Green Point Property Co., along with equity partner Silverado Interests, is developing a 200-acre industrial park in El Paso that will include 636,000 square feet across two warehouse buildings. Financing will be provided by Stellar Bank, with delivery expected by year-end.
Phase I includes a 443,975-square-foot cross-dock warehouse and flex building and a 192,490-square-foot rear-load building. Cross-dock configurations are highly desirable for logistics users needing efficient truck circulation and rapid throughput. Rear-load space appeals to regional distributors and last-mile operators seeking cost efficiency. Combined, the mix positions the project to capture both national and regional tenants tied to border trade and Southwest distribution routes.
Construction is being handled by Ridgemont Commercial Construction, with leasing led by CBRE. Green Point expects to deliver shell completion in October.
The post Green Point Developing 636K-SF El Paso Warehouse Project appeared first on Connect CRE.
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