CBRE: McAllen on a mission, industrial market movin’CBRE: McAllen on a mission, industrial market movin’https://www.recenter.tamu.edu/news/newstalk-texas/?Item=140532016-08-09T05:00:00Z2016-08-09T21:00:00Z

McALLEN - The McAllen industrial market includes 22.9 million sf spread across five major submarkets including Mission, Edinburg, Pharr, Hidalgo and McAllen. 

Most of the major industrial areas are south of I-2, near international bridges connecting the U.S. with Reynosa, Mexico. 

U.S.-Mexico trade is the major driver of industrial demand in McAllen in addition to produce distribution from South Texas and Mexico.

There were three significant transactions in second quarter 2016. 

  • The largest deal was a warehouse lease by a pet product company in McAllen with existing operations locally.
  • Also in McAllen, a company that refurbishes automotive parts leased 60,000 sf. 
  • In Pharr, a company that handles perishable goods leased 50,000 of cold storage warehouse.​

​See McAllen Industrial Market Research

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