101 W. Eldora Road Pharr, Texas 78577

Transcription

INVESTMENT SUMMARY PACKAGE FOR:
101 W. Eldora Road
Pharr, Texas 78577
Submitted By:
In Conjunction With:
Bob Garber, SIOR
Principal
216.525.1467 Office
216.390.9684 Cell
Bryan S. Duffy, MAI, CCIM
Robinson, Duffy & Barnard, LLP
956.428.4480 Office
956.428.4154 Fax
3 Summit Park Drive, Suite 200 • Cleveland, Ohio 44131 • 216-520-1200
CONFIDENTIALITY AGREEMENT
The following “Investment Property Information” is being supplied to the Prospective Investor
on a confidential basis and pursuant to the Confidentiality Agreement which was supplied and
executed prior to submission of the enclosed information.
CONFIDENTIALITY AGREEMENT
This Confidentiality Agreement (this “Agreement”) is made and entered into this ___ day
of ___________, 20__ by and between Universal Metal Products, Inc. & Seaholm Development, Ltd.
(“Seller”) and ______ __________________________________________ (“Purchaser”).
W I T N E S S E T H:
WHEREAS, Seller desires to consider a business arrangement or transaction; and
WHEREAS, Purchaser requires certain confidential information concerning Seller for
the purpose of evaluating such business arrangement or transaction; and
WHEREAS, Seller is agreeable to supplying certain information to Purchaser subject to
the terms and conditions hereof.
NOW,THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, it is agreed as follows:
Purchaser shall hold in confidence, unless compelled to disclose by judicial order or by other
requirements of law, all information received from Seller in connection with the proposed transaction,
except to the extent such information can be shown to have been (a) previously known on a nonconfidential basis by Purchaser, (b) developed independently by Purchaser, (c) in the public domain
through no fault of Purchaser, or (d) later lawfully acquired by Purchaser from sources other than Seller;
provided that Purchaser may disclose such information to its directors, officers, employees, accountants,
legal counsel, and agents in connection with the proposed transaction, so long as such persons are
informed by Purchaser of the confidential nature of such information and are directed to treat such
information confidentially. In this regard, Purchaser shall limit distribution of such information solely to
those persons who, in Purchaser’s sole discretion, must be involved in the analysis of the transaction. If
the transaction is not consummated, Purchaser agrees that it will, at the direction of Seller, either return
such information to Seller or destroy the same. Purchaser further agrees that it will, at the direction of
Seller, permanently delete all computer files and destroy such analyses, compilations, studies or
documents prepared by Purchaser, which contain or otherwise reflect such information.
Purchaser acknowledges and agrees that Seller would suffer irreparable loss and damage if
Purchaser should breach or violate any of the provisions contained in this Agreement. Purchaser
further acknowledges and agrees that each of the terms contained herein is reasonably
necessary to protect and preserve the business and the assets of Seller. Purchaser therefore
agrees and consents that in addition to any other remedies available to Seller shall be entitled to
injunctive relief to remedy a breach or contemplated breach by Purchaser of any of the terms of
this Agreement.
This Agreement shall be and is for the express benefit of Seller and any successors and assigns
thereto.
Confidentiality Agreement
Page 2
Purchaser acknowledges that Owner nor Broker make, nor have either of them made, any
representation or warranty to you as the accuracy or completeness of the Property Evaluation Materials.
You agree that Owner and Broker will not have any liability as a result of your use of the Evaluation
Material and that you will perform your own studies and are responsible for such due diligence
investigations and inspections of the Property, including investigation of any environmental conditions, on
which you intend to rely and as you deem necessary or desirable to make your investment decision.
1)The provisions of this Agreement are severable and if any one or more provisions may be
determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions to
the extent enforceable shall nevertheless be binding and enforceable.
2)The waiver by one party of a breach of any provision of this Agreement by the other party shall
not operate or be construed as a waiver of any subsequent breach of the same or any other
provision by the other party.
3)This Agreement shall be governed by and construed in accordance with the laws of the State of
Ohio.
IN WITNESS WHEREOF, the parties have executed this Confidentiality Agreement the day and
year first above written.
UNIVERSAL METAL PRODUCTS, INC.
& SEAHOLM DEVELOPMENT, LTD.
By: _________________________________
(Name)
By: __________________________________
(Name)
Its: _________________________________
(Title)
Its: __________________________________
(Title)
TABLE OF CONTENTS
1.
Executive Summary
2.
Property Description
3.
Financial Information
4.
Market Overview
5.
General Tenant Description
6.
Auditor Information
7.
Pharr, TX:
Zoning Information
City Information
8.
Offering Procedure
SECTION 1 – EXECUTIVE SUMMARY
EXECUTIVE SUMMARY
PROPERTY OVERVIEW
On behalf of the Owner, CRESCO Real Estate is offering for sale 101 W.
Eldora Road in Pharr, Texas. This building totals approximately 60,225
square feet on 7.4 acres.
PROPERTY HIGHLIGHTS
Address:
County:
Year Built:
Total SF:
Available SF:
Acreage:
101 W. Eldora Road, Pharr, TX
Hidalgo
1999
60,225
None
7.40 Acres *
Number of Tenants:
Ceiling Height:
Sprinkler System:
Docks:
Drive-Ins:
Parking:
1
24’
Yes
4
1
Ample - Asphalt
* Approximately 3.4 acres identified as the westernmost area is considered excess land, available for
development.
McALLEN, TEXAS
MARKET HIGHLIGHTS
• One of the fastest growing metropolitan areas in the United States.
• The regional retail destination for Northeastern Mexican states.
• Introduction of the North American Free Trade Association and allowed an increase in
international trade, cross-border commerce with Mexico and heath care.
• McAllen has a Foreign Trade Zone designation which offers specific cost-saving
opportunities to manufactures including full logistic support services and public warehouse
services.
• McAllen has a public transportation system as well as the McAllen-Miller International
Airport.
• McAllen is becoming a major medical trade area by developing commercial, retail, office,
industrial, medical, retirement and educational facilities.
EXECUTIVE SUMMARY – PAGE 2
CONSOLIDATED FINANCIAL
HIGHLIGHTS
Projected NOI (2014):
$240,900
Total Square Feet:
60,225
Current Occupancy:
100%
Asking Sale Price:
$3,450,000*
CAP Rate:
7.0%
Upon property transfer, Universal Metal Products will sign a ten (10) year, NNN lease. The year one (1) rental
rate will be $4.00 per square foot, increasing by two percent (2%) each successive lease year.
Landlord to remain responsible for roof replacement, structural and foundation.
* Includes excess land parcel of approximately 3.4 acres.
INVESTMENT OFFERING
101 W. Eldora Road • Pharr, Texas 78577
2014 Projected NOI: $240,900.00
Asking Sale Price: $3,450,000.00
Cap Rate: 7%
•
•
•
•
•
•
•
•
•
Long Term Sale-Leaseback
100% Occupancy Rate
60,225 square feet
7.4 total acres which can allow for building
and parking expansion
Docks and Drive-Ins
Many recent renovations
Ideal facility for manufacturing purposes
Excellent freeway access
Highway visibility
N
For a complete Investment Summary Package,
please call at your earliest convenience.
Bob Garber, SIOR
Principal
216.525.1467
[email protected]
Marketed in conjunction with:
Bryan S. Duffy, MAI, CCIM
Robinson, Duffy & Barnard, LLP
1906 E. Tyler Avenue, Suite C
Harlingen, Texas 78550
T; 956.428.4480
F: 956.428.4154
[email protected]
Information herein is not guaranteed. It is obtained from reliable sources, but is
subject to errors, omissions, changes and withdrawal without notice.
3 Summit Park Drive, Suite 200 • Cleveland, Ohio 44131 • 216-520-1200
101 W. ELDORA ROAD
PHARR, TEXAS 78577
Highlighted area reflects approximate parcel
101 W. ELDORA ROAD
PHARR, TEXAS 78577
Highlighted area reflects approximate parcel
SAMPLE PHOTOS OF UNIVERSAL METAL
PRODUCTS
EXTERIOR
PRODUCTS
STREET VIEWS
PRODUCTS
SHED BUILDING
OFFICE AREA
PRODUCTS
MANUFACTURING AREA
PRODUCTS
MANUFACTURING AREA
SECTION 2 – PROPERTY DESCRIPTION
PROPERTY DESCRIPTION
Address:
101 W. Eldora Road
Pharr, Texas 78577
Property Type:
Office / Manufacturing
Zoning:
LI – Limited Industrial
Gross Building Size:
60,225 square feet of total space. There is 2,330 square feet
of first floor office and 940 square feet of second floor office
(not included n the total space). Approximately 30,000 square
feet was constructed in 2006/2007.
Acreage:
7.4 acres
Year Built:
1999/2006/2007
Parking Spaces:
Ample – Asphalt
Air-Conditioned:
100% (15 units)
Sprinklered:
Yes
Ceiling Height:
24’
Roof:
Metal
Construction Type:
Tilt-panel, steel bar joists
Docks:
Four (4)
Drive-Ins:
One (1)
* There are approximately 3.4 acres of this parcel that are not being utilized for the current building or parking.
The information contained herein is not guaranteed.
reliable sources, it is subject to errors and/or omissions.
Although obtained from
SECTION 3 – FINANCIAL INFORMATION
101 W. ELDORA ROAD
PHARR, TEXAS 78577
Universal Metal Products Inc. (UMP) will be executing a ten (10) year lease upon property
transfer.
The rental rate and annual base rental amount shall be as follows:
Year
Rate/SF
Annual Base Amount
1
2
3
4
5
6
7
8
9
10
$4.00
$4.08
$4.16
$4.24
$4.32
$4.41
$4.50
$4.59
$4.68
$4.77
$240,900.00
$245,718.00
$250,536.00
$255,354.00
$260,172.00
$265,592.25
$271,012.50
$276,432.75
$281,053.00
$287,273.25
Avg.
$4.37
$263,183.25
The lease shall be regarded as NNN, except Landlord shall remain responsible for roof
replacement, structural and foundation.
Tenant shall be granted two (2) options to renew for five (5) years each. The rental rate shall be
the rate charged at the end of Year 10, adjusted for each successive lease year through the two
(2) option periods at 70% of the Consumer Price Index. Tenant to provide twelve (12) months
prior written notice of their intent to renew.
SECTION 4 – MARKET OVERVIEW
The CoStar
Industrial Report
T H I R D
Q U A R T E R
2 0 1 3
McAllen/Edinburg/Pharr
Industrial Market
THIRD QUARTER 2013 – MCALLEN/EDINBURG/PHARR
McAllen/Edinburg/Pharr Industrial Market
Table of Contents
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A
Methodology. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B
Terms & Definitions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C
Market Highlights & Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
CoStar Markets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Inventory & Development Analysis. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Inventory & Development Analysis
Figures at a Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Figures at a Glance by Building Type & Market
Historical Figures at a Glance
Leasing Activity Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Select Top Lease Transactions
Analysis of Individual CoStar Submarket Clusters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Downtown McAllen Market
Edinburg Market
Greater McAllen Market
Pharr Market
©2013 COSTAR GROUP, INC.
THE COSTAR INDUSTRIAL REPORT
A
MCALLEN/EDINBURG/PHARR – THIRD QUARTER 2013
Methodology
The CoStar Industrial Report calculates Industrial statistics using CoStar Group's base of existing,
under construction and under renovation Industrial buildings in each given metropolitan area. All
Industrial building types are included, including warehouse, flex / research & development, distribution,
manufacturing, industrial showroom, and service buildings, in both single-tenant and multi-tenant
buildings, including owner-occupied buildings. CoStar Group's national database includes approximately
80.7 billion square feet of coverage in 3.5 million properties. All rental rates reported in the CoStar
Industrial Report are calculated using the quoted rental rate for each property.
For information on subscribing to CoStar’s other products and services, please contact us at
1-877-7COSTAR, or visit our web site at www.costar.com
© Copyright 2013 CoStar Group, Inc. All Rights Reserved. Although CoStar makes efforts to ensure the accuracy and reliability of the
information contained herein, CoStar makes no guarantee, representation or warranty regarding the quality, accuracy, timeliness or
completeness of the information. The publication is provided ‘as is’ and CoStar expressly disclaims any guarantees, representations or
warranties of any kind, including those of MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
CoStar Group, Inc.
1331 L ST NW • Washington, DC 20005• (800) 204-5960 • www.costar.com • NASDAQ: CSGP
B
Terms & Definitions
Availability Rate: The ratio of available space to total rentable
space, calculated by dividing the total available square feet by the
total rentable square feet.
Deliveries: Buildings that complete construction during a specified
period of time. In order for space to be considered delivered, a
certificate of occupancy must have been issued for the property.
Available Space: The total amount of space that is currently
being marketed as available for lease in a given time period. It
includes any space that is available, regardless of whether the
space is vacant, occupied, available for sublease, or available at
a future date.
Delivery Date: The date a building completes construction and
receives a certificate of occupancy.
Build-to-Suit: A term describing a particular property, developed
specifically for a certain tenant to occupy, with structural features,
systems, or improvement work designed specifically for the needs
of that tenant. A build-to-suit can be leased or owned by the tenant. In a leased build-to-suit, a tenant will usually have a long
term lease on the space.
