Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HARLINGEN, TX-A 4.5 acre, multi-phase air cargo facility will break ground this fall in Harlingen at Valley International Airport in the southernmost tip of Texas. Austin based-Lynxs Group is the project developer.

The Lynxs NAFTA CargoPort’s first phase will total 75,000 sf and will deliver in early 2002. Ray Brimble, managing partner of Lynxs Group, tells GlobeSt.com that the facility could reach up to 200,000 sf in three phases that will deliver over a period of several years.

Lynx provides all of the project financing and owns 100% of the cargo facility. Brimble says the land is a 40-year ground lease, with the city acting as co-developer. Lynxs got the gig by responding to an RFP put out by the Valley International Airport board, an entity of the City of Harlingen.

Board chairman, William Peacock says Lynxs also will “market the airport and Lower Rio Grande Valley region on a national and international basis.” According to Peacock, the CargoPort will be located in a Foreign Trade Zone at the airport’s east end, adjacent to the airport’s new 4.5-acre air cargo ramp and recently extended Taxiway “B,” featuring direct highway access to the Free Trade Bridge in Los Indios, Mexico.

Brimble believes air cargo from Mexico will increase dramatically as new trucking laws make their way through the US Congress in a move to take lots of unsafe trucks off the road and regulate how far inland unqualified Mexican trucks can go. The Valley International Airport is within the proposed 20-mile border limit.

“Trade between Mexico and the United States continues to flourish,” says Brimble, “encouraged by growing numbers of maquiladoras in nearby Matamoros and Reynosa, Mexico along with twin facilities located in the booming trans-border corridor stretching from Brownsville to McAllen, Texas.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information

GlobeSt. NET LEASE Awards 2021Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.