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Texas  + Houston-Galveston  + Industrial  | 
GCP Paper

Mexican Paper Maker Building 565K-SF New Caney Factory

GCP Paper, a Mexico-based private label paper product company, obtained construction financing for the development of a 565,765-square-foot manufacturing facility in New Caney, Texas. 

CBRE Capital Markets’ Debt & Structured Finance team, represented by John Fenoglio and Brock Hudson in Houston, secured the 80% loan-to-cost (LTC) construction loan for GCP Paper in conjunction with Pontikes, the developer. Jason Greenway and Emily Loomis, along with Cadence Bank, provided the financing. Satterfield & Pontikes is the project’s general contractor. 

GCP Paper is the market leader in Mexico for private label paper products such as toilet paper, facial tissue, and paper towels. This new facility will be the company’s flagship location in the United States. 

Located at 19685 Emerald Lane in the East Montgomery Industrial Park, the facility will consist of two interconnected single-story structures: an office/production warehouse and a mill building.

Construction on the facility started in June 2025 and is expected to be complete in June 2026. 

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
  • ◦Financing
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