to Atlanticoceans. Additionally, the region is served by rail lines, twointernational airports and five international crossings between ElPaso and Mexico. And the logistics development is located withinfive miles of the Zaragoza Bridge, one of the busiest internationalpoints of commercial entry.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
