Christian Perez Giese, executive vice president and director of CBRE's industrial real estate office in El Paso and Ciudad Juarez, discusses industrial space trends and cross-border trade trends in the El Paso-Santa Teresa-Juarez market. The report, which CBRE recently published, revealed that 2025 was the second-best year for net absorption for the industrial sector for El Paso, with a 10.4% vacancy rate. The trend of larger industrial buildings, buildings built for higher volume, more sophisticated logistics and distribution, and buildings that meet e-commerce standards has been accelerating due to tariffs and supply chain disruptions. The total industrial space built in 2025 was approximately 5 million square feet, crossing the 80 million-square-foot threshold for the regional market. So far in 2026, 6 million square ft are under construction, 5 million of which are speculative buildings. The top industries for industrial space absorption were transportation/third-party logistics, electronics/electrical equipment, and auto and parts manufacturing (9%), electronics/electric equipment (18%), electronics manufacturing (18%) and computer manufacturing (11%), electronics (18%). The value of a cargo shipment crossing the Mexican border has increased.