Direct Space: Space that is being offered for lease directly from
the landlord or owner of a building, as opposed to space being
offered in a building by another tenant (or broker of a tenant)
trying to sublet a space that has already been leased.
Buyer: The individual, group, company, or entity that has purchased a commercial real estate asset.
Cap Rate: Short for capitalization rate. The Cap Rate is a calculation that reflects the relationship between one year’s net operating
income and the current market value of a particular property.
The Cap Rate is calculated by dividing the annual net operating
income by the sales price (or asking sales price).
CBD: Abbreviation for Central Business District. (See also:
Central Business District)
Central Business District: The designations of Central Business
District (CBD) and Suburban refer to a particular geographic area
within a metropolitan statistical area (MSA) describing the level
of real estate development found there. The CBD is characterized
by a high density, well organized core within the largest city of a
given MSA.
Class A: A classification used to describe buildings that generally
qualify as extremely desirable investment-grade properties and
command the highest rents or sale prices compared to other
buildings in the same market. Such buildings are well located
and provide efficient tenant layouts as well as high quality, and in
some buildings, one-of-a-kind floor plans. They can be an architectural or historical landmark designed by prominent architects.
These buildings contain a modern mechanical system, and have
above-average maintenance and management as well as the best
quality materials and workmanship in their trim and interior fittings. They are generally the most attractive and eagerly sought
by investors willing to pay a premium for quality.
Class B: A classification used to describe buildings that generally
qualify as a more speculative investment, and as such, command
lower rents or sale prices compared to Class A properties. Such
buildings offer utilitarian space without special attractions, and
have ordinary design, if new or fairly new; good to excellent
design if an older non-landmark building. These buildings typically have average to good maintenance, management and tenants.
They are less appealing to tenants than Class A properties, and
may be deficient in a number of respects including floor plans,
condition and facilities. They lack prestige and must depend
chiefly on a lower price to attract tenants and investors.
Class C: A classification used to describe buildings that generally qualify as no-frills, older buildings that offer basic space and
command lower rents or sale prices compared to other buildings
in the same market. Such buildings typically have below-average
maintenance and management, and could have mixed or low
tenant prestige, inferior elevators, and/or mechanical/electrical
systems. These buildings lack prestige and must depend chiefly
on a lower price to attract tenants and investors.
Construction Starts: Buildings that began construction during a
specific period of time. (See also: Deliveries)
Contiguous Blocks of Space: Space within a building that is, or is
able to be joined together into a single contiguous space.
Developer: The company, entity or individual that transforms raw
land to improved property by use of labor, capital and entrepreneurial efforts.
Existing Inventory: The square footage of buildings that have
received a certificate of occupancy and are able to be occupied
by tenants. It does not include space in buildings that are either
planned, under construction or under renovation.
Flex Building: A type of building designed to be versatile, which
may be used in combination with office (corporate headquarters),
research and development, quasi-retail sales, and including but
not limited to industrial, warehouse, and distribution uses. A typical flex building will be one or two stories with at least half of the
rentable area being used as office space, have ceiling heights of 16
feet or less, and have some type of drive-in door, even though the
door may be glassed in or sealed off.
Full Service Rental Rate: Rental rates that include all operating
expenses such as utilities, electricity, janitorial services, taxes and
insurance.
Gross Absorption: The total change in occupied space over a
given period of time, counting space that is occupied but not
space that is vacated by tenants. Gross absorption differs from
leasing Activity, which is the sum of all space leased over a certain
period of time. Unless otherwise noted Gross Absorption includes
direct and sublease space.
Growth in Inventory: The change in size of the existing square
footage in a given area over a given period of time, generally due
to the construction of new buildings.
Industrial Building: A type of building adapted for such uses as
the assemblage, processing, and/or manufacturing of products
from raw materials or fabricated parts. Additional uses include
warehousing, distribution, and maintenance facilities. The primary purpose of the space is for storing, producing, assembling,
or distributing product.
Landlord Rep: (Landlord Representative) In a typical lease transaction between an owner/landlord and tenant, the broker that
represents the interests of the owner/landlord is referred to as the
Landlord Rep.
Leased Space: All the space that has a financial lease obligation.
It includes all leased space, regardless of whether the space is
currently occupied by a tenant. Leased space also includes space
being offered for sublease.
Leasing Activity: The volume of square footage that is committed to and signed under a lease obligation for a specific building
or market in a given period of time. It includes direct leases,
subleases and renewals of existing leases. It also includes any
pre-leasing activity in planned, under construction, or under
renovation buildings.
Market: Geographic boundaries that serve to delineate core areas
that are competitive with each other and constitute a generally
accepted primary competitive set of areas. Markets are buildingtype specific, and are non-overlapping contiguous geographic
designations having a cumulative sum that matches the boundaries of the entire Region (See also: Region). Markets can be further
subdivided into Submarkets. (See also: Submarkets)
C
Multi-Tenant: Buildings that house more than one tenant at a
given time. Usually, multi-tenant buildings were designed and
built to accommodate many different floor plans and designs for
different tenant needs. (See also: Tenancy).
Net Absorption: The net change in occupied space over a given
period of time. Unless otherwise noted Net Absorption includes
direct and sublease space.
Net Rental Rate: A rental rate that excludes certain expenses that
a tenant could incur in occupying office space. Such expenses
are expected to be paid directly by the tenant and may include
janitorial costs, electricity, utilities, taxes, insurance and other
related costs.
New Space: Sometimes called first generation space, refers to
space that has never been occupied and/or leased by a tenant.
Occupied Space: Space that is physically occupied by a tenant.
It does not include leased space that is not currently occupied
by a tenant.
Office Building: A type of commercial building used exclusively
or primarily for office use (business), as opposed to manufacturing, warehousing, or other uses. Office buildings may sometimes
have other associated uses within part of the building, i.e., retail
sales, financial, or restaurant, usually on the ground floor.
Owner: The company, entity, or individual that holds title on a
given building or property.
Planned/Proposed: The status of a building that has been
announced for future development but not yet started
construction.
Preleased Space: The amount of space in a building that has been
leased prior to its construction completion date, or certificate of
occupancy date.
Price/SF: Calculated by dividing the price of a building (either
sales price or asking sales price) by the Rentable Building Area
(RBA).
Property Manager: The company and/or person responsible for
the day-to-day operations of a building, such as cleaning, trash
removal, etc. The property manager also makes sure that the various systems within the building, such as the elevators, HVAC, and
electrical systems, are functioning properly.
Quoted Rental Rate: The asking rate per square foot for a particular building or unit of space by a broker or property owner.
Quoted rental rates may differ from the actual rates paid by
tenants following the negotiation of all terms and conditions in
a specific lease.
RBA: Abbreviation for Rentable Building Area. (See also:
Rentable Building Area)
Region: Core areas containing a large population nucleus, that
together with adjacent communities have a high degree of economic and social integration. Regions are further divided into
market areas, called Markets. (See also: Markets)
Relet Space: Sometimes called second generation or direct space,
refers to existing space that has previously been occupied by
another tenant.
Rentable Building Area: (RBA) The total square footage of a
building that can be occupied by, or assigned to a tenant for the
purpose of determining a tenant’s rental obligation. Generally
RBA includes a percentage of common areas including all hallways, main lobbies, bathrooms, and telephone closets.
Rental Rates: The annual costs of occupancy for a particular
space quoted on a per square foot basis.
Sales Price: The total dollar amount paid for a particular property
at a particular point in time.
Sales Volume: The sum of sales prices for a given group of buildings in a given time period.
D
Seller: The individual, group, company, or entity that sells a particular commercial real estate asset.
SF: Abbreviation for Square Feet.
Single-Tenant: Buildings that are occupied, or intended to be
occupied by a single tenant. (See also: Build-to-suit and Tenancy)
Sublease Space: Space that has been leased by a tenant and is
being offered for lease back to the market by the tenant with
the lease obligation. Sublease space is sometimes referred to as
sublet space.
Submarkets: Specific geographic boundaries that serve to delineate a core group of buildings that are competitive with each
other and constitute a generally accepted primary competitive
set, or peer group. Submarkets are building type specific (office,
industrial, retail, etc.), with distinct boundaries dependent on
different factors relevant to each building type. Submarkets are
non-overlapping, contiguous geographic designations having a
cumulative sum that matches the boundaries of the Market they
are located within (See also: Market).
Suburban: The Suburban and Central Business District (CBD)
designations refer to a particular geographic area within a metropolitan statistical area (MSA). Suburban is defined as including all
office inventory not located in the CBD. (See also: CBD)
Tenancy: A term used to indicate whether or not a building is
occupied by multiple tenants (See also: Multi-tenant) or a single
tenant. (See also: Single-tenant)
Tenant Rep: Tenant Rep stands for Tenant Representative. In a
typical lease transaction between an owner/landlord and tenant,
the broker that represents the interests of the tenant is referred to
as a Tenant Rep.
Time On Market: A measure of how long a currently available
space has been marketed for lease, regardless of whether it is
vacant or occupied.
Under Construction: The status of a building that is in the process
of being developed, assembled, built or constructed. A building is
considered to be under construction after it has begun construction and until it receives a certificate of occupancy.
Vacancy Rate: A measurement expressed as a percentage of the
total amount of physically vacant space divided by the total
amount of existing inventory. Under construction space generally
is not included in vacancy calculations.
Vacant Space: Space that is not currently occupied by a tenant,
regardless of any lease obligation that may be on the space.
Vacant space could be space that is either available or not available. For example, sublease space that is currently being paid for
by a tenant but not occupied by that tenant, would be considered
vacant space. Likewise, space that has been leased but not yet
occupied because of finish work being done, would also be considered vacant space.
Weighted Average Rental Rate: Rental rates that are calculated by
factoring in, or weighting, the square footage associated with each
particular rental rate. This has the effect of causing rental rates
on larger spaces to affect the average more than that of smaller
spaces. The weighted average rental rate is calculated by taking
the ratio of the square footage associated with the rental rate on
each individual available space to the square footage associated
with rental rates on all available spaces, multiplying the rental rate
by that ratio, and then adding together all the resulting numbers.
Unless specifically specified otherwise, rental rate averages include
both Direct and Sublet available spaces.
Year Built: The year in which a building completed construction
and was issued a certificate of occupancy.
YTD: Abbreviation for Year-to-Date. Describes statistics that are
cumulative from the beginning of a calendar year through whatever time period is being studied.
OVERVIEW
McAllen/Edinburg/Pharr’s Vacancy Falls to 11.4%
Net Absorption Positive 12,975 SF in the Quarter
T
he McAllen/Edinburg/Pharr Industrial market ended the
third quarter 2013 with a vacancy rate of 11.4%. The
vacancy rate was down over the previous quarter, with
net absorption totaling positive 12,975 square feet in the third
quarter. Vacant sublease space remained unchanged in the quarter, ending at zero square feet. Rental rates ended the third quarter at $4.28, an increase over the previous quarter. There were no
properties under construction at the end of the quarter.
Absorption
Net absorption for the overall McAllen/Edinburg/Pharr
Industrial market was positive 12,975 square feet in the third
quarter 2013. That compares to positive 135,914 square feet in
the second quarter 2013, negative (196,945) square feet in the
first quarter 2013 and positive 347,972 square feet in the fourth
quarter 2012.
Tenants moving out of large blocks of space in 2013 include:
Jabil Global Services moving out of (90,437) square feet at 5700 S
International Parkway, Expeditors moving out of (67,200) square
feet at 400 Olmos Boulevard; and TKR moving out of (40,044)
square feet at 5001 W Military Highway.
Tenants moving into large blocks of space in 2013 include:
Alps Logistics Co., Ltd. moving into 72,295 square feet at 7100 S
International Parkway and Venture Manufacturing moving into
32,046 square feet at 5801 George McVay Drive.
The Flex building market recorded net absorption of negative (1,278) square feet in the third quarter 2013, compared to
positive 1,974 square feet in the second quarter 2013, positive
11,026 in the first quarter 2013, and positive 1,875 in the fourth
quarter 2012.
The Warehouse building market recorded net absorption of
Vacancy Rates by Building Type
positive 14,253 square feet in the third quarter 2013 compared to
positive 133,940 square feet in the second quarter 2013, negative
(207,971) in the first quarter 2013, and positive 346,097 in the
fourth quarter 2012.
Vacancy
The Industrial vacancy rate in the McAllen/Edinburg/Pharr
market area decreased to 11.4% at the end of the third quarter
2013. The vacancy rate was 11.5% at the end of the second
quarter 2013, 12.3% at the end of the first quarter 2013, and
11.1% at the end of the fourth quarter 2012.
Flex projects reported a vacancy rate of 12.4% at the end of
the third quarter 2013, 12.1% at the end of the second quarter
2013, 12.6% at the end of the first quarter 2013, and 15.6% at
the end of the fourth quarter 2012.
Warehouse projects reported a vacancy rate of 11.3% at the
end of the third quarter 2013, 11.4% at the end of second quarter
2013, 12.3% at the end of the first quarter 2013, and 11.0% at
the end of the fourth quarter 2012.
