Colliers New Mexico-El Paso and Killam Development are pleased to announce the closing of a ± 272-acre land sale in the Santa Teresa, New Mexico market. Engineering design and development will begin in Q1 2026 with first lots and build-to-suit opportunities with limited availability in the first phase.

Located within a designated Foreign Trade Zone (FTZ), the property is strategically situated at the northwest corner of Pete Domenici Highway and Strauss Road, roughly four miles directly north of the Santa Teresa Port of Entry. Colliers brokers Bob Feinberg and Tom Jones, CCIM, who represented both Killam and the seller in the transaction, have been selected to exclusively handle the marketing for the development.

“We are excited to partner with Killam Development, which is an experienced and knowledgeable developer and looking forward to bringing their vision of the Avila Industrial Park to fruition. This is a prime location for businesses, manufacturers, and anyone who wants to do business and service the growing needs in the Borderplex region, which is where you want to be right now,” says Mr. Feinberg, Sr. VP and Principal.

“The site is extremely well positioned for development with its strategic location, water and sewer infrastructure that is ready to go, and at the right inflection point to capture the existing and growing demand in the area for logistics and manufacturing space,” says Cliffe Killam, the President of Killam Development.

“Killam Development is excited to join the business community in the Santa Teresa market, make a positive impact in the community, and help contribute to this dynamic, modern logistics industrial hub reshaping supply-chains and how business gets done,” stated Killam.

“Our partnership with Colliers brings additional expertise and deep institutional reach, ensuring the project is matched with the best first-class businesses,” stated Killam.

Killam Development led the purchase and acquisition of the land with a strategic focus on capturing the momentum of nearshoring and the growing industrial demand in Santa Teresa. Killam is overseeing the development process, including branding, comprehensive design, platting, comprehensive design, and construction efforts. Killam Development’s role ensures that this project is built for long-term success, reinforcing Santa Teresa as a premier hub for industrial expansion and cross-border connectivity.

In addition to being FTZ ready, the property also features the following benefits:

• Located approximately four miles directly south on Pete Domenici Highway to the Santa Teresa Port of Entry at the border of Santa Teresa and San Jerónimo, Chihuahua, Mexico
• Cargo trucks allowed 10,000 lbs. overweight without penalty
• Located across Pete Domenici Highway from Alta Mesa Estates, a ± 1,200-acre mixed-use master planned development which is set to transform Santa Teresa
• Located less than two miles from Project Jupiter, an innovative AI data center campus that is currently under construction and expected to provide at least 2,500+ construction jobs and 750+ permanent jobs
• Close proximity to Santa Teresa’s newly expanded airport and Union Pacific’s intermodal hub
• Approximately 12 minutes from Interstate 10 at Artcraft Road in El Paso, Texas
• Located just two miles north of the planned Border Highway Connector (NM 139), a roadway corridor that will enhance regional connectivity between Santa Teresa, Sunland Park, and El Paso
• Availability of a variety of real estate tax abatement and tax credit programs to end users

Availability for occupancy includes:

• Build-to-Suit
• Land Sales
• Ground Leases

“Thanks to its strategic location, the surge in nearshoring demand, and the growing number of companies committing to the area, the Santa Teresa market is positioned to emerge as a leading hub for industrial development and growth,” said Mr. Jones, Sr. VP and Principal. “We are very pleased to contribute to this dynamic new chapter for the market and to partner with Killam Development. The Killam team has been exceptional to work with. They are forward-thinking leaders with a clear understanding of market demand and strategic investments. It’s an honor to have been entrusted by Killam to lead the leasing and land sales.”

About Colliers | New Mexico-El Paso

As a market leader across the state of New Mexico since 1985, and in El Paso, our local team of real estate advisors and employees provide every client extensive commercial real estate industry experience, superior market knowledge throughout the region and a thorough understanding of the complexities associated with commercial real estate. We offer expertise in the full spectrum of commercial transaction services, appraisals, and property management, specializing in office, investment, industrial, retail, land, and multi housing investments. Our professionals hold numerous prestigious industry designations, including Certified Commercial Investment Member® (CCIM®), Society of Industrial and Office Realtors (SIOR®) and Certified Property Manager® (CPM®). The firm is also an Accredited Management Organization® (AMO®), a symbol of excellence for real estate management firms issued by the Institute of Real Estate Management® (IREM®).

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms — Real Estate Services, Engineering, and Investment Management — we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fueled by visionary leadership, significant inside ownership and substantial recurring earnings. With $5.5 billion in annual revenues, a team of 24,000 professionals, and $108 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

About Killam Development
Killam Development is a premier real estate development company, focused on US/Mexico manufacturing and cross-border trade and logistics. With a legacy of excellence spanning over 100 years, The Killam Family and organization specialize in master-planned industrial parks, communities, commercial properties, and developments that prioritize quality and innovation. For additional information about Killam Development and our portfolio, visit www.killamdevelopment.com.