{"id":52253,"date":"2026-08-31T07:52:29","date_gmt":"2026-08-31T04:52:29","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=52253"},"modified":"2026-08-31T12:53:12","modified_gmt":"2026-08-31T09:53:12","slug":"provident-delivers-final-phase-el-paso-texas-industrial-park","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/provident-delivers-final-phase-el-paso-texas-industrial-park\/","title":{"rendered":"Provident Delivers 4th Phase of El Paso, Texas, Industrial Park"},"content":{"rendered":"<p>Dallas-based real estate development and investment firm Provident, through its Provident Industrial division, recently announced the completion of the final phase of development at Gateway Logistics Park. The project now totals approximately 1.42 million square feet of <a href=\"https:\/\/www.commercialcafe.com\/industrial\/us\/tx\/el-paso\/\" target=\"_blank\" rel=\"noopener\">El Paso, Texas, industrial space<span class=\"sr-only\">(opens in new tab)<\/span><\/a> across six buildings.<\/p>\n<p>Designed to meet the needs of logistics, distribution, and manufacturing users that are engaged in cross-border trade, Gateway Logistics Park is strategically located in East El Paso along Ashtabula Avenue, Vindale Road, and Addison Street, offering tenants direct access to Loop 375 and the international bridges serving the U.S.-Mexico border.<\/p>\n<p>Strong nearshoring activity, cross-border freight volume, and a deep manufacturing labor base has maintained El Paso as one of the most active industrial markets in the Southwest. Provident began construction speculatively on the first building at Gateway Logistics Park in the third quarter of 2022, and the final phase broke ground in February 2025. The recently completed phase four included three buildings totaling more than 497,000 square feet, developed under a forward purchase agreement with an institutional investor.<\/p>\n<p>\u201cWe underwrote this site in late 2021 on a simple read: El Paso\u2019s constraint was supply, not demand,\u201d said Chris Martin, senior vice president of southwest industrial development and acquisitions at Provident Industrial. \u201cAt the time, fewer than a dozen buildings in the entire market offered 32-foot clear heights, and the median industrial building here dated to 1989. The cross-border volume was already moving, but the product wasn\u2019t there. We broke ground in fall 2022 with nothing pre-leased and kept going through four phases and six buildings.\u201d<\/p>\n<p>Texas markets accounted for the majority of the industrial construction pipeline in the Southern U.S. region last month, according to data analyzed for our most recent <a href=\"https:\/\/www.commercialcafe.com\/blog\/national-industrial-report\/\" target=\"_blank\" rel=\"noopener\">monthly national industrial report<span class=\"sr-only\">(opens in new tab)<\/span><\/a>. Specifically, Dallas had the largest pipeline in the country in July as 33.7 million square feet of industrial space was under construction across the market.<\/p>\n<p>At the same time, Houston, with nearly 21.7 million square feet in development, had the second-largest pipeline among Southern U.S. markets and the third-largest nationwide. Together, they accounted for more than 56% of the 98.2 million square feet under construction across top markets in the South at the close of July 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Designed to meet the needs of logistics, distribution, and manufacturing users that are engaged in cross-border trade, Gateway Logistics Park is strategically located in East El Paso, Texas. <\/p>\n","protected":false},"author":48,"featured_media":52257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,41],"tags":[],"class_list":["post-52253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-industrial","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Provident Delivers Industrial Park in El Paso | 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