Stonelake Capital purchases 90 acres for 1.3M-sf logistics parkStonelake Capital purchases 90 acres for 1.3M-sf logistics parkhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=278672022-07-29T05:00:00Z2022-08-01T16:00:00Z

​​​​EL PASO – Stonelake Capital Partners has acquired 90 acres at the corner of Montana Ave. and Joe Battle Blvd. for the development of a 1.3 million-sf business ​park.

The 375 Logistics Park will comprise four to six buildings and has been appraised at $30.8 million.

River Oak Properties was the seller. Construction begins in the first quarter of next year and wraps at the end of 2023.​​

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