Texas Border Business
PHARR, Texas – The City of Pharr Economic Development Corporation (PEDC) will host a Wall Raising Ceremony to celebrate Ocotillo Captial Partners’ newest expansion, Capote Building H. This will now be the eighth building in the Capote International Business Park!
The event will take place at 10 am on Tuesday, January 23, 2024, at 1201 E. Capote Central Ave. in Pharr, Texas.
“We are excited about the opportunity to deliver another building to the Pharr market in conjunction with the Capote International Business Park,” said Nick Dyer, Principal, Ocotillo Capital Partners. “Warehouse space is sorely needed in the Pharr-McAllen market and we hope to be able to fill some of that need,” he continued. “We recognize that cross-border trade is a major part of the growth story of the Rio Grande Valley and we feel privileged to be able to contribute to that growth,” stated Dryer.
This new construction is a Class A Industrial building with an unmatched location adjacent to the Pharr International Bridge (primary commercial crossing for the McAllen MSA). The building will be a 160,000 SF concrete tilt wall building that will be divisible and features will include 36’ clear height, ESFR fire protection, abundant dock doors with pit levelers at each door, a full 180’ wide truck court for trailer storage, and a secured truck court. It is expected to be completed in June 2024.
“With the Pharr International Bridge continuing to be one of the top ports of entry, the demand in the City of Pharr for more facilities like this one continues to increase,” said Victor Perez, Pharr EDC President/CEO. “Developers such as Ocotillo Capital Partners are helping to fill the gap for logistics, cold storage, distribution, and other international trade facilities that are needed,” added Perez. “We are here to facilitate opportunities and provide resources for all interested businesses,” he said.
All media and the public are invited to attend.
| DETAILS |
| WHAT: Wall Raising Ceremony |
| WHEN: Tuesday, January 23, 2024, at 10 am |
| WHERE: 1201 E. Capote Central Ave., Pharr, Texas 78577 |
