Robert Fordi Of Realterm Acquires 34.1 Acre Industrial Facility In El Paso, Texas
11090 Gateway Boulevard
Building Size
—
Asset Type
Industrial
Closing
Sep 16, 2025
AI
11090 Gateway Boulevard is a 34.11-acre industrial outdoor storage facility located in the El Paso market. The property is fully leased to TFA Logistics and includes a 30,632-square-foot fleet maintenance building that offers direct access to I-10 and key border infrastructure.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 11090 Gateway Boulevard
- Market: El Paso
- Acres: 34.11
- Buyer: Robert Fordi - Realterm
Realterm's acquisition of this facility enhances its presence within the U.S.-Mexico trade corridor, indicating a strategic expansion in the region. The transaction is representative of Realterm's commitment to developing logistics and industrial properties that support vital transportation networks.
Players
El Paso Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93