Largest Lease Signings
The largest lease signings occurring in 2013 included: the
72,261-square-foot lease signed by Alps Logistics Co., Ltd. at
7100 S International Parkway in the Greater McAllen market;
the 32,046-square-foot deal signed by Venture Manufacturing at
5801 George McVay Drive, in the Greater McAllen market; and
the 12,558-square-foot lease signed by Valley Discount Metals at
4309 W US Highway 83 in the Greater McAllen market.
Rental Rates
The average quoted asking rental rate for available Industrial
space was $4.28 per square foot per year at the end of the third
2007-2013
Flex
Warehouse
Total Market
25%
Vacancy Rate
20%
15%
10%
5%
0%
2007
4q
2008
1q
2008
2q
2008
3q
2008
4q
2009
1q
2009
2q
2009
3q
2009
4q
2010
1q
2010
2q
2010
3q
2010
4q
2011
1q
2011
2q
2011
3q
2011
4q
2012
1q
2012
2q
2012
3q
2012
4q
2013
1q
2013
2q
2013
3q
Source: CoStar Property®
Absorption & Deliveries
Past 9 Quarters
U.S. Vacancy Comparison
Past 9 Quarters
1
OVERVIEW
quarter 2013 in the McAllen/Edinburg/Pharr market area. This
represented a 3.1% increase in quoted rental rates from the end
of the second quarter 2013, when rents were reported at $4.15
per square foot.
The average quoted rate within the Flex sector was $8.97
per square foot at the end of the third quarter 2013, while
Warehouse rates stood at $4.12. At the end of the second quarter
2013, Flex rates were $8.04 per square foot, and Warehouse rates
were $4.01.
Inventory
Total Industrial inventory in the McAllen/Edinburg/Pharr
market area amounted to 16,033,289 square feet in 373 buildings as of the end of the third quarter 2013. The Flex sector consisted of 363,886 square feet in 15 projects. The Warehouse sector consisted of 15,669,403 square feet in 358 buildings. Within
the Industrial market there were 21 owner-occupied buildings
accounting for 1,158,994 square feet of Industrial space.
Reports compiled by: Ryan Forman, CoStar Research
Manager
007-2013
2010
3q
2010
4q
Total Market
2011
1q
2011
2q
2011
3q
2011
4q
2012
1q
2012
2q
2012
3q
2012
4q
2013
1q
2013
2q
2013
3q
U.S. Vacancy Comparison
Past 9 Quarters
United States
14.0%
12.0%
10.0%
Vacancy Rate
10
q
Warehouse
8.0%
6.0%
4.0%
2.0%
0.0%
2011
3q
2011
4q
2012
1q
2012
2q
2012
3q
2012
4q
2013
1q
2013
2q
2013
3q
Source: CoStar Property•
2
5%
0%
2007
4q
2008
1q
2008
2q
2008
3q
2008
4q
2009
1q
OVERVIEW
.
2009
2q
2009
3q
2009
4q
2010
1q
Absorption & Deliveries
Past 9 Quarters
Net Absorption
Deliveries
0.4
0.3
0.3
0.3
0.2
0.2
Millions SF
0.2
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0 0.0
2013
2q
2013
3q
0.0
(0.0)
(0.1)
(0.1)
(0.2)
(0.2)
(0.2)
(0.3)
2011
3q
2011
4q
2012
1q
2012
2q
2012
3q
2012
4q
2013
1q
Source: CoStar Property•
3
2010
2q
201
3q
MARKETS
CoStar Submarkets
In analyzing metropolitan areas, CoStar has developed geographic designations to help group properties together, called Markets,
Submarket Clusters and Submarkets. Markets are the equivalent of metropolitan areas, or areas containing a large population
nucleus, that together with adjacent communities have a high degree of economic and social integration. Markets are then divided
into Submarket Clusters, which are core areas within a metropolitan area that are known to be competitive with each other in terms
of attracting and keeping tenants. Markets are then further subdivided into smaller units called Submarkets, which serve to delineate
a core group of buildings that are competitive with each other and constitute a generally accepted competitive set, or peer group.
Submarket Clusters
Downtown McAllen
Edinburg
Greater McAllen
Pharr
4
INVENTORY & DEVELOPMENT
Historical Deliveries
1982 - 2013
Deliveries
1.6
Average Delivered SF
1.4
1.3
1.4
Millions of SF
1.2
1.0
0.9
0.8
0.8
0.7
0.7
0.6
0.4
0.2
0.2
0.5
0.4
0.4
0.2 0.2 0.2
0.3
0.3
0.1 0.2
0.3
0.3
0.3
0.3 0.3
0.2
0.1
0.1
0.1
0.3
0.6
0.4
0.1
0.0
0.0
0.0
1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
* Future deliveries based on current under construction buildings.
Construction Activity
Markets Ranked by Under Construction RBA
Under Construction Inventory
Total RBA
# Bldgs
Market
Average Bldg Size
Preleased SF
Preleased %
All Existing
U/C
Pharr
0
0
0
0.0%
28,115
0
Downtown McAllen
0
0
0
0.0%
9,130
0
Edinburg
0
0
0
0.0%
34,398
0
Greater McAllen
0
0
0
0.0%
53,515
0
Totals
0
0
0
42,985
0
0.0%
Recent Deliveries
Leased & Un-Leased SF in Deliveries Since 2009
Leased
0.3
Un-Leased
Millions of SF
0.3
0.2
0.2
0.1
0.1
0.0
2009
2010
2011
2012
2013
5
INVENTORY & DEVELOPMENT
Historical Construction Starts & Deliveries
Square Footage Per Quarter Starting and Completing Construction
Construction Starts
0.3
Deliveries
0.3
0.3
Millions of SF
0.3
0.2
0.2
0.2
0.2
0.1
0.1
0.1
0.0
0.1
0.0
0.0 0.0
0.0
0.0
0.0 0.0
2010 1q
2010 2q
2010 3q
2010 4q
2011 1q
0.0
0.0
0.0
0.0
2011 3q
2011 4q
0.0
0.0 0.0
0.0 0.0
0.0
0.0 0.0
0.0 0.0
0.0 0.0
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
0.0
2011 2q
Recent Deliveries by Project Size
Building Size
# Bldgs
RBA
Breakdown of Year-to-Date Development Based on RBA of Project
SF Leased
% Leased
Avg Rate
Single-Tenant
Multi-Tenant
< 50,000 SF
0
0
0
0.0%
$0.00
0
0
50,000 SF - 99,999 SF
0
0
0
0.0%
$0.00
0
0
100,000 SF - 249,999 SF
0
0
0
0.0%
$0.00
0
0
250,000 SF - 499,999 SF
0
0
0
0.0%
$0.00
0
0
>= 500,000 SF
0
0
0
0.0%
$0.00
0
0
Recent Development by Tenancy
Existing Inventory Comparison
Based on RBA Developed for Single & Multi-Tenant Use
Based on Total RBA
No 2013 Deliveries
No Properties Under Construction
By Building Type
2%
By Tenancy Type
31%
69%
98%
Flex
6
Warehouse
Multi
Single
FIGURES AT A GLANCE
Flex Market Statistics
Third Quarter 2013
Existing Inventory
Market
# Blds
Vacancy
Total RBA
Direct SF
Total SF
Vac %
YTD Net
YTD
Under
Quoted
Absorption
Deliveries
Const SF
Rates
Downtown McAllen
0
0
0
0
0.0%
0
0
0
$0.00
Edinburg
1
13,000
0
0
0.0%
13,000
0
0
$0.00
Greater McAllen
9
278,340
42,934
42,934
15.4%
(1,278)
0
0
$7.21
Pharr
5
72,546
2,250
2,250
3.1%
0
0
$16.87
15
363,886
45,184
45,184
Totals
12.4%
0
0
11,722
0
$8.97
Warehouse Market Statistics
Third Quarter 2013
Existing Inventory
Market
Downtown McAllen
# Blds
Total RBA
Vacancy
Direct SF
Total SF
Vac %
YTD Net
YTD
Under
Quoted
Absorption
Deliveries
Const SF
Rates
3
27,389
0
0
0.0%
0
0
0
$0.00
54
1,878,864
100,046
100,046
5.3%
48,453
0
0
$5.20
Greater McAllen
198
10,799,313
1,530,315
1,530,315
14.2%
(118,975)
0
0
$4.04
Pharr
103
2,963,837
148,075
148,075
5.0%
10,744
0
0
$4.24
Totals
358
Edinburg
15,669,403
1,778,436
1,778,436
11.3%
(59,778)
0
0
$4.12
Total Industrial Market Statistics
Existing Inventory
Market
Downtown McAllen
# Blds
Total RBA
Third Quarter 2013
Vacancy
Direct SF
Total SF
Vac %
YTD Net
YTD
Under
Quoted
Absorption
Deliveries
Const SF
Rates
3
27,389
0
0
0.0%
0
0
0
$0.00
55
1,891,864
100,046
100,046
5.3%
61,453
0
0
$5.20
Greater McAllen
207
11,077,653
1,573,249
1,573,249
14.2%
(120,253)
0
0
$4.14
Pharr
108
3,036,383
150,325
150,325
5.0%
10,744
0
0
$5.13
Totals
373
Edinburg
16,033,289
1,823,620
1,823,620
11.4%
(48,056)
0
0
$4.28
7
FIGURES AT A GLANCE
Flex Market Statistics
Third Quarter 2013
Existing Inventory
Period
# Blds
2013 3q
2013 2q
2013 1q
2012 4q
2012 3q
2012 2q
2012 1q
2011 4q
2011 3q
2011 2q
2011 1q
2010 4q
2010 3q
2010 2q
2010 1q
2009
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
Total RBA
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
363,886
Vacancy
Direct SF
Total SF
45,184
43,906
45,880
56,906
58,781
58,781
67,356
67,256
71,096
67,856
49,756
64,956
70,556
84,656
76,756
72,756
Net
Deliveries
Vac %
Absorption
# Blds
12.4%
12.1%
12.6%
15.6%
16.2%
16.2%
18.5%
18.5%
19.5%
18.6%
13.7%
17.9%
19.4%
23.3%
21.1%
20.0%
(1,278)
1,974
11,026
1,875
0
8,575
(100)
3,840
(3,240)
(18,100)
15,200
5,600
14,100
(7,900)
(4,000)
46,822
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
45,184
43,906
45,880
56,906
58,781
58,781
67,356
67,256
71,096
67,856
49,756
64,956
70,556
84,656
76,756
72,756
Total RBA
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
68,564
UC Inventory
# Blds
Quoted
Total RBA
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Rates
$8.97
$8.04
$8.46
$8.46
$8.56
$7.97
$11.28
$11.19
$10.92
$10.84
$10.57
$10.64
$11.23
$11.23
$11.23
$11.51
Warehouse Market Statistics
Existing Inventory
Period
# Blds
2013 3q
2013 2q
2013 1q
2012 4q
2012 3q
2012 2q
2012 1q
2011 4q
2011 3q
2011 2q
2011 1q
2010 4q
2010 3q
2010 2q
2010 1q
2009
358
358
358
358
357
357
357
357
356
355
354
354
354
354
354
353
Total RBA
15,669,403
15,669,403
15,669,403
15,669,403
15,409,403
15,409,403
15,409,403
15,409,403
15,398,130
15,284,548
15,134,548
15,134,548
15,134,548
15,134,548
15,134,548
15,089,548
Third Quarter 2013
Vacancy
Direct SF
1,778,436
1,792,689
1,926,629
1,718,658
1,804,755
1,612,409
1,851,818
1,841,459
1,752,875
1,872,925
2,063,471
2,214,004
2,110,904
2,216,555
2,259,341
2,461,090
Total SF
Net
Deliveries
Vac %
Absorption
# Blds
11.3%
11.4%
12.3%
11.0%
11.7%
10.5%
12.0%
12.0%
11.4%
12.3%
13.6%
14.7%
14.0%
14.7%
15.0%
16.4%
14,253
133,940
(207,971)
346,097
(192,346)
239,409
(10,359)
(77,311)
233,632
340,546
162,628
(103,100)
105,651
42,786
246,749
(609,802)
0
0
0
1
0
0
0
1
1
1
0
0
0
0
1
2
1,778,436
1,792,689
1,926,629
1,718,658
1,804,755
1,612,409
1,851,818
1,841,459
1,752,875
1,872,925
2,063,471
2,226,099
2,122,999
2,228,650
2,271,436
2,473,185
Total RBA
0
0
0
260,000
0
0
0
11,273
113,582
150,000
0
0
0
0
45,000
29,000
UC Inventory
# Blds
0
0
0
0
1
1
1
0
1
2
2
2
1
0
0
1
Total RBA
0
0
0
0
260,000
260,000
260,000
0
11,273
124,855
263,582
263,582
150,000
0
0
45,000
Quoted
Rates
$4.12
$4.01
$4.03
$4.17
$4.01
$3.94
$3.78
$3.72
$3.79
$3.45
$3.53
$4.01
$3.98
$4.16
$4.22
$4.22
Total Industrial Market Statistics
Existing Inventory
Period
# Blds
2013 3q
2013 2q
2013 1q
2012 4q
2012 3q
2012 2q
2012 1q
2011 4q
2011 3q
2011 2q
2011 1q
2010 4q
2010 3q
2010 2q
2010 1q
2009
373
373
373
373
372
372
372
372
371
370
369
369
369
369
369
368
Total RBA
16,033,289
16,033,289
16,033,289
16,033,289
15,773,289
15,773,289
15,773,289
15,773,289
15,762,016
15,648,434
15,498,434
15,498,434
15,498,434
15,498,434
15,498,434
15,453,434
Third Quarter 2013
Vacancy
Direct SF
1,823,620
1,836,595
1,972,509
1,775,564
1,863,536
1,671,190
1,919,174
1,908,715
1,823,971
1,940,781
2,113,227
2,278,960
2,181,460
2,301,211
2,336,097
2,533,846
Total SF
1,823,620
1,836,595
1,972,509
1,775,564
1,863,536
1,671,190
1,919,174
1,908,715
1,823,971
1,940,781
2,113,227
2,291,055
2,193,555
2,313,306
2,348,192
2,545,941
Net
Deliveries
Vac %
Absorption
# Blds
11.4%
11.5%
12.3%
11.1%
11.8%
10.6%
12.2%
12.1%
11.6%
12.4%
13.6%
14.8%
14.2%
14.9%
15.2%
16.5%
12,975
135,914
(196,945)
347,972
(192,346)
247,984
(10,459)
(73,471)
230,392
322,446
177,828
(97,500)
119,751
34,886
242,749
(562,980)
0
0
0
1
0
0
0
1
1
1
0
0
0
0
1
3
Total RBA
0
0
0
260,000
0
0
0
11,273
113,582
150,000
0
0
0
0
45,000
97,564
UC Inventory
# Blds
0
0
0
0
1
1
1
0
1
2
2
2
1
0
0
1
Total RBA
0
0
0
0
260,000
260,000
260,000
0
11,273
124,855
263,582
263,582
150,000
0
0
45,000
Quoted
Rates
$4.28
$4.15
$4.24
$4.44
$4.23
$4.24
$4.11
$4.20
$4.20
$3.84
$3.82
$4.34
$4.34
$4.46
$4.46
$4.42
8
LEASING ACTIVITY
Historical Rental Rates
Based on Quoted Rental Rates
Flex
Warehouse
Total Market
$12.00
Dollars/SF/Year
$10.00
$8.00
$6.00
$4.00
$2.00
$0.00
2011 3q
2011 4q
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Vacancy by Available Space Type
Vacancy by Building Type
Percent of All Vacant Space in Direct vs. Sublet
Percent of All Vacant Space by Building Type
0%
United States
3%
United States
2%
15%
85%
Direct
98%
97%
100%
Sublet
Direct
Flex
Sublet
Warehouse
Flex
Warehouse
U.S. Rental Rate Comparison
Future Space Available
Based on Average Quoted Rental Rates
Space Scheduled to be Available for Occupancy*
United States
0.3
$6.00
0.2
0.2
$4.00
0.2
Millions
Dollars/SF/Year
$5.00
$3.00
0.1
$2.00
0.1
$1.00
$0.00
0.0
0.0
0.0
0.0
0.0
2014 1q
2014 2q
2014 3q
2014 4q
2015 1q
0.0
2011 3q 2011 4q 2012 1q 2012 2q 2012 3q 2012 4q 2013 1q 2013 2q 2013 3q
2013 4q
* Includes Under Construction Space
9
LEASING ACTIVITY
Select Top Industrial Leases
Based on Leased Square Footage For Deals Signed in 2013
Building
Submarket
SF
Qtr
Tenant Name
Tenant Rep Company
Landlord Rep Company
1
7100 S International Pky
Greater McAllen
72,261
1st
Alps Logistics Co., LTD
N/A
Lawson Commercial Realty, Inc.
