There are plenty of benefits to renting office space on the west side of El Paso. This is an excellent option with direct access to Old Mesilla and Las Cruces. You can also take advantage of flexible lease terms. So how can you get an awesome place for less?
Intelligent Office on the El Paso West Side office space is the answer! These offices are available for rent and can be customized to meet your needs.
The city of El Paso has a vibrant and dynamic economy and is situated along the U.S.Mexico border. It offers companies significant access to transportation, with direct access to markets in the U.S. and Mexico. The city is a thriving point for business. With so many great on-demand office space options, it’s easy to find an office space that suits your needs.
If you want direct access to Las Cruces and Old Mesilla, New Mexico, you’ve come to the right place. From Intelligent Office El Paso West Side office space, you can get the convenience of a fully-furnished office in Las Cruces, five miles from the New Mexico capital. The city has a long history, beginning in 1854, when President Grant signed the Gadsden Purchase, securing land from Mexico.
Today, the oil and gas industries play a significant role in New Mexico’s economy. The state’s oil and gas industry provides over $2.5 billion in funding each year, making it the state’s largest single employer. More than 23,000 people in the state make their living from these jobs. While the industry has boomed and busted in recent years, New Mexico’s natural gas reserves are among the highest in the lower 48 states.
The first train reached Las Cruces in 1881. As the country’s centennial drew near, American nationalists took advantage of the scenic vistas of the American West and incorporated them into national parks. As a result, the city became a tourist destination and a thriving arts and culture scene as time passed.
As El Paso’s industrial base expands, the need for industrial space will continue to grow. El Paso has a 4 percent vacancy rate and could be well below 2 percent in the next couple of years if it were not for two outdated buildings. Those buildings lack the physical features that many major distribution users require. Speculative development has also been supported by solid rent growth over the past 18 months. Developers in El Paso delivered three projects by the end of 2019, including a project completed by local builder Russell Hanson. The project will be fully leased in the first quarter of 2020.
While a dedicated office can be expensive, El Paso has attracted more institutional investors. Last year, the city’s net absorption rate reached 3.8 million square feet, just shy of the previous record. This year, it is expected to be even higher, with nearly 450,000 square feet of net absorption in the East El Paso submarket. By the end of the year, the city is on track to reach its annual goal.
If you’re looking for flexible office space in El Paso, TX, check out Intelligent Office. The website features several listings for various office spaces, and you can tailor your search according to your specific needs. For example, you can search by square footage, size, lease rate, and contact brokers to arrange a viewing. Depending on your needs, you can search for office space in Central, West, or East El Paso.