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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