2
5801 George McVay Dr
Greater McAllen
32,046
1st
Venture Manufacturing
N/A
Verde Realty
3
5200 George McVay Dr
Greater McAllen
18,046
2nd
Scholastic
DTZ
Verde Realty
4
815 E Produce Rd
Greater McAllen
15,061
2nd
Paola’s Used Clothing
N/A
Coldwell Banker Commercial
5
4309 W US Highway 83
Greater McAllen
12,559
1st
Valley Discount Metals
N/A
N/A
6
2705 Ebony St
Greater McAllen
11,053
2nd
N/A
N/A
Lyon Real Estate
7
1302 S 28th St
Edinburg
9,261
1st
N/A
N/A
Allex International Properties
8
3500 Durango Ave
Greater McAllen
9,061
2nd
BenCare
N/A
NAI Rio Grande Valley
9
1328 E Hackberry Ave
Greater McAllen
6,261
2nd
N/A
N/A
10
1328 E Hackberry Ave
Greater McAllen
4,761
2nd
Standard Supplies
N/A
11
520 E Cedar Ave
Greater McAllen
4,059
2nd
N/A
N/A
Aztec Realty
12
1305 E Pecan Ave
Greater McAllen
1,200
1st
N/A
N/A
Aztec Realty
13
824 E Hackberry Ave
Greater McAllen
971
2nd
N/A
N/A
Aztec Realty
14
4403 W Military Hwy
Greater McAllen
322
1st
N/A
N/A
15
907 Produce Park Ln
Greater McAllen
206
2nd
N/A
N/A
Cesar Abanto
16
907 Produce Park Ln
Greater McAllen
206
2nd
N/A
N/A
Cesar Abanto
* Renewal
10
D O W N T O W N
M C A L L E N
M A R K E T
MARKET HIGHLIGHTS - FLEX & WAREHOUSE
Deliveries, Absorption & Vacancy Historical Analysis, Flex and Warehouse
Delivered SF
0.004
Absorption SF
Vacancy
14.0%
0.003
12.0%
10.0%
0.001
8.0%
0.000
6.0%
(0.001)
Percent Vacant
Millions SF
0.002
4.0%
(0.002)
2.0%
(0.003)
(0.004)
0.0%
2010 1q
2010 2q
2010 3q
2010 4q
2011 1q
2011 2q
2011 3q
2011 4q
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Vacant Space
Quoted Rental Rates
Historical Analysis, Flex and Warehouse
Direct SF
0.00
$8.00
Sublet SF
$7.00
0.00
$6.00
Dollars/SF/Year
Millions SF
0.00
0.00
0.00
$5.00
$4.00
$3.00
0.00
$2.00
0.00
$1.00
$0.00
0.00
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2012 1q
2013 3q
Period
2013 3q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Existing Inventory
# Bldgs
Total RBA
3
27,389
Vacancy
Vacant SF
Vacancy %
0
0.0%
Net
Absorption
0
Delivered Inventory
# Bldgs
Total RBA
0
0
UC Inventory
# Bldgs
Total RBA
0
0
Quoted
Rates
$0.00
2013 2q
3
27,389
0
0.0%
0
0
0
0
0
$7.32
2013 1q
3
27,389
0
0.0%
0
0
0
0
0
$7.32
2012 4q
3
27,389
0
0.0%
0
0
0
0
0
$7.32
2012 3q
3
27,389
0
0.0%
300
0
0
0
0
$7.32
2012 2q
3
27,389
300
1.1%
0
0
0
0
0
$7.32
2012 1q
3
27,389
300
1.1%
2,900
0
0
0
0
$7.32
2011 4q
3
27,389
3,200
11.7%
0
0
0
0
0
$9.00
2011 3q
3
27,389
3,200
11.7%
0
0
0
0
$9.00
2011 2q
3
27,389
0
0.0%
0
0
0
0
0
$0.00
2011 1q
3
27,389
0
0.0%
0
0
0
0
0
$0.00
2010 4q
3
27,389
0
0.0%
0
0
0
0
0
$0.00
2010 3q
3
27,389
0
0.0%
0
0
0
0
0
$0.00
2010 2q
3
27,389
0
0.0%
0
0
0
0
0
$0.00
2010 1q
3
27,389
0
0.0%
0
0
0
0
0
$0.00
2009 4q
3
27,389
0
0.0%
0
0
0
0
0
$4.16
(3,200)
11
E D I N B U R G
M A R K E T
Delivered SF
Absorption SF
Vacancy
12.0%
0.150
10.0%
0.100
8.0%
0.050
6.0%
0.000
4.0%
(0.050)
2.0%
(0.100)
Percent Vacant
Millions SF
0.200
0.0%
2010 1q
2010 2q
2010 3q
2010 4q
2011 1q
2011 2q
2011 3q
2011 4q
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Vacant Space
Quoted Rental Rates
Direct SF
0.18
$8.00
Sublet SF
$7.00
0.16
$6.00
Dollars/SF/Year
Millions SF
0.14
0.12
0.10
0.08
0.06
$4.00
$3.00
$2.00
0.04
$1.00
0.02
$0.00
0.00
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2012 1q
2013 3q
Period
2013 3q
$5.00
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Existing Inventory
# Bldgs
Total RBA
55
1,891,864
Vacancy
Vacant SF
Vacancy %
100,046
5.3%
Net
Absorption
34,900
Delivered Inventory
# Bldgs
Total RBA
0
0
(300)
UC Inventory
# Bldgs
Total RBA
0
0
Quoted
Rates
$5.20
2013 2q
55
1,891,864
134,946
7.1%
0
0
0
0
$5.28
2013 1q
55
1,891,864
134,646
7.1%
26,853
0
0
0
0
$5.89
2012 4q
55
1,891,864
161,499
8.5%
(43,259)
0
0
0
0
$5.60
2012 3q
55
1,891,864
118,240
6.2%
(61,100)
0
0
0
0
$5.58
2012 2q
55
1,891,864
57,140
3.0%
2,400
0
0
0
0
$6.86
2012 1q
55
1,891,864
59,540
3.1%
(23,000)
0
0
0
0
$6.40
2011 4q
55
1,891,864
36,540
1.9%
37,260
0
0
0
0
$8.61
2011 3q
55
1,891,864
73,800
3.9%
141,422
1
113,582
0
0
$8.51
2011 2q
54
1,778,282
101,640
5.7%
(4,000)
0
0
1
113,582
$8.51
2011 1q
54
1,778,282
97,640
5.5%
74,200
0
0
1
113,582
$3.60
2010 4q
54
1,778,282
171,840
9.7%
0
0
1
113,582
$3.60
2010 3q
54
1,778,282
171,540
9.6%
4,600
0
0
0
0
$0.00
2010 2q
54
1,778,282
176,140
9.9%
(7,540)
0
0
0
0
$0.00
2010 1q
54
1,778,282
168,600
9.5%
5,400
0
0
0
0
$0.00
2009 4q
54
1,778,282
174,000
9.8%
(84,100)
0
0
0
0
$0.00
(300)
12
G R E A T E R
M C A L L E N
M A R K E T
Delivered SF
0.500
Absorption SF
Vacancy
20.0%
18.0%
0.400
16.0%
14.0%
0.200
12.0%
10.0%
0.100
8.0%
0.000
Percent Vacant
Millions SF
0.300
6.0%
(0.100)
4.0%
(0.200)
2.0%
(0.300)
0.0%
2010 1q
2010 2q
2010 3q
2010 4q
2011 1q
2011 2q
2011 3q
2011 4q
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Vacant Space
Quoted Rental Rates
Direct SF
1.75
$4.20
Sublet SF
$4.15
1.70
$4.10
Dollars/SF/Year
Millions SF
1.65
1.60
1.55
1.50
1.45
$4.00
$3.95
$3.90
1.40
$3.85
1.35
$3.80
1.30
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2012 1q
2013 3q
Period
2013 3q
$4.05
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Existing Inventory
# Bldgs
Total RBA
207
11,077,653
Vacancy
Vacant SF
Vacancy %
1,573,249
14.2%
Net
Absorption
(15,244)
Delivered Inventory
# Bldgs
Total RBA
0
0
UC Inventory
# Bldgs
Total RBA
0
0
Quoted
Rates
$4.14
2013 2q
207
11,077,653
1,558,005
14.1%
134,350
0
0
0
0
$4.00
2013 1q
207
11,077,653
1,692,355
15.3%
(239,359)
0
0
0
0
$3.98
2012 4q
207
11,077,653
1,452,996
13.1%
136,796
0
0
0
0
$4.17
2012 3q
207
11,077,653
1,589,792
14.4%
(154,606)
0
0
0
0
$4.07
2012 2q
207
11,077,653
1,435,186
13.0%
262,409
0
0
0
0
$3.95
2012 1q
207
11,077,653
1,697,595
15.3%
35,833
0
0
0
0
$4.05
2011 4q
207
11,077,653
1,733,428
15.6%
(97,211)
1
11,273
0
0
$4.21
2011 3q
206
11,066,380
1,624,944
14.7%
(37,022)
0
0
1
11,273
$4.31
2011 2q
206
11,066,380
1,587,922
14.3%
418,126
1
150,000
1
11,273
$4.01
2011 1q
205
10,916,380
1,856,048
17.0%
127,739
0
0
1
150,000
$4.00
2010 4q
205
10,916,380
1,983,787
18.2%
(194,800)
0
0
1
150,000
$4.37
2010 3q
205
10,916,380
1,788,987
16.4%
(41,625)
0
0
1
150,000
$4.31
2010 2q
205
10,916,380
1,747,362
16.0%
10,026
0
0
0
0
$4.40
2010 1q
205
10,916,380
1,757,388
16.1%
235,649
1
45,000
0
0
$4.40
2009 4q
204
10,871,380
1,948,037
17.9%
206,946
1
20,000
1
45,000
$4.37
13
P H A R R
M A R K E T
Delivered SF
0.300
Absorption SF
Vacancy
16.0%
0.250
14.0%
12.0%
0.150
10.0%
0.100
8.0%
0.050
6.0%
0.000
Percent Vacant
Millions SF
0.200
4.0%
(0.050)
2.0%
(0.100)
(0.150)
0.0%
2010 1q
2010 2q
2010 3q
2010 4q
2011 1q
2011 2q
2011 3q
2011 4q
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Vacant Space
Quoted Rental Rates
Direct SF
0.20
$8.00
Sublet SF
0.18
$7.00
0.16
$6.00
Dollars/SF/Year
Millions SF
0.14
0.12
0.10
0.08
0.06
$5.00
$4.00
$3.00
$2.00
0.04
$1.00
0.02
$0.00
0.00
2012 1q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2012 1q
2013 3q
Period
2013 3q
2012 2q
2012 3q
2012 4q
2013 1q
2013 2q
2013 3q
Existing Inventory
# Bldgs
Total RBA
108
3,036,383
Vacancy
Vacant SF
Vacancy %
150,325
5.0%
Net
Absorption
(6,681)
Delivered Inventory
# Bldgs
Total RBA
0
0
UC Inventory
# Bldgs
Total RBA
0
0
Quoted
Rates
$5.13
2013 2q
108
3,036,383
143,644
4.7%
1,864
0
0
0
0
$5.26
2013 1q
108
3,036,383
145,508
4.8%
15,561
0
0
0
0
$5.64
2012 4q
108
3,036,383
161,069
5.3%
254,435
1
260,000
0
0
$5.63
2012 3q
107
2,776,383
155,504
5.6%
23,060
0
0
1
260,000
$5.06
2012 2q
107
2,776,383
178,564
6.4%
(16,825)
0
0
1
260,000
$7.22
2012 1q
107
2,776,383
161,739
5.8%
(26,192)
0
0
1
260,000
$3.89
2011 4q
107
2,776,383
135,547
4.9%
(13,520)
0
0
0
0
$3.46
2011 3q
107
2,776,383
122,027
4.4%
129,192
0
0
0
0
$2.54
2011 2q
107
2,776,383
251,219
9.0%
(91,680)
0
0
0
0
$2.14
2011 1q
107
2,776,383
159,539
5.7%
(24,111)
0
0
0
0
$3.18
2010 4q
107
2,776,383
135,428
4.9%
97,600
0
0
0
0
$4.23
2010 3q
107
2,776,383
233,028
8.4%
156,776
0
0
0
0
$4.47
2010 2q
107
2,776,383
389,804
14.0%
32,400
0
0
0
0
$4.72
2010 1q
107
2,776,383
422,204
15.2%
1,700
0
0
0
0
$4.75
2009 4q
107
2,776,383
423,904
15.3%
0
0
0
0
$4.75
(105,132)
14
SECTION 5 – GENERAL TENANT DESCRIPTION
SECTION 6 – AUDITOR INFORMATION













 
 









 

 
 


































































































































 
 









 

 
 










































































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
Page 1 of 1
Tuesday, December 10, 2013
Property Tax Balance
Begin a New Search
Go to Your Portfolio
Unless otherwise noted, all data refers to tax information for 2013. All amounts due include penalty,
interest, and attorney fees when applicable.
