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Industrial Statistics, El Paso, TX
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| Inventory s.f. |
Central City |
| Total 2003 |
54,306,550 |
| Vacant 2003 |
8,381,022 |
| Occupied 2003 |
45,925,528 |
| Total 2004 |
54,790,800 |
| Vacant 2004 |
6,825,688 |
| Occupied 2004 |
47,965,112 |
| Net Absorption 2004 |
2,039,584 |
| Vacancy Rate 2004 |
12.46% |
| Construction 2004 |
484,250 |
| Improved Sites |
Central City |
| Less than 2 acres |
$3.00 |
| 2 to 5 acres |
$2.75 |
| 5 to 10 acres |
$1.75 |
| More than 10 acres |
$1.50 |
| Unimproved Sites |
Central City |
| Less than 10 acres |
$0.75 |
| 10 to 100 acres |
$0.50 |
| More than 100 acres |
$0.20 |
| |
Sales Price $/ SF |
Lease Price $ / SF |
Construction $ / SF |
Vacancy Indications |
| Less than 5,000 sf |
$30.00-$32.00 |
$5.00 -$6.00 |
$36.00 -$41.00 |
Balanced Market |
| 5,000 to 19,999 sf |
$28.00 -$29.00 |
$3.25 -$4.50 |
$32.00 -$36.00 |
Balanced Market |
| 20,000 to 39,999sf |
$27.50 -$28.50 |
$3.25 -$3.75 |
$29.00 -$32.00 |
Balanced Market |
| 40,000 to 59,999 sf |
$25.50 -$26.50 |
$3.25 -$3.75 |
$26.00 -$29.00 |
Balanced Market |
| 60,000 to 99,999 sf |
$23.50 -$24.50 |
$2.95 -$3.50 |
$24.00 -$26.00 |
Balanced Market |
| 100,000 to 250,000 sf |
$23.00 -$24.00 |
$2.75 -$3.50 |
$22.00 -$24.00 |
Balanced Market |
| 250,000 sf or more |
$22.00 -$23.00 |
$2.75 -$3.50 |
$21.00 -$22.00 |
Balanced Market |
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Warehouse & Factories |
| Real Estate Taxes |
$0.45 -$0.75 |
| Insurance (Fire & Liability) |
$0.15 |
| Structural & Roof Maintenance |
$0.05 |
| Common Area Maintenance |
$0.15 -$0.45 |
| Prime Source Financing:
Insurance Companies, Commercial Banks &Pension Funds
Mortgage Money Supply:
Ample |
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2004 Review:
El Paso, Texas experienced a stronger 2004 with over 2 million
square feet of net absorption. Vacancy rates have fallen from
15.4% in 2003 to 12.4% in 2004. New construction in 2004 was 1/2
million square feet and mostly owner occupied. El Paso and Juarez,
Mexico work in tandem. Juarez's 2004 strong recovery is beginning
to be reflected in El Paso.
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2005 Forecast:
As Juarez continues to boom, so will El Paso, as suppliers and
customers and companies relocate and expand. El Paso is beginning
the construction of the Texas Tech Medical School. This plus
defense growth at Fort Bliss and White Sands will help to propel
the El Paso economy in 2005.
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Past Industrial Statistics
(PDF Format)
2005 Industrial Statistics
2004 Industrial Statistics
2003 Industrial Statistics
2002 Industrial Statistics
2001 Industrial Statistics
2000 Industrial Statistics
1999 Industrial Statistics
Other Statistics
(PDF Format)
Office Statistics
2005 Office Statistics
2004 Office Statistics
2003 Office Statistics
2002 Office Statistics
2001 Office Statistics
2000 Office Statistics
1999 Office Statistics
Juarez, Mexico Statistics
2008 Juarez Industrial Statistics
2007 Juarez Industrial Statistics
2006 Juarez Industrial Statistics
2005 Juarez Industrial Statistics
2004 Juarez Industrial Statistics
2003 Juarez Industrial Statistics
2002 Juarez Industrial Statistics
2001 Juarez Industrial Statistics
2000 Juarez Industrial Statistics
1999 Juarez Industrial Statistics
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