Figures

El Paso Industrial Figures Q4 2025

January 5, 2026 10 Minute Read

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  • Q4 2025 net absorption remained strong after a solid Q3, easily outpacing H2 2024 by 1.8 million sq. ft.
  • 2025 total annual net absorption of 2.9 million sq. ft. fell just short of the record-high set in 2023 while the 2025 total annual gross absorption of 4.7 million sq. ft. is the largest figure recorded for the El Paso Industrial market. [note this does not account for two unusual BTS projects in 2021 and 2022]
  • The market-wide vacancy rate was down 30 basis bps quarter-over quarter, trending downward for the first time since Q3 2022.
  • 6.0 million sq. ft. of industrial space, of which 5.0 million sq. ft. is speculative, is under construction at the end of Q4 2025.