Account Number: B365800000000100
Pending Credit Card or E–Check Payments:
No Payment Pending
Appraisal District Number: 532382
Address:
SEAHOLM DEVELOPMENT LTD
PO BOX 130
WICKLIFFE, OH 44092-0130
Property Site Address:
101 W ELDORA RD
Gross Value: $3,245,280
Land Value: $1,508,069
Legal Description:
BORDER LOT 1
Improvement Value:
Current Tax Levy: $94,895.23
Current Amount Due: $94,895.23
Prior Year Amount Due: $0.00
$1,737,211
Capped Value: $0
Agricultural Value:
$0
Exemptions:
None
Total Amount Due: $94,895.23
Exemption and Tax Rate Information
Last Payment Amount for Current Year Taxes:
Not Received
Taxes Due Detail by Year and Jurisdiction
Last Payer for Current Year Taxes:
Not Received
Payment Information
Last Payment Date for Current Year Taxes:
Not Received
Print a Current Tax Statement
Active Lawsuits:
Register to Receive Electronic Tax Statements
None
Click Here to see your estimated amount due for a different date. You can see this information by year and by both year and jurisdiction.
Terms of Use
The Tax Office makes no representations as to the accuracy or reliability of any information accessed from its computer data base. The Tax Office, its officers, agents, employees and representatives shall
not be liable for the information posted on the Tax Office Website in connection with any actions losses, damages, claims or liability in any way related to use of, distribution of or reliance upon such
information.
HIDALGO COUNTY TAX OFFICE
PO BOX 178
EDINBURG, TEXAS 78540
(956) 318-2157
You may also e-mail the office.
https://actweb.acttax.com/act_webdev/hidalgo/showdetail2.jsp?can=B365800000000100&amp;ownerno=0
©Appraisal & Collection Technologies. All rights reserved.
12/10/2013
Page 1 of 1
Tuesday, December 10, 2013
Property Tax Balance
Begin a New Search
Go to Your Portfolio
Unless otherwise noted, all data refers to tax information for 2013. All amounts due include penalty,
interest, and attorney fees when applicable.
Account Number: B365899000000103
Pending Credit Card or E–Check Payments:
No Payment Pending
Appraisal District Number: 670512
Address:
UNIVERSAL METAL PRODUCTS INC
29980 LAKELAND BLVD
WICKLIFFE, OH 44092-1744
Property Site Address:
101 W ELDORA RD
78577
Legal Description:
INVENTORY FURNITURE FIXTURES EQUIPMENT
& VEHICLES AT 101 W EL DORA/NEW ACCT
2004
Gross Value: $3,264,448
Land Value: $0
Improvement Value:
$3,264,448
Capped Value: $0
Current Tax Levy: $73,793.73
Agricultural Value:
Current Amount Due: $73,793.73
Exemptions:
FREEPORT
$0
Prior Year Amount Due: $0.00
Exemption and Tax Rate Information
Total Amount Due: $73,793.73
Taxes Due Detail by Year and Jurisdiction
Last Payment Amount for Current Year Taxes:
Not Received
Payment Information
Last Payer for Current Year Taxes:
Not Received
Last Payment Date for Current Year Taxes:
Not Received
Active Lawsuits:
Print a Current Tax Statement
Register to Receive Electronic Tax Statements
None
Click Here to see your estimated amount due for a different date. You can see this information by year and by both year and jurisdiction.
Terms of Use
The Tax Office makes no representations as to the accuracy or reliability of any information accessed from its computer data base. The Tax Office, its officers, agents, employees and representatives shall
not be liable for the information posted on the Tax Office Website in connection with any actions losses, damages, claims or liability in any way related to use of, distribution of or reliance upon such
information.
HIDALGO COUNTY TAX OFFICE
PO BOX 178
EDINBURG, TEXAS 78540
(956) 318-2157
You may also e-mail the office.
https://actweb.acttax.com/act_webdev/hidalgo/showdetail2.jsp?can=B365899000000103&amp;ownerno=0
©Appraisal & Collection Technologies. All rights reserved.
12/10/2013
City of Pharr - Public Map
1:4,514
December 10, 2013
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School_Data_for_Pharr_Schools_in_Pharr
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Storm_Sewer_Storm_Sewer_Lines
WaterPipe
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Pharr_Parcels
City_Limit
DrainDitches
Streets
City of Pharr GIS
Accuweather, Inc.
Source: Esri, DigitalGlobe, GeoEye, i-cubed, USDA, US GS, AEX ,
Getmapping, A erogrid, IG N, IGP, swisstopo, and the GIS User
Community
CO P_GIS
SECTION 7 – ZONING AND CITY INFORMATION
City of Pharr - Public Map
1:4,514
December 10, 2013
Benchmarks
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DE
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LI
R3
C
City of Pharr GIS
Accuweather, Inc.
Source: Esri, DigitalGlobe, GeoEye, i-cubed, USDA, US GS, AEX ,
Getmapping, A erogrid, IG N, IGP, swisstopo, and the GIS User
Community
AO
CO P_GIS
Municode
Page 1 of 3
Pharr, Texas, Code of Ordinances >> PART II - CODE OF ORDINANCES >> APPENDIX A - ZONING >> ARTICLE I. USE
DISTRICTS, GENERAL >>
ARTICLE I. USE DISTRICTS, GENERAL
Sec. 1.1. Short title.
Sec. 1.2. Division of city into use districts.
Sec. 1.3. Official zoning map.
Sec. 1.4. Land and structures to be used as required by district regulations.
Sec. 1.5. Newly annexed territory.
Sec. 1.6. Purpose of the use districts.
[Secs. 1.7—1.9. Reserved.]
Sec. 1.1. Short title.
These regulations shall be known and may be cited as "Zoning Ordinance of Pharr, Texas."
Sec. 1.2. Division of city into use districts.
For the purpose of regulating and restricting the use of land and the erection, construction, reconstruction,
alterations, moving or use of buildings, structures or land, all lands within the corporate limits of Pharr are hereby
divided into the following districts:
District Agricultural and/or open space district
A‐O
District Single‐family residential district
R‐1
District Townhouse residential district
R‐TH
District Two‐family residential district
R‐2
District Medium‐density multifamily residential district
R‐3
District High‐density multifamily residential district
R‐4
District Mobile home district
R‐MH
District Office professional district
OP
District Neighborhood commercial district
NC
District General business district
C
District Business district
C‐2
District Heavy commercial district
HC
District Limited industrial district
LI
District Heavy industrial district
HI
District Planned unit development district
PUD
http://library.municode.com/print.aspx?h=&amp;clientID=10313&amp;HTMRequest=http%3a%2f%2flibrary.municode.com%2fHTML%2f10313%2flevel3%2fPTIICOOR_APXAZO_AR...
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Any use not listed herein may be placed in a suitable district classification by the governing body, after
recommendation of the planning and zoning commission.
Sec. 1.3. Official zoning map.
The city is hereby divided into the above zones, or districts, as shown on the official zoning map, which,
together with all explanatory matter thereon, is hereby adopted by reference and declared to be a part of this
ordinance.
Sec. 1.4. Land and structures to be used as required by district regulations.
A.
The regulations set by this ordinance within each district shall be minimum regulations and shall apply
uniformly to each class or kind of structure or land, except as hereinafter provided.
B.
No building, structure, or land shall hereafter be used or occupied, and no building or structure or part
thereof shall hereafter be erected, constructed, reconstructed, moved or structurally altered except in
conformity with all of the regulations herein specified for the district in which it is located.
C.
No part of a yard, or other open space, or off-street parking or loading space required about or in connection
with any building or use for the purpose of complying with this ordinance, shall be included as part of a yard,
open space, or off-street parking or loading space similarly required for any other building or use.
D.
Every building hereafter erected or altered shall be located on a lot as herein defined.
E.
No person shall construct any building or make any use of any existing building or premises as a place of
business or for the practice of any profession or calling or vocation without obtaining from the city a license
to do so. Said license shall contain the name of the licensee, description of the property and the use to be
made of the same and shall not be transferable. It shall contain such other information as shall be
prescribed by the city authorities. The fee for said license shall be $5.00 except that a license fee of only
$1.00 shall be charged when obtained as part of a building permit.
All applications for building permits shall be accompanied by legible plans and specifications for the building to be
erected. The plans shall be drawn to scale and shall include a plan which discloses the actual dimensions of the lot
upon which the proposed building is to be erected, the position of the proposed building upon the lot, its intended
use and such other information as the planning director may require for the proper enforcement of this ordinance.
Upon receipt of an application for a building permit, the building inspector shall, as soon as practicable, check the
plans and specifications carefully for compliance with the terms of the building code and the terms of this
ordinance.
In case the plans and specifications submitted do not comply with the terms of the building codes or the terms of
this ordinance, it shall be the duty of the building inspector to deny the application for the building permit.
The applicant whose request has been denied may, as set forth in article XII, appendix A of the Code of
Ordinances, refer this application to the board of adjustment for consideration, and the said board may grant his
request. In case the applicant wishes to appeal his case to said board, it shall be the duty of the planning director to
prepare such documentation necessary to complete the appeal.
(Ord. No. 90-05, § 1, 1-23-90)
Sec. 1.5. Newly annexed territory.
All territory hereinafter annexed to the City of Pharr shall assume an interim classification of A-O agricultural
open space, pending determination of the property's initial permanent zoning in accordance with the provisions of
state law and this chapter. The city planning and zoning commission shall, as soon as practical after annexation of
any territory to the city, institute proceedings on its own motion, to give the newly annexed territory a permanent
zoning, following the same procedure as is provided by law for the adoption of original zoning procedures. The
initial zoning to the permanent zoning shall not be considered a rezoning for legal purposes. The procedure for
establishing initial zoning other than A-O on annexed territory shall conform to the procedure established by law for
the adoption of normal zoning classifications and regulations.
