Green Point Breaks Ground on 636K SF Phase I at 200-Acre Sky Park El Paso

Key Points

• Green Point Property Co. is developing a 200-acre industrial park in El Paso
• Phase I includes 636,465 square feet across two warehouse buildings
• Backed by Silverado Interests and financed by Stellar Bank, with delivery expected by year-end

Sky Park El Paso

Dallas-based Green Point Property Co. is moving forward on Phase I of Sky Park El Paso, a 200-acre industrial development in West Texas. The first phase will total 636,465 square feet across two buildings, marking a sizable addition to El Paso’s logistics pipeline.

What 636K Square Feet Means for El Paso Industrial Supply

Phase I includes a 443,975-square-foot cross-dock warehouse and flex building and a 192,490-square-foot rear-load building. Cross-dock configurations are highly desirable for logistics users needing efficient truck circulation and rapid throughput. Rear-load space appeals to regional distributors and last-mile operators seeking cost efficiency. Combined, the mix positions the project to capture both national and regional tenants tied to border trade and Southwest distribution routes.

What the Capital Stack Signals for Project Confidence

The development is backed by Silverado Interests as equity partner and financed by Stellar Bank. Construction is being handled by Ridgemont Commercial Construction, with leasing led by CBRE. Institutional equity and bank construction financing underscore continued lender appetite for well-located industrial product, particularly in growth corridors like El Paso.

What This Means for Texas Industrial Investors

El Paso remains a strategic logistics node due to its proximity to the U.S.-Mexico border and established manufacturing base. Green Point expects to deliver pre-installed dock packages, warehouse lighting, shipping and receiving offices, and restrooms upon shell completion in October. That move-in-ready strategy can shorten lease-up timelines and attract tenants seeking faster occupancy. With Phase I scheduled for substantial completion before year-end, Sky Park adds meaningful speculative supply to a Texas industrial market that continues to draw capital despite broader economic uncertainty. The takeaway is clear. Border-driven logistics demand remains strong enough to support large-scale speculative development in West Texas.