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CBRE is Named Leasing Agent for 304,303 SF Warehouse Development in El Paso, TX

CBRE has been appointed by Equity Industrial Partners and Raith Capital Partners as the exclusive leasing agent for three to be built speculative industrial warehouse buildings in El Paso totaling 304,303 square feet. Construction is scheduled to begin in the second quarter of 2022.

CBRE’s Andrés Sandoval and Arturo De la Mora are representing the developers, a joint venture (JV) between Boston-based Equity Industrial Partners and New York-based Raith Capital Partners. The three speculative buildings will be part of two properties, Plaza Circle and Pan American.

Plaza Circle is located at 9577 Plaza Circle and will comprise two buildings and a 180’ shared truck court. The facility is expected to be completed in the fourth quarter of 2022. Pan American is located at 455 Pan American Drive and will be an 88,859-square-foot warehouse with 17 dock doors with pit dock levelers, one ramp, a single truck court depth of 120’, and 57 auto-parking spaces. The warehouse is expected to be completed in the first quarter of 2023. Equity Industrial Partners and Raith Capital Partners built two other spec facilities in El Paso that they have since sold.

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Equity Industrial PartnersRaith Capital PartnersCBRE

About Erik Hamilton

Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.

  • ◦Lease
  • ◦Development