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In an area classified A-O, no person shall erect, excavate, construct, or proceed or continue with the
erection or construction of any building or structure or add to, enlarge, move, improve, alter, repair, convert, or
extend or demolish any building or structure or cause the same to be done in any newly annexed territory to the
city without first applying for and obtaining a building permit therefor from the building official as may be required in
applicable city ordinances.
Sec. 1.6. Purpose of the use districts.
The purpose of the use districts described herein is to group together into districts those uses that are
reasonably compatible with one another according to their normal characteristics of operation:
A.
To permit, in connection with these uses, those customary and necessary accessory activities which
are incidental to the principal use; and
B.
To permit certain other uses which may be established in some situations and subject to specific
conditions so that such special uses will also be compatible with the uses allowed as a matter of right;
and
C.
To promote orderly, timely, economical growth and to recognize current land use conditions; and
D.
To provide sufficient space in appropriate locations for development to meet the present and future
growth needs of the city, with allowance for a diversity of sites; and
E.
To protect use areas, as far as possible, against heavy and unnecessary through traffic; and
F.
To protect use areas against pollution, environmental hazards, and other objectionable influences;
and
G.
To protect use areas against congestion, as far as possible, by managing the density of population in
and around them; by providing for proper off-street parking spaces; and by providing open areas for
rest and recreation and to break the monotony of continuous building bulk, thus providing a more
desirable environment; and
H.
To provide for privacy and access of light and air to windows and to all devices that are powered or
heated by the sun, as far as possible, through controls over the spacing and height of buildings and
other structures; and
I.
To promote the most appropriate use of land and direction of building development which is not in
conflict with the comprehensive plan or the adopted policies of the city; to promote stability of
development; to protect the character of the districts; to conserve the value of land and buildings; and
protect the city's tax base; and
J.
To promote the most efficient use of city facilities and services; and
K.
To protect against fire and explosions and other safety hazards, and to provide for fire protection and
access by fire equipment and vehicles; and
L.
To accommodate use activities and operations whose external physical effects are restricted to the
area of the district, and in no manner affect in a detrimental way any of the surrounding districts.
[Secs. 1.7—1.9. Reserved.]
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Sec. 1.30. LI limited industrial district.
A.
Purpose:
1.
Industrial development represents a substantial part of the economic base at Pharr, and more is
desired. The rapidly changing variety of industry found in Pharr and the development of modern
technology make it appropriate and desirable to provide for standards of industrial performance rather
than to attempt to categorize by name. The purpose of this district is to create a limited industrial zone
that provides for the modern type of industrial uses or industrial park. With the exception of hazardous
materials manufacture, this zone allows the same uses as the HI, heavy industrial district. Limitations
are placed on the uses in this district to significantly restrict the outside activities and storage of
materials, noise, vibration, smoke, pollution, fire and explosive hazard, glare and any other potentially
blighting influences. These limitations create a zone that could be considered the "highest and
cleanest" industrial zone.
B.
2.
This zone is intended for industrial parks and larger, cleaner types of industries. The manufacturing
uses should be conducted within a totally enclosed building. Any activities conducted outside should
be screened and buffered, and no external effects such as excessive noise or odor should extend
beyond the property lines. The sites for such uses are typically a minimum of two acres and average
five to ten acres, with a significant amount of land dedicated to landscaping.
3.
Because this is a limited industrial zone with substantial screening and buffering requirements, limited
industrial uses are suitable for high-visibility locations such as along the freeway, or within a
reasonable distance of residential areas. Residential uses should be discouraged from locating within
the industrial district to protect the industries from residential complaints.
4.
Areas should not be zoned to this usage unless they are located on or close to arterials capable of
carrying commercial and truck traffic. They should be located close to major truck routes. Internal
streets in such developments should be sized and strengthened to accommodate truck traffic. Each
industry should work with the city to make sure the water pressure and capacity is adequate to
provide fire protection for that particular industry before such industry is developed. Industries should
also be required to prove that the water, wastewater, and drainage capacity is adequate before they
are allowed to develop.
Permitted uses:
1.
Any of the following uses when the manufacturing, compounding, or processing of previously
prepared materials are conducted wholly within a completely enclosed building. That portion of the
land used for open storage facilities for materials or equipment used in the manufacturing,
compounding or processing or for truck loading and unloading shall be totally obscured by a wall on
those sides abutting a residentially zoned district, or an OP, NC, or C-2 district.
a.
The manufacturing, compounding, processing, packaging or treatment of such products as
bakery goods, candy, cosmetics, pharmaceutical, toiletries, food products, hardware and
cutlery;
b.
The manufacturing, compounding, assembling or treatment of articles or merchandise from the
following previously prepared materials: bone, canvas, cellophane, cloth, cork, feathers, felt,
fiber, fur, glass, hair, horn, leather, paper, plastics, precious or semiprecious metals or stones,
sheetmetal (excluding saw and planning mills) and yarns;
c.
The manufacture of pottery and figurines or other similar ceramic products using only
previously pulverized clay, and kilns fired only by electricity or gas;
d.
Manufacture of musical instruments, toys, novelties, and metal or rubber stamps, or other
small molded rubber products;
e.
Manufacture or assembly of electrical appliances, electronic instruments and devices, radios,
and phonographs;
f.
Laboratories—Experimental, film or testing;
g.
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Manufacture and repair of electric or neon signs, sheetmetal products, including heating and
ventilating equipment, cornices, eaves and the like;
C.
Tool, dye, gauge and machine shops;
i.
All public utilities, including buildings, necessary structures, storage yards and other related
uses;
j.
Any retail business, personal services, professional services, or business services;
k.
Office buildings and accessory uses;
l.
Restaurants and drive-in businesses;
m.
Gasoline service stations, or retail outlets, where gasoline products are sold;
n.
Automotive and other repair services, excluding wrecking yards;
o.
Warehousing and storage;
p.
Any wholesale trades conducted in an enclosed building;
q.
Agricultural uses unplatted land in accordance with all other ordinances;
r.
Other uses of a similar and no more objectionable character to those principal uses permitted
subject to any and all provisions of ordinance relating to the use of property within the City of
Pharr.
2.
Accessory structures and uses customarily related to the above principal uses authorized in this
district, including the residence for a night watchman or caretaker employed on the premises.
3.
Amusement parks, circus or carnival grounds, commercial amusements or recreational developments
or tents or other temporary structures used for meetings, in accordance with all other applicable
ordinances, and located more than 300 feet from the nearest residentially zoned land.
Conditional uses (require use permits, see article III):
1.
A portable building used for a night watchman which is not larger than 200 square feet.
2.
D.
h.
Commercial uses that involve outside storage of materials and equipment and/or outside operations
and/or with business hours between the hours of 7:00 p.m. to 7:00 a.m.
Prohibited uses:
1.
Any manufacturing use that involves the use and/or storage of substantial amounts of hazardous or
flammable materials, such as petroleum products, that in the opinion of the fire marshal is a potential
hazard.
E.
2.
Any building erected or land used for other than one or more of the preceding specified uses.
3.
Any use of property that does not meet the required minimum lot size; front, side and rear yard
dimension; and/or lot width; or exceeds the maximum height, building coverage or density per gross
acre as required.
4.
Any use that exceeds the performance standards listed in article VIII, or whose external effects create
excessive noise, vibration, odor, smoke, pollution, or glare extending beyond the property line.
Complaints under this section shall be served by the director of planning and complaints filed with the
municipal judge if the director of planning determines that there is probable cause to believe a
violation of the subsection as alleged exists.
Area requirements:
1.
Minimum site size, two acres.
2.
Minimum site frontage on a public street, 100 feet.
3.
Minimum site depth, 200 feet.
4.
Minimum depth of front setback, 20 feet or equal to one-third the street right-of-way width on which
the property fronts, plus one-half the building height over 36 feet with a 50-foot maximum, whichever
is greater.
5.
Minimum width of side setback:
a.
With or without fire-retardant wall, 15 feet plus half the building height over 36 feet, but in no
case shall more than a 50-foot side setback be required.
b.
Abutting nonresidentially zoned property, 30 feet plus half the building height over 36 feet, but
in no case shall more than a 50-foot side setback be required.
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Municode
Page 3 of 3
6.
Minimum depth of rear setback:
a.
Abutting nonresidentially zoned property, fire-retardant wall or alley separating, 15 feet plus
half the building height over 36 feet, but in no case shall more than a 50-foot rear setback be
required.
b.
7.
Abutting residential property, 30 feet plus half the building height over 36 feet, but in no case
shall more than a 50-foot rear setback be required.
Minimum distance between detached buildings on the same lot or parcel of land:
a.
Without fire-retardant wall, 15 feet plus half the building height over 36 feet, but in no case
shall more than a 50-foot distance between detached buildings be required.
b.
With fire-retardant wall, zero feet plus half the building height over 36 feet, but in no case shall
more than a 50-foot distance between detached buildings be required.
8.
Maximum building coverage as a percentage of lot area, 60 percent.
9.
Maximum amount of impervious coverage as a percentage of lot area, 80 percent.
10.
Minimum amount of landscape areas as a percentage of lot area, 20 percent.
11.
Maximum floor area ratio, 2:1.
12.
Maximum height of structures, 36 feet or four feet for each one foot of setback from the closest
property line, whichever is greater.
13.
Minimum number off-street parking spaces required, see "Off-Street Parking," article IV.
14.
Maximum number of entrances and/or exits:
a.
Arterial streets, one per site per each 200 feet of street frontage.
b.
Collector streets, one per site per each 100 feet of street frontage.
c.
Local streets, one per site per each 50 feet of street frontage.
15.
Lots with nonresidential uses that have a side or rear contiguous to or separated only by an alley,
easement or street, from any residential district must be separated from such district by a buffer as
defined.
16.
The building code may impose more restrictive area requirements, depending on the size, use and
construction of the structures. See article VII for further clarification, exceptions and modification.
(Ord. No. 89-22, § 1, 8-1-89; Ord. No. 89-41, § 2, 10-3-89; Ord. No. O-91-49, § 1, 11-6-91; Ord. No. O-93-22, § 4, 8-17-93)
12/10/2013
McAllen, Texas - Wikipedia, the free encyclopedia
Page 1 of 13
Coordinates: 26°12′59″N 98°14′11″W
McAllen, Texas
From Wikipedia, the free encyclopedia
McAllen is the twentieth most populous city in Texas and the
largest city in Hidalgo County, Texas. It is located at the southern
tip of Texas in the Rio Grande Valley, and is part of the Southern
United States. It is on the Rio Grande, across from the Mexican
city of Reynosa, and is about 70 miles (110 km) west of South
Padre Island and the Gulf of Mexico. The 2012 estimates put the
city's population at 134,719 and the McAllen–Edinburg–Mission
metropolitan area at 804,934. The Reynosa–McAllen
Metropolitan Area counts a population of nearly 1.7 million.[3]
Since its settling in 1904 the area around McAllen was largely
rural and agricultural in character, but the latter half of the 20th
century saw steady growth, which accelerated during the 1980s,
leading to an economic and population boom in the 1990s and
2000s. Today the McAllen–Edinburg–Mission metropolitan area
is one of the fastest growing metropolitan areas in the United
States, although most of its growth has been in surrounding
smaller cities. The introduction of the maquiladora economy and
the North American Free Trade Association led to a boom in
international trade, cross-border commerce with Mexico, and
health care. McAllen's Medicare spending per capita has attracted
national scrutiny, due to a sharp increase from the national
average in 1992, to a near national high by 2006.
McAllen, Texas
City
City of McAllen
Nickname(s): City of Palms and The Texas Tropics
McAllen is a regional retail destination for Northeastern Mexican
states. While McAllen's total population is 20th among Texas
cities, it ranks 12th in overall retail sales, and third in the state in
total retail sales both per household and per capita.[4]
Location in the state of Texas
Coordinates: 26°12′59″N 98°14′11″W
Contents
1 History
2 Geography
3 Climate
4 Demographics
5 Economy
◾ 5.1 Trade
◾ 5.2 Retail sales
◾ 5.3 Health
◾ 6 Government
◾ 7 Transportation
◾ 7.1 Mass Transit
◾ 7.2 Highways
◾ 7.3 Airports
◾ 8 Education
◾ 8.1 Community College
◾
◾
◾
◾
◾
http://en.wikipedia.org/w/index.php?title=McAllen,_Texas&amp;printable=yes
Country
State
United States of America
Texas
County
Hidalgo
Government
• Type
• City Council
• City Manager
Area
• City
• Land
Council-Manager
Mayor Jim Darling
Scott Crane
Trey Pebley
Hilda Salinas
Aida Ramirez
John Ingram
Veronica Whitacre
Mike Perez
46.3 sq mi (119.8 km2)
• Water
46.0 sq mi (119.1 km2)
0.3 sq mi (0.8 km2)
Elevation
121 ft (37 m)
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◾
◾
◾
◾
◾
◾
◾
◾
◾ 8.2 Primary and secondary schools
◾ 8.3 Public libraries
9 Recreation
10 Sports
11 Media and journalism
◾ 11.1 Television stations
◾ 11.2 Radio stations
◾ 11.3 Area newspapers
◾ 11.4 Online News
12 Architecture and points of interest
13 Surrounding cities
◾ 13.1 Nearest cities
◾ 13.2 Nearest major cities
14 See also
15 References
16 External links
Page 2 of 13
Population (2010)
• City
• Density
• Metro
134,719 (city proper)
2,314.7/sq mi (893.8/km2)
774,769
Time zone
• Summer (DST)
CST (UTC-6)
CDT (UTC-5)
ZIP codes
Area code(s)
78501-78505
956
FIPS code
GNIS feature ID
48-45384[1]
Website
http://www.mcallen.net/
1374829[2]
History
McAllen is situated on land that was part of porciones 63 and 64, granted by Spain to Antonio Gutiérrez and Juan
Antonio Villareal, respectively, in 1767. Gutiérrez and his heirs inhabited the land at least up to 1883, and Villareal's
heirs lived on his land for at least fifty years prior to 1852. The Santa Anita Ranch was established around 1797 by José
Manuel Gómez, who received the land grant from Spain in 1800. He raised cattle, sheep, goats, and horses on his ranch
and helped to continue colonizing the area. His great-granddaughter Salomé Ballí, who inherited the land in the early
1800s, married John Young, a Brownsville businessman in about 1848. They proceeded to acquire land in the
surrounding area, and in 1852 Young applied for porciones 64 and 65 in southern Hidalgo County. Young died in
1859, leaving his holdings to his widow and son, John J. Young, with John McAllen, Young's assistant, as manager.
