Mission-McAllen, Texas— Killam Development is proud to announce that it has been awarded the prestigious 2025 CoStar Impact Award for “Lease of the Year” for its successful deal with GDB International, a leading recycling and sustainability solutions company based in New Brunswick, New Jersey, with warehouses and offices located around the U.S., China, Ghana and Mexico.
Winners—chosen for their growth, diversification, and ability to overcome unique challenges in their markets—were selected from a panel of more than 660 industry professionals drawn from each respective market.
The collaboration with Killam Development resulted in GDB International’s expansion into a 64,539-square-foot industrial warehouse located in the Sharyland Business Park, situated in Mission, Texas, within the Greater McAllen/Edinburg/Pharr market.
“Each year, the CoStar Impact Awards celebrate commercial real estate professionals that are introducing innovative and transformative projects and transactions in the industry,” said Lisa Ruggles, Senior Vice President, Global Operations at CoStar Group. “We received an incredible number of submissions this year and enlisted a diverse panel of judges across each market to identify the most impactful projects shaping the commercial real estate landscape. Congratulations to all the winners for their efforts to transform the industry and the communities they serve.”
The Sharyland Business Park, strategically located in Mission, Texas, offers state-of-the-art facilities that align with GDB International’s commitment to environmental stewardship and innovation. This expansion not only enhances GDB International’s operational capabilities but also contributes positively to the economic growth of the Rio Grande Valley.
The Rio Grande Valley has experienced significant industrial growth in recent years. In 2023, McAllen reported $150.3 million in building permits, underscoring the region’s robust development. Additionally, the McAllen industrial market has seen a vacancy rate of 1.8% and a growing dynamic economic landscape, according to Q4 2023 CBRE Research.
The successful completion of this lease was made possible through the dedicated efforts of Killam Development’s team members: Susie Torres, Leasing Manager; David Ramirez, Property Manager; Viridiana Suchil, Real Estate Coordinator.
Their unwavering commitment and expertise were instrumental in nurturing the relationship with GDB International and bringing this deal to fruition.
Susie Torres, Leasing Manager at Killam Development, expressed her enthusiasm: “We’re proud to provide the industrial space and support they need to grow in South Texas, and we look forward to supporting their goals and witnessing their positive impact on our community.”
Killam Development continues to play a pivotal role in shaping the commercial and industrial real estate landscape of the Rio Grande Valley. By attracting industry leaders like GDB International, Killam Development reinforces its commitment to driving economic development and promoting sustainable business practices in the region.
For more information about Killam Development’s latest projects, please visit www.killamdevelopment.com.
About the CoStar Impact Awards:
The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2024 that significantly influenced neighborhoods or submarkets across 129 major markets in the United States, Canada and the United Kingdom.
The annual CoStar Impact Awards celebrates commercial real estate professionals who have brought leadership, innovation and professionalism to their markets, by spotlighting commendable transactions and projects.
About Killam Development:
Killam Development is a premier real estate development company dedicated to creating vibrant communities in South Texas. With a legacy of excellence spanning over 100 years, The Killam Family and organization specialize in master-planned communities, commercial properties, and developments that prioritize quality and innovation. For additional information about Killam Development and our portfolio, visit www.killamdevelopment.com
Media inquiries contact:
Alejandra Urrabazo-Martinez
VP, Marketing
