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CBRE Arranges 20,000-sq.-ft. Lease for Customs and Logistics Provider in El Paso, Texas
EL PASO, Texas - June 13, 2017 - CBRE announces G-Global, a customs and logistics provider for the maquiladora industry in Mexico, leased 20,000 sq. ft. in El Paso. The tenant, headquartered in Tijuana Baja California, Mexico, will occupy space at 9600 Joe Rodriguez.
Arturo De la Mora of CBRE's El Paso office represented the tenant. Andrés Sandoval of CBRE's El Paso office represented the landlord, IDI Gazeley.
"G-Global selected this space because of the building quality and proximity to their client. It will be used to store customer merchandise for maquiladoras operating in Cd. Juárez," said Mr. De la Mora.
G-Global adds to the consistent growth and stability of logistics, distribution, and warehousing firms in the El Paso region. According to CBRE Research, since the beginning of 2017, this sector has spurred just over 830,000 sq. ft. of industrial activity in the El Paso market.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.