McAllen married Salomé Ballí de Young in 1861, and in 1862 they had a son, James Ballí McAllen. They continued
adding land to the ranch, which was renamed the McAllen Ranch. The site of present-day McAllen was within the
ranch's boundaries.
By 1903 there were scattered ranches in the area, and in March of that year the Hidalgo Irrigation Company was
organized. By the next year, the Hidalgo and San Miguel Extension (now the Sam Fordyce Branch) of the St. Louis,
Brownsville and Mexico Railway reached the Santa Anita Ranch. John McAllen and his son James donated land to the
railroad to guarantee it would cross the area. On December 5, 1904, the McAllen Townsite Company was formed by
Uriah Lott, Leonidas C. Hill, Sr., John McAllen, James Ballí McAllen, and John J. Young. The new community, which
was named for John McAllen, had the depot nearest the county seat, Hidalgo, eight miles to the south.
By 1911, 5,000 acres was under cultivation in East McAllen with produce consisting of cotton, alfalfa, broom corn,
citrus fruits, grapes, and figs. East McAllen had an estimated population of 1,000 that year, and West McAllen had
ceased to exist. In 1911 the town applied for and was issued a charter of incorporation under the name McAllen. In
1916, 20,000 New York state troops were stationed at McAllen to help quell border disturbances. The resulting
economic boom increased the population from 1,200 in 1916, to 6,000 in 1920.[5]
McAllen adopted a home rule charter in 1927. Canning factories, a winery, tortilla plants, wood-working plants, and
some oil exploration increased the population to 9,074 by 1930. In 1936 Hiram Garner opened the Valley Distillery,
Incorporated, which produced wines from citrus juices. The town was a petroleum and farm chemurgic center with a
population of 11,877 in 1940, by which time it had adopted the nickname the City of Palms. In 1941, a suspension
bridge replaced the old bridge to Reynosa, Tamaulipas, Tamaulipas; the new toll bridge was purchased by the city and
was named the McAllen-Hidalgo-Reynosa International Bridge. Its construction resulted in increased tourist trade,
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Page 3 of 13
making McAllen a winter resort and port of entry to Mexico. The discovery of oil in the Reynosa area in 1947 resulted
in a large migration of people from the Mexican interior, constituting a new tourist market and cheap labor supply for
McAllen. The sister cities were linked as a result of the increased traffic between them. The population of McAllen was
20,005 in 1950 and 32,728 in 1960. The McAllen-Hidalgo-Reynosa International Bridge was the number-two port of
entry into Mexico in 1954.[6]
McAllen was an agricultural, oil, and tourist center in 1970, when the population reached 37,636. By the start of the
1970s, McAllen had a 200-bed hospital and a new air-conditioned high school, the first school in the nation featuring
on-site power generated by natural-gas-powered turbines. The tourism industry continued to expand as people traveled
to the area from both Mexico and the northern United States. The population continued to grow steadily through the
1970s, and reached 66,281 by 1980. During the late 1980s the McAllen Foreign Trade Zone was an important generalpurpose foreign trade zone.[7] At the time McAllen’s main industries were retail, tourism and farming, and each was in
trouble. The devaluation of the Mexican peso in the 1980s put a damper on cross-border shopping; local tourism was
down because of the recession. In 1983 a freeze took out much of the Valley’s citrus crop.
In the mid-1980s, fueled by trade and the growth of the maquiladora (in which components are shipped to Mexico,
assembled and shipped back), the economy began to improve in Hidalgo County. McAllen sits across the border from
Reynosa, a large manufacturing centre. After the peso devalued it became easier to woo companies to put their plants in
Mexico with support operations in Texas. Workers came for jobs, winter Texans returned to enjoy the sun, and
Mexicans came to spend money. Thanks to tourist dollars, McAllen has the highest retail spending per capita in the
state, according to its Chamber of Commerce. The result was unprecedented growth, and Hidalgo County’s population
soared from about 280,000 people in 1980 to over 700,000 in 2007.[8]
Geography
McAllen is located at
26°12′59″N 98°14′11″W (//tools.wmflabs.org/geohack/geohack.php?pagename=McAllen%
2C_Texas&params=26_12_59_N_98_14_11_W_type:city) (26.216263, −98.236385)[9]. According to the United States
Census Bureau, the city has a total area of 46.3 square miles (120 km2). 46.0 square miles (119 km2) of it is land and
0.3 square miles (0.78 km2) of it (0.63%) is water.
Although McAllen is named the City of Palms, tropical vegetation is only locally dominant. There are many deciduous
trees such as Rio Grande Ash (Fraxinus berlandieriana), Cedar Elm (Ulmus crassifolia), Sugarberry (Celtis laevigata)
and Honey Mesquite (Prosopis glandulosa). In winter, when these trees are bare, many neighborhoods take on a much
more temperate appearance.
Climate
McAllen, like much of western South Texas, has a hot semi-arid climate (Köppen Bsh). The average high in January is
70 °F and the average low is 50 °F. The average high is 96 °F and the average low is 76 °F in August. The warm season
is extremely long, as average high temperatures from May through September are above 90°F (32 °C) and average low
temperatures are above 70 °F (21 °C), with relatively high dew point values resulting in higher relative humidity values
and heat index values. Heat index values can consistently reach over 100 °F during these months.
Average annual precipitation is only 22.96 inches (583 mm). Most precipitation occurs in the warm season, with the
least precipitation distinctly occurring in the cooler winter. As September is the peak of the north Atlantic hurricane
season and tropical storms and hurricanes occasionally drop copious amounts of rainfall on the region, this month tends
to be by far the wettest, averaging 4.08 inches (104 mm) of rain. The driest month is March, with only 0.72 inches
(18 mm) of precipitation. Since 1941, it has snowed once, when the city receive 1.7 inches on December 25, 2004.[10]
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Temperatures are frequently above 100 °F (38 °C), occasionally as early as February and as late as the end of October,
the highest temperature ever recorded in McAllen is 110 °F (43 °C), once in 1998 and once in 1999. The lowest
temperature ever recorded in McAllen is 13 °F (−11 °C), on January 12, 1962.
Climate data for McAllen, Texas (McAllen Miller Int'l Airport), 1981–2010 normals
Month
Dec
Year
Average high °F (°C)
71.0 75.1 81.8 87.1 91.7 96.2 97.1 98.1 93.1 87.6 79.9 72.0
(21.7) (23.9) (27.7) (30.6) (33.2) (35.7) (36.2) (36.7) (33.9) (30.9) (26.6) (22.2)
85.9
(29.9)
Average low °F (°C)
50.7 54.2 59.8 66.0 72.1 75.7 76.4 76.7
(10.4) (12.3) (15.4) (18.9) (22.3) (24.3) (24.7) (24.8)
65.2
(18.4)
Precipitation inches (mm)
Avg. precipitation days
Jan
Feb Mar Apr May Jun
Jul
Aug
Sep
73.4
(23)
Oct
Nov
66.8 58.9 51.9
(19.3) (14.9) (11.1)
1.08 1.06
.81
1.25 2.25 2.61 2.08 1.96 4.41 1.95
.93
1.23
21.60
(27.4) (26.9) (20.6) (31.8) (57.2) (66.3) (52.8) (49.8) (112) (49.5) (23.6) (31.2) (548.6)
7.2
5.3
4.0
4.0
4.6
Source: NOAA
5.2
5.4
5.3
7.8
5.9
4.8
6.0
65.5
[11]
Demographics
McAllen's population was 129,877 according to the 2010 census. It is the 187th
largest city in the U.S. and is part of the 70th largest metropolitan area. The 2000
census put the McAllen–Edinburg–Mission metropolitan area at a population of
569,463, and growth increased the metropolitan area's population to 774,769
according to the 2010 Census. McAllen accounted for just 23,457 of the 205,306
population growth of the metropolitan area during 2000 to 2010. Most of the
metropolitan area growth occurred in the nearby smaller cities.
As of the census[1] of 2000, there were 106,414 people, 33,151 households, and
26,089 families residing in the city. The population density was 2,314.7 people per
square mile (893.8/km²). There were 37,922 housing units at an average density of
824.9 per square mile (318.5/km²). The racial makeup of the city 1.18% White, 0.61%
African American, 0.40% Native American, 4.93% Asian, 0.04% Pacific Islander,
15.85% from other races, and 2.71% from two or more races. Hispanic or Latino of
any race were 77.28% of the population.
Historical populations
Census
Pop.
%±
1910
150
—
1920
5,331 3,454.0%
1930
9,074
70.2%
1940
11,877
30.9%
1950
20,067
69.0%
1960
32,728
63.1%
1970
37,636
15.0%
1980
66,281
76.1%
1990
89,000
34.3%
2000 106,414
19.6%
2010 129,871
22.0%
Est. 2012 134,719
3.7%
There were 33,151 households out of which 43.2% had children under the age of 18
living with them, 59.0% were married couples living together, 16.0% had a female householder with no husband
present, and 21.3% were non-families. 17.9% of all households were made up of individuals and 6.4% had someone
living alone who was 65 years of age or older. The average household size was 3.18 and the average family size was
3.64.
In the city the population was spread out with 30.8% under the age of 18, 10.5% from 18 to 24, 29.3% from 25 to 44,
18.9% from 45 to 64, and 10.4% who were 65 years of age or older. The median age was 30 years. For every 100
females there were 90.1 males. For every 100 females age 18 and over, there were 85.8 males.
The median income for a household in the city was $33,641, and the median income for a family was $36,050. Males
had a median income of $30,089 versus $22,480 for females. The per capita income for the city was $14,939. About
20.9% of families and 23.8% of the population were below the poverty line, including 30.5% of those under age 18 and
20.3% of those age 65 or over.
Economy
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Page 5 of 13
The Rio Grande Valley really didn't begin its rapid develop until the introduction of
irrigation in 1898 and the building of the railroad in 1904. These major additions turned a
once relatively desolate area into a major agricultural center. Throughout much of the
1900s, McAllen was a rural, agriculture-based economy characterized by sporadic growth.
Today, the area is being transformed into a major international trade area by developing
first-rate commercial, retail, office, industrial, medical, retirement and educational
facilities. As recently as 1990, McAllen's unemployment rate was at 22.6 percent. By the
end of 2005, that figure dropped to 7.7 percent. However, In 2011, census.gov listed the
McAllen metro area the poorest in the nation.[12]
Trade
Since the 1980s and especially since the ratification of the North American Free Trade
Agreement in 1994, the focal point of economic activity has shifted from agriculture to
international trade, health care, retail and tourism. The McAllen area has also been
successful in attracting a number of call centers as a result of a young and trainable
workforce. A few of the call centers are Convergys, T-Mobile, Merkafon, Hotel.com and
Ticketmaster.
Paseo Plaza at 10th
In Hidalgo County, cross-border cargo and vehicular traffic have increased 345% and
Street and U.S. Highway
36.4% respectively since the beginning of 1990's, from 228,133 to 1,015,554 cargo trucks
83
in 2008 and from 10.92 million to 14.9 million automobiles. US/Mexico trade crossing the
international bridge in Hidalgo County increased from $5.0 billion in 1994, pre-NAFTA,
to $12.56 billion in 2000 and $19.9 billion in 2006. From 1995 to 2006 the Rio Grande Valley share of NAFTA trade
increased 168% from $11.1 billion to $31.6 billion.[13]
The McAllen Foreign-Trade Zone (FTZ) is located south of McAllen between McAllen and Reynosa. Commissioned
in 1973, it was the first inland foreign trade zone in the United States and continuously ranks among the most active
FTZs in the nation. There is also a Foreign-Trade Zone designation site at the McAllen-Miller International Airport to
facilitate air cargo needs. Under U.S. and Mexican laws and NAFTA provisions, the FTZ designation offers specific
cost-saving opportunities to manufacturers. Products can be brought into the FTZ duty-free. Services have recently
extended to include full logistic support services including public warehouse services including pick and pack, order
processing, inventory control, incoming/outgoing quality inspection and kitting.[14]
Retail sales
The McAllen Metro Area is the main retail center in the Rio Grande Valley, drawing from a consumer base of over 10
million people within a 200-mile radius, mostly from the Mexican states of Nuevo Leon and northern-central
Tamaulipas. McAllen is represented by 40 of America's top 100 retailers and is ranked 3rd in Texas in per capita sales
tax receipts. The retail sales sector has become the driving force in McAllen's economy, growing a staggering 138%
over the last 10 years, to over $ 3.58 billion and employing 27% of the workforce. The Chamber of Commerce
estimates that at least 35% of all retail sales in McAllen are purchased by visitors from Mexico.
