Texas + Industrial | June 5, 2020

Hunt Southwest Makes El Paso Debut with Spec Project

Dallas-based Hunt Southwest Real Estate Development is preparing to launch its first project in El Paso, a speculative distribution center located 15 miles southeast of downtown El Paso. Rojas East Distribution Center will offer nearly 370,000 square feet of leasable space.

“El Paso’s industrial market drew our interest due to its low vacancy rate and meteoric rental rate growth,” said Hunt Southwest President Preston Herold. “Further investigation revealed little spec building product and a lack of supply of well-located, developable industrial land.

“Add in the ingredients of the recently ratified United States-Mexico-Canada Agreement (USMCA), and the re-shoring trend due to global trade disputes as well as supply chain disruptions from COVID-19, and you have the fundamentals necessary for a strong spec development market,” he added.

Adin Brown with Sonny Brown & Associates was retained to lease the buildings for Hunt Southwest.

Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Hunt Southwest’s HeroldConnect With Sonny Brown & Associates

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Order Reprints