El Paso Sumitomo wired for 261,000 SFEl Paso Sumitomo wired for 261,000 SFhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=45802014-03-25T10:12:00Z2014-03-25T08:00:00Z

EL PASO - Sumitomo Electric Wiring Systems signed a 111,500-sf lease at 12120 Esther Lama Dr., and renewed an adjacent 149,483-sf lease at 12110 Esther Lama Dr. Both leases are Class A buildings in East El Paso.

East El Paso had the largest gross absorption and second largest net absorption in sf out of all El Paso submarkets, according to CBRE’s fourth quarter 2013 MarketView. With a current collective vacancy of 1,011,378 sf, the Class A vacancy rate in the East submarket has declined to 1.8 percent.

Sumitomo Electric Wiring Systems manufacturers wiring harnesses and other automotive components, and has held the lease at 12110 Esther Lama Dr. since 1994.

“El Paso has a talented workforce, and we’re pleased to be able to continue our growth here,” said Don Walsh, General Manager at Sumitomo Electric Wiring Systems.

Chicago-based BRE/TX Industrial Properties LLC owns the buildings.

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