Border agencies tally nearly 40 million legal visits a year by Mexicans coming to Texas for leisure activities. The
Federal Reserve Bank of Dallas figures they spent $3 billion on merchandise in Texas border counties in 2004, the
latest data available, up from around $1.6 billion a decade earlier. In the past 10 years, retail sales in McAllen have
risen more than 75%, nearly double the nationwide pace of 40% Per-capita sales here are twice the national average,
according to the U.S. Census Bureau.[15]
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Forty of the nation's top 100 retailers have recently staked their claim here. When Guess Inc. launched its new clothing
boutique, Marciano, in 2004, the company chose Los Angeles, Toronto and McAllen as its three test cities. Foley's, a
chain of department stores in Texas owned by Macy's, in Cincinnati, says operations in McAllen and nearby Laredo are
its fastest-growing locations. J.C. Penney says about three quarters of customers at its McAllen store are from Mexico
and last year the chain allowed Mexican shoppers to apply for its gift registry and credit card.[16]
Health
McAllen was the fattest metropolitan area in the country in 2012, with 38.5% of the adult population considered obese.
The high obesity rate has likely contributed to area residents’ poor health. More than 21% of the population has been
diagnosed with diabetes, more than any other metro area in the United States. Poverty may play a large role in the
community’s health problems as well. The metro region had the highest poverty rate in the country, with 37.7% of the
population living below the poverty line in 2011. More than 17% of the population also lacked health coverage that
year, among the highest of all U.S. metro areas. The vast majority of the McAllen metro area is located in a food desert,
indicating a severe lack of access to healthy foods for residents.[17]
McAllen is featured in Super Fat vs Super Skinny (http://www.channel4.com/programmes/supersize-vs-superskinnykids), a British television programme on Channel 4 that features information about dieting and extreme eating
lifestyles. One of the main show features is a weekly comparison between an overweight person, and an underweight
person. In the show, the overweight participant visits morbidly obese McAllen residents in order to find motivation for
lifestyle and diet changes
> Obesity rate: 38.5% > Pct. with high blood pressure: 26.6% (57th lowest) > Pct. exercise regularly: 52.2% (79th
lowest) > Poverty rate: 37.7% (the highest) > Pct. with at least bachelors degree: 16.0% (30th lowest)
Read more: America’s Fattest Cities – 24/7 Wall St. http://247wallst.com/2013/04/12/americas-fattestcities/#ixzz2Y2ZKIhFw
In 1999, McAllen had one of the lowest concentrations of physicians per person in the U.S., with a value of 1 primary
care physician per 2500 people, despite a 53% increase in the physican supply since 1979.[18]
In 2006, McAllen had the second highest per capita Medicare spending in the United States, eclipsed only by Miami
(which has higher living and labor costs).[19] That fact served as the basis of a 2009 article in The New Yorker by
surgeon and author Atul Gawande[20] which "made waves".[21] In 1992, McAllen was in line with average Medicare
spending (~$4,900 for each beneficiary a year).[19] By 2006, the spending had increased to ~$15,000 for each
beneficiary a year – almost double the national average.[19] With a $12,000 per capita income, Medicare billing per
beneficiary was three thousand dollars higher than the average income of residents.[19] El Paso, a town with similar
demographics, billed Medicare ~$7,500 per beneficiary in 2006.[19] El Paso hospitals, despite spending significantly
less, outperformed McAllen hospitals on 23 of 25 health indicators.[20]
Using price adjusted 2007 Medicare data (based on the methods of Gottlieb et al.[22]) McAllen had spending elevations
of 86% versus El Paso and 75% versus the national average.[23]
Government
The Texas Department of Criminal Justice (TDCJ) operates an office in McAllen.[24]
The United States Postal Service operates two post offices in McAllen, including the McAllen Post Office and the
Downtown McAllen post office.[25][26]
The United States Border Patrol McAllen Station is located at 3000 West Military Highway McAllen, TX.
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The 2nd Second Lieutenant Luis G. Garcia Army Reserve Center is located at 600 S Col Rowe Blvd, McAllen, TX.
McAllen is located in a county that usually votes for the Democratic Party. McAllen is represented by two
Representatives: Ruben Hinojosa of the 15th Congressional District, and Henry Cuellar of the 28th Congressional
District.
Transportation
Mass Transit
Metro McAllen (formerly McAllen Express Transit (MET)) has provided public transportation for the City of McAllen
since June 1997. In the beginning, McAllen’s public transportation system, McAllen Express (ME), was administered
by the Lower Rio Grande Development Council. Since 2005, Metro McAllen has been operated as a Department of the
City of McAllen. Metro McAllen now has seven fixed routes serving residents and visitors of McAllen. It operates six
days out of the week, 13 hours per day. In 2003, changes in the census affected McAllen’s urbanized area, and, then
MET, lost $1.5 million in operating funds. Nonetheless, the City of McAllen has worked diligently to ensure that
service levels are maintained, and continues to plan for service improvements. Ridership in 1997 totaled 42,578
passenger trips. The first full year of operation was in 1998, and the ridership recorded for that year was 201,506
passenger trips. In 2008 Metro McAllen accomplished record high numbers in ridership, totalling 412,151 passenger
trips, accounting for more than twice the ridership recorded in 1998.
Fare Structure
Adults Students Elderly
$1.00
$0.50
$0.50
Downtown Bus Terminal The City of McAllen also operates the bus terminal facility in downtown McAllen, known
as McAllen Central Station. Central Station serves as a hub for MET and for 14 private domestic and international bus
lines. Approximately 60 buses depart from Central Station on a daily basis. Central Station also hosts 2 million visitors
per year.
Highways
◾
Interstate 2 travels through McAllen from Spur 115 (23rd Street) to 2nd Street.
U.S. 83 travels through McAllen as its major east-west artery. It runs less than five miles south of downtown
McAllen.
◾
State Highway 107 travels east through McAllen into downtown Edinburg, where it intersects the Business
Route of US Route 281 and then I-69C/US 281.
◾
State Highway 336 travels north to an intersection with FM 1016 in McAllen to an intersection with I-2/US
83.
◾
State Highway 495 travels through McAllen from FM 2220 (Ware Road) to FM 2061 (McColl Street).
◾
Airports
◾ McAllen-Miller International Airport[27] is served by American Airlines with non-stop service to Dallas/Ft.
Worth, United with non-stop service to Houston, Aeromar with non-stop service to Mexico City, and Allegiant
Airlines with non-stop flights to Las Vegas and seasonal service to Orlando-Sanford. UPS just recently switched
their South Texas hub to McAllen. On November 15, 2013, Aeromar, a Mexican regional airline, will begin nonstop flights to San Luis Potosí. The Department of Transportation has also given the Mexican airline permission
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to fly from McAllen to 10 Mexican cities: Saltillo, Tampico, Ciudad Victoria, Mexico City, Aguascalientes,
Leon (El Bajio), Monterrey, Querétaro, San Luis Potosí and Veracruz.
Education
Community College
◾ South Texas College (over 27,000 students spread across their 5 campuses in Hidalgo and Starr counties and the
eSTC virtual campus. Main campus is located in McAllen.)
Primary and secondary schools
McAllen Independent School District serves most of the city. Portions of the city extend into Edinburg Consolidated
Independent School District and that district operates two elementary schools located in the City of McAllen. The
Hidalgo Independent School District, La Joya Independent School District, Pharr-San Juan-Alamo Independent School
District, Sharyland Independent School District, and Valley View Independent School District also serve the City of
McAllen.
In addition, residents are allowed to apply to magnet schools operated by the South Texas Independent School District.
IDEA Public Schools also has Quest Academy & College Preparatory in North McAllen (mile 17 &1/2 and Rooth
road).
The Catholic Diocese of Brownsville operates Our Lady of Sorrows School, an elementary and middle school.
Public libraries
McAllen Public Library operates a main library and two branches, the Lark Branch and the Palm View Branch. The
new main branch opened in the fall of 2011 inside a former Walmart, and at 124,500 square feet, is credited as the
largest single story public library in the U.S.[28][29]
Recreation
Birdwatching – The McAllen is positioned on the migratory path between North and South America, presenting bird
and butterfly expeditions. The landscape hosts a diverse wildlife population.
The Quinta Mazatlan is the historic Spanish colonial mansion and is McAllen’s wing of the World Birding Center and
is a great place to explore and learn about the flora and fauna in McAllen. Children of all ages can register for the
science programs, tours and special events throughout the year. Quinta Mazatlan has something for everyone! [30]
The McAllen Dog Park is another place for recreation for dogs of all sizes. The lighted park is located off of Tamarack
and 2nd Street. The park is divided into two sections, a big dog and small dog side. The park is usually open until 10pm
every night.
The 2nd St. Bike path is another place to enjoy a stroll. This path stretches for several miles and runs from North to
South on McAllen's East side. The path is lined with trees, shade, and the occasional marker to let you know where you
are at.
The Bicentennial Bike Path runs all the way from Highway 83 on McAllen's South side to Bicentennial and Nolana on
McAllen's North side.
The Zinnia Spray Water Park is McAllen's first spray ground park. It's located at 29th and Zinnia Ave.[31]
12/10/2013
Page 9 of 13
Bill Schupp Park is park in North McAllen that has giant playscapes for climbing, sliding and having fun. The park has
plenty of space to play ball, have a picnic, and there are plenty of trails for running. There is also a sunken garden area
for performances.
Palm View Golf Course is located on South Ware Rd. just South of Highway 83. The golf course has 18 holes plus a
driving range. This course hosts numerous tournaments year round.[32]
Sports
McAllen is home to the professional baseball team, McAllen Thunder, of the North American League. They have
played their home games at Edinburg Stadium, since debuting in 2011.
The NBA D-League team, Rio Grande Valley Vipers, is also headquartered in McAllen. They are affiliated with the
Houston Rockets of the NBA. They were the 2010 D-League Champions. They play their home games at State Farm
Arena in nearby suburb, Hidalgo, Texas.[33]
The Rio Grande Valley Magic of the Lone Star Football League is a professional indoor football team that plays its
games at the State Farm Arena. They began in 2012.[34]
The Rio Grande Valley Dorados were a professional arena football team. They began play in 2004 as an expansion
member of AF2, the minor league to the Arena Football League. They played their home games at Obra Homes Field at
Dodge Arena (now State Farm Arena) in Hidalgo, Texas. The team folded in 2009 after the AF2 folded. The nowdefunct Arena Football League owned the rights to the Dorados name and logo as well.[35]
Dynamo South Texas Academy is a soccer development academy created in 2007 by the Houston Dynamo of Major
League Soccer. The Dynamo announced the creation of the Dynamo South Texas Academy as the franchise’s first
satellite academy. The Dynamo and the McAllen Youth Soccer Association partner up to develop young talent in the
Rio Grande Valley region of South Texas with the DSTA’s U-18 and U-15 teams, which train and compete in several
South Texas cities, including McAllen, Harlingen and Brownsville.[36]
McAllen has hosted the NAIA national football championship in the late 1970s and NCAA Division II national football
championship games in the 1980s.
McAllen is home to Rio Grande Speedway, a 1/4 mile dirt track with races the 1st, and 3rd Saturday of each month
from March through November, and a national multi-day event around December.
Media and journalism
Television stations
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
XHRIO 2 Matamoros, Tamaulipas Mundo Fox
KGBT 4 Harlingen, Texas CBS
KRGV 5 Weslaco, Texas ABC
XHAB 7 Matamoros, Tamaulipas Vallevision
XERV 9 Reynosa, Tamaulipas Canal de las Estrellas
XHREY 12 Reynosa, Tamaulipas Azteca 13
XHOR 14 Reynosa, Tamaulipas Azteca 7
KVEO' 23 Brownsville, Texas NBC
KTLM 40 Rio Grande City, Texas Telemundo
KNVO 48 McAllen, Texas Univision
KTIZ-LP 52 Harlingen, Texas The CW
12/10/2013
Page 10 of 13
◾ XHVTV 54 Reynosa, Tamaulipas Multimedios
◾ KMBH 60 Harlingen, Texas PBS
◾ KFXV 67 McAllen, Texas FOX
Radio stations
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
KURV-AM 710 AM News Talk Radio
XERDO-AM La Radio 1450 AM (News/Sports) [Spanish]
XEMS-AM Radio Mexicana 1490 AM (Regional Mexican) [Spanish]
KHID-FM 88.1 FM McAllen (National Public Radio)
XHRYS-FM Hits FM 90.1 FM (Top 40 Hits) [Spanish]
XHRYN-FM Uni 90.5 FM [Spanish]
XHRYA-FM Mas Musica 90.9 FM (Hit Radio) [Spanish]
XHMLS-FM Exitos 91.3 FM (All-Time Hits) [Spanish]
KCAS-AM The New KCAS 91.5