The Santa Teresa Business Center
The Santa Teresa Business Center is a 212-acre, master-planned industrial park located six miles from the Santa Teresa border crossing with Mexico. Part of 2,600 acres being developed for industrial use in Santa Teresa, the Business Center lies adjacent to the Dona Ana County International Airport and just minutes from El Paso, Texas. The park has direct, four-lane access to Interstate 10 and the Union Pacific/Southern Pacific rail line as well. The Santa Teresa Business Center has experienced phenomenal growth since its beginning with over 1.8 million square feet of industrial space constructed and over 1,500 jobs created. Location, financial incentives and other advantages have fueled this growth. The Santa Teresa Border Industrial Park, located adjacent to the Santa Teresa Port of Entry consists of 1,300 acres, 231 of which have been constructed in phase one. A 122,771 square foot industrial building has been constructed at this park and is currently available for occupancy. The Border Park is ideal for clients that need to be as close to Mexico as possible, while retaining a U.S. presence. The Santa Teresa Intermodal Park, located adjacent to the Union Pacific’s Transcontinental line consists of 1,100 acres, 313 of which have been constructed in phase one. All facilities and services are installed at this park and the first tenants have begun establishing their facilities here. The Intermodal Park is poised to become the premier logistics center, which incorporates truck, rail and air modes on the US-Mexico border. We expect industrial growth at Santa Teresa’s industrial parks to continue led by: • State-of-the-art customs facilities with less than a ten-minute wait currently and significant room for expansion of customs services in the future. • Position as eastern-most land crossing between the US and Mexico. • Geographic location less than a day’s drive from six major US markets. • New Mexico’s tax advantages over Texas and other states. • Proximity to El Paso and Juarez manufacturing and support facilities, three international airports, three major railroads and Interstate 10. • A strong Mexican economy which grew at 7.9% in 1999 (Banco de México). • An abundant labor force at competitive costs with educational programs and institutions in place to support industrial development. • New Mexico incentives such as Industrial Revenue Bonds, Investment Tax Credits, and In-Plant Training Grants.
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