
TexAmericas Responds to Increased Industrial Demand
As demand for office and retail commercial real estate spaces are at record lows during the pandemic, industrial space is ramping up. TexAmericas Center (TAC) is one such company that has been responding to and preparing for the increase in industrial demand during COVID-19.
Based in Texarkana, TAC owns and operates one of the largest mixed-use industrial parks in the United States, servicing four states (Texas, Arkansas, Louisiana, and Oklahoma), and has experienced business growth firsthand since the pandemic started. To meet this growing demand, TAC has:
- Broken ground on a 150,000-square-foot spec building with key-access features, which is the first new building in the industrial park in 15 years. The spec building will be ready for immediate occupancy. While build-to-suit options may have extended timelines, spec buildings can limit upfront investment hurdles for potential tenants.
- Implemented virtual Zoom tours to interested prospective tenants from the beginning of the pandemic
- Debuted new third-party logistics services and appointed its first-ever vice president of logistics to lead this effort.
- ◦Development