$150M distribution center slated for El Paso Airport$150M distribution center slated for El Paso Airporthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=250092020-10-07T05:00:00Z2020-10-07T15:00:00Z

​​​EL PASO – Marmaxx Operating Group, a TJX Cos. unit, is planning a 1.7 million-sf warehouse and distribution center at Global Reach Dr. and George Perry Blvd. 

Marmaxx will lease the​ 200 acres, owned by the El Paso International Airport, for $595,494 over 40 years. 

The city and county will provide $14.3 million in tax rebates and other incentives. El Paso Water will pay $1.4 million to relocate a water well from the site. 

The $150 million facility will distribute products to over 1,130 Marshalls clothing stores. It will create 950 jobs within five years.

Marmaxx will later add an additional 346,104 sf to the project, bringing the total to over two million sf. 

Construction will take two years. 

Texas logoThe Real Estate Center has more news like this:

Source: El Paso Times
El Paso Times
El Paso
Read more at {Source}

 Search NewsTalk Texas