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Emerging from its chrysalis, El Paso’s Butterfield Trail Industrial soars Emerging from its chrysalis, El Paso’s Butterfield Trail Industrial soars https://www.recenter.tamu.edu/news/newstalk-texas/?Item=134822016-06-10T05:00:00Z2016-06-10T20:00:00Z

EL PASO - The 548,629-sf Butterfield Trail portfolio was purchased earlier this year.

A multi-million-dollar capital improvement project for the six-building industrial portfolio in El Paso is underway.

The portfolio, made up of warehouse and flex buildings, was 69 percent occupied at the time of purchase. 

The most significant capital improvements are underway at 19 Leigh Fisher, where there is a 120,000-sf vacancy. 

These capital improvements include a white box inside the warehouse area, new exterior and interior lighting, exterior paint and landscaping, as well as removal of a former tenant’s manufacturing infrastructure and overall deferred maintenance to the property. 

Completion of improvements to the entire portfolio is expected by summer 2016.​
CBRE
El Paso
Industrial
http://www.cbre.us/o/elpaso/Pages/el-paso-commercial-real-estate.aspx

​See El Paso Industrial Market Research. ​​

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