REYNOSA, Texas - Economic development leaders in the Rio Grande Valley have been voicing concerns over the past year about a lack of manufacturing space in the region.
McAllen EDC President Keith Patridge’s famous phrase is, “We’re selling out of an empty basket.”
Paul Douglass, a developer with Select Real Estate Services, says he can help. Douglass told the Rio Grande Guardian International News Service about a unique industrial space opportunity for sub-lease in Reynosa.
The 274,000 square foot property is Building 4, located within the Villa Florida Industrial Park. Douglass says it is of above market standard quality.
“This property is excellent prime industrial space. It has extra insulation above market standard and has never been occupied,” Douglass said.
“This building offers what could be considered an immediately available "plug and play” space, of approximately 274,000 SF, which includes attractive energy efficiency specifications that would be advantageous for any manufacturing operation that requires HVAC and/or a more sensitive Climate Controlled environment,” Douglass explained.
“Also, considering the need for good labor availability, this location is very well located in the Reynosa, Tamaulipas market. Our thoughts are that everyone in our Rio Grande Valley, South Texas and northeast Mexico extended community will benefit by letting any prospective manufacturer or logistics user know that this space is available in Reynosa.”
Douglass says the property compares favorably with anything in Monterrey, Saltillo, or San Luis Potosí.
“It is not often that this type of beautiful industrial space is already built-out and ready for occupancy. Hopefully this will give Reynosa an advantage over other competing markets,” Douglass added.
Here is a video of the property:
https://youtu.be/YRG6fXE03Nw
Here are the details provided by Douglass:
This Pentair Sublease Building 4 space includes the following characteristics:
· The Building is a brand-new construction, never occupied and considered “Plug and Play”, now ready to be occupied in the Villa Florida Industrial park.
· The Tenant and the Landlord (ProLogis; a prominent Landlord in Reynosa) could offer flexible economic terms and conditions.
· The space was developed and built with the highest construction standards in the market by ProLogis; one of the best and well known developers in the country. The Tenant; PENTAIR, after contracting to have the space built as a Build-To-Suit, has determined not to occupy the space and to Sub-Lease instead.
· The space includes an ESFR sprinkler fire protection system.
· The space includes a LEED Silver certification quality, thus offering other operational advantages.
· The space offers energy efficient HVAC units in the production area, and ventilation system in the warehouse area, thus offering operational cost saving features.
· The entire space offers an above standard thermal insulation system, superior to what typically is offered in the market. This energy efficient system has been installed on both the roof system and in the perimeter walls, which offer operational advantages to a user in not only the monthly electrical bill consumption costs, in terms of employee comfort in the plant; and perhaps even more importantly, Climate Controlled Environment for manufacturing requiring such a specialized environment.
· The space has multiple electrical transformers, and can accommodate additional electrical KVA rights.
· The building includes fully equipped loading docks, with the ability to expand the number of docks, if needed.
