March 24, 2020 Comments (0) Views: 394 Texas - Other, Texas News

El Paso’s Last Remaining Spec Industrial Now Spoken For

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Supply-chain management firm Impulse 4.0 has signed a lease to occupy 125,646 square feet of industrial space at 9581 Joe Rodriguez Dr. in El Paso. The newly-constructed industrial building is now 100% leased.

“This lease from Impulse 4.0 fills the last of the speculative industrial space currently available in our market,” said CBRE VP Arturo De la Mora. “As a result of all the favorable indicators we are seeing, the new owners, Raith Capital Partners and Equity Industrial Partners, will soon start construction to deliver new inventory to meet growing market demands.”

The property, completed last year by Hanson Asset Management, was recently purchased by Raith and Equity Industrial. De la Mora and CBRE colleague Andrés Sandoval represented ownership in leasing negotiations. Adrian Slater with Commercial Border Partners represented Impulse 4.0.

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