VanTrust Real Estate has launched a 59-acre spec logistics park in El Paso. Phase I of the logistics park, which is VanTrust’s first El Paso project, consists of four buildings totaling more than 514,135 square feet. Phase II will add two more buildings totaling 480,504 square feet.
“We’ve seen tremendous demand for industrial property in El Paso over the past few years, which creates a great opportunity for VanTrust to enter this dynamic marketplace with one of the region’s largest spec industrial projects,” said Josh Meredith, director of development at VanTrust.
El Paso is traversed by I-10, the fourth-longest Interstate in the nation. Additionally, the region is served by rail lines, two international airports and five international crossings between El Paso and Mexico.
“There has never been a more dynamic time for the industrial market in El Paso,” said Bill Caparis, El Paso-based SVP in CBRE’s Industrial and Logistics practice.
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 also 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.