CBRE Brokers 20,000 SF Industrial Lease in El Paso

by Haisten Willis

EL PASO, TEXAS — CBRE has brokered a 20,000-square-foot expansion lease at Merchant Industrial for JICHASA, a logistics services firm. The expansion brings the multi-tenant industrial park in El Paso to 75 percent occupancy. Additionally, a retail chain has signed a short-term, 40,200-square-foot lease for temporary storage. Merchant Industrial is a 245,473-square-foot industrial park located at 7155, 7157, 7177 and 7189 Merchant Ave. The project is part of a larger industrial portfolio owned and managed by Phoenix-based ViaWest Group. Arturo De la Mora of CBRE’s industrial and logistics division represents the landlord and is marketing the remaining 60,600 square feet of vacancy.

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