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Trio Building 1M SF El Paso Industrial Project
A who’s who of industrial investors and developers have joined forces on a 939,000-square-foot speculative project in El Paso. However, over half of the speculation has been taken out of the equation. PCCP, Panattoni and Hunt Companies are combining forces on a two-building development that is already over 50% pre-leased. Called Project Grande, it represents the first phase of a planned 1.8 million square foot industrial park.
The Class A logistics facilities are currently under construction, with completion anticipated in Q3 and Q4 2024.
Situated on approximately 45 acres, Project Grande is well-located within the El Paso industrial market, benefiting from strong fundamentals, including a 3.3% vacancy rate. The project is situated near the Zaragoza International Port of Entry.
- ◦Development