New Tenant Improvements for DB Schenker

The new tenant improvements for DB Schenker at El Paso Logistics Park Bldg. #5 are complete. Located at 12455 Mercantile Ave. in El Paso, this project involved the construction of a new office area and modifications to existing space, totaling 3,167 sq ft. The work included new restrooms and was registered with TDLR in August 2023.

VantTrust Real Estate served as the owner of record for this privately funded development on private land. PSRBB Industrial Architects, PLLC was the design firm of record. The estimated cost for the project was $550,000, which calculates to $174 per square foot. This cost is below the median estimated cost of $800,000 for similar new construction filings in El Paso County, while the cost per square foot is above the county median of $111.

Construction Timeline and Scope

Construction began in August 2023, the same month the project was registered with the Texas Department of Licensing and Regulation. The scheduled build window was 122 days, which is shorter than the county median of 214 days for similar projects. The scope of work specifically included the construction of a new office area of approximately 1,782 sq ft and modifications to an existing office area of approximately 1,385 sq ft. The final inspection was passed in December 2023, aligning with the completion date listed on the filing.

TDLR closed the project file in September 2026, which marks the end of the accessibility review process for this construction. VanTrust Real Estate has six other TDLR-registered projects, totaling $60,705,000, including developments in Brownsville, San Antonio, and other parts of El Paso. PSRBB Industrial Architects, PLLC has also worked on six other registered projects totaling $78,860,000, with significant industrial developments in Socorro and El Paso.

The project is situated in ZIP code 79928, an area with a population of about 82,792 according to U.S. Census ACS 2023 estimates. The median household income in this ZIP code is $73,704, and housing is predominantly owner-occupied. Other registered projects in the immediate area include Eastlake Retail Building, ProTrans, and StudioRes by Marriott, reflecting active commercial and residential development in the region. El Paso County’s unemployment rate was 4.8 percent in July 2026, higher than a year earlier, indicating a shifting labor market for construction and industrial sectors.