Indianapolis, IN (May 18, 2016)—Pure Development has recently started construction on a new southern Texas distribution and light-manufacturing center for Regal-Beloit.
Pure expects to complete and deliver the 208,000-square-foot, institutional-quality facility – which is expandable to 288,000 square feet – before the end of 2016. The facility will be located in McAllen, a growing industrial market near the Mexican border, and will provide logistics support to Regal’s manufacturing plants just across the border.
“Regal not only wanted a Class A building at a great value, they wanted it in a very strategic location,” said Pure Development Principal Drew Sanders. “This project is another example our commitment to providing tailored solutions wherever our clients want to go.”
Josh Aguilar, with CBRE’s Industrial & Logistics division, represented Regal Beloit Corporation in the extensive site search and lease negotiations.
“Regal investigated options in McAllen and San Antonio before selecting the site at Sharyland Business Park in McAllen,” Aguilar explained. “The new distribution facility’s immediate access to the Anzalduas International Bridge will support its existing operations in Monterrey and Reynosa, and solidify its position in the Rio Grande Valley.”