A Texas development company on March 29 announced that it’s started the latest development phase on a master-planned industrial park in Santa Teresa.
Blue Road Investments, which is based in Dallas, broke ground at the Westpark Logistics Center on what it calls Building 3 and Building 4. The two projects will total 646,263 square feet.
At 425,368 square feet, Building 3 is a cross-dock facility offering 36-foot clear heights. Building 4 will be a 220,895-square-foot rear-load facility with 32-foot clear heights.
In a news release, Jeff Hackmeyer of Blue Road Investments said that the development will interest companies working to bring manufacturing and supply chains back to North America.
“This project should continue to help supply the much-needed Class A product to the market,” he said in the news release.
When completed — current estimates have a timeline of January — Westpark Logistics Center’s square footage will total more than 1.3 million square feet.
Information about which firms will build the structures was not immediately available. When it came to Westpark Building 1, Blue Road Investments contracted with MW Builders which worked with several New Mexico companies.
Christian Perez Giese and Rex Maingot of CBRE’s El Paso office will market the new buildings for sale or lease.
The project is designed for tenants who wish to occupy industrial space ranging from 50,000 to 420,000 square feet.
Blue Road Investment’s first development in the Westpark Logistics Center was completed in February 2021. Dubbed Westpark Building 1, the 315,000-square-foot cross-dock distribution center is home to The Tecma Group.
Westpark Building 2 is home to Ergomotion Inc., a Santa Barbara, California-based manufacturer of bedding bases.
The Westpark Logistics Center exists within a foreign trade zone, providing advantages for companies regarding U.S. Customs enforcement and import fees. Essentially, companies located in these zones can delay paying taxes on imported materials until their final product is sold. They can also avoid paying taxes altogether if their final product is re-exported elsewhere.
In addition to its proximity to El Paso, the industrial park is situated between the Union Pacific Intermodal Yard and the Santa Teresa Port of Entry, which connects the 70,000-acre bi-national community known as Los Santos and offers access to Juarez, Mexico.
Santa Teresa lies within a 12-mile overweight cargo zone, allowing trucks to carry up to 96,000 pounds of cargo even if they have a reducible load — making the distribution of products less strenuous.
Source: “Texas company to add more industrial space in Santa Teresa“
