Pharr EDC: Demand is growing for bigger and bigger warehouses
PHARR, Texas - Pharr Economic Development Corporation is not just getting more and more calls for warehouse space. The EDC is being asked for bigger and bigger warehouses.
The EDC’s property and business manager, Janie Cavazos, acknowledged as much in a recent presentation to real estate developers, brokers and bankers.
“After hearing of what's happening with this area and all the near-shoring that is going on, we’re seeing a lot of activity happening, Cavazos said.
“So, when you look at what type of projects we're currently working on and the dynamics in terms of the size of buildings that are being requested, they're no longer your 50,000 or 80,000 square feet warehouses. We're looking at 100,000, 150,000, up to a million square feet. And this would be for one tenant. We're seeing a lot of that.”
Cavazos made her presentation at the latest monthly investment and commercialization tour hosted by the Rio Grande Valley Partnership. The presentation took place at the Tierra Del Sol Golf Club. It was followed by a bus tour of Pharr’s industrial parks near the Pharr-Reynosa International Bridge.
In her video presentation, Cavazos spoke about the new warehouses being constructed by companies like Capote, Dekal, Majestic, Zuko, Aztec Realty, MAS Logistics, and CIL Logistics.
Cavazos encouraged those listening to her presentation to go upstairs and see a 3-D model of a new industrial park being planned by Zuko. It will cater exclusively for the fresh produce industry.
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