EL PASO, Texas – May 16, 2016 – CBRE announces that MAHLE Behr Troy Inc, a leading global development partner for the automotive and engine industry, has signed a long-term, 153,000-square-foot lease at 41 Butterfield Trail in El Paso, Texas.
Anthony Mash, with CBRE’s Industrial & Logistics division in El Paso, represented MAHLE in lease negotiations.
The new location will be used to support MAHLE’s distribution of automotive components manufactured in Ciudad Juárez, Mexico.
According to CBRE Research, the El Paso industrial market was 8.4 percent vacant at the end of Q1 2016.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.