Located at 16400 Gateway Blvd. W., Speedway Logistics will rise on a 60-acre site at the Darrington Road exit and will include a 426,868-sq.-ft. cross-dock facility and a 377,415-sq.-ft. cross-dock facility. Each building will have 36-foot clear heights, ample car and trailer parking, and convenient access to Interstate 10. The development will also sit just minutes from the Ysleta-Zaragoza Port of Entry, one of the busiest commercial ports in the U.S.
 
“This investment exemplifies our top-down market research approach, and we are excited about the opportunity and growth prospects for this dynamic submarket, where we see a see a structural shift in global supply chains driving an increased demand for logistics properties. We look further to growing our relationship with TCC in Texas and across the U.S.,” said Geoff Smith, Managing Director with Barings.
 
Speedway Logistics marks Barings’ first joint venture with TCC and its first equity investment in the region.
 
“With its proximity to the U.S.-Mexico border and direct access to major transportation corridors, Speedway Logistics is designed to meet El Paso’s continued demand for efficient logistics and distribution space,” said Brian Brooke, Senior Vice President with TCC in Austin. “We’ve seen a growing need for larger, Class-A product, and that’s exactly what we intend to deliver. At Speedway Logistics, tenants will enjoy a world-class gateway for binational trade with exceptional access, visibility, and thoughtful design.”
 
In working with the City of Socorro, Mr. Brooke notes, “They have been fantastic to work with. The folks at the city have proven to be great partners in our effort to bring this project online. There is a pro-business and pro-growth attitude around Socorro, and I hope the city is as excited as we are to see this project go forward.”
 
Christian Perez Giese and Bill Caparis of CBRE will lead marketing and leasing efforts at Speedway Logistics. The project was designed by Powers Brown Architecture and Catamount Constructors is serving as general contractor. Construction financing is provided by Bank OZK.

About Barings
Barings is a US$456+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

*Assets under management as of June 30, 2025

About Trammell Crow Company
Trammell Crow Company (TCC) is a leading commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired 3,000 buildings valued at $90 billion spanning more than 700 million square feet. As of March 31, 2025, TCC had $18.3 billion of projects in process and $12.8 billion in its pipeline. With 550 employees throughout the United States and Europe in 27 offices, the company serves users of and investors in office, industrial/logistics, healthcare, life science, data center and mixed-use projects, as well as multifamily residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.