Figures
El Paso Industrial Figures Q1 2026
April 1, 2026 10 Minute Read
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- Q1 2026 net absorption of 1.4 million sq. ft. and gross absorption of 2.0 million sq. ft. were the largest quarterly figures recorded for the El Paso Industrial Market. [note this does not account for two unusual BTS projects in Q4 2021 and Q4 2022]
- 1.6 million sq. ft. of gross absorption was in new, previously unoccupied Class A space that was delivered vacant between 2023 and 2025.
- The market-wide vacancy rate fell 40 bps quarter-over quarter, marking two consecutive quarters of decline following an uninterrupted upward trend that began in Q3 2022.
- 6.1 million sq. ft. of industrial space, of which 5.0 million sq. ft. is speculative, was under construction at the end of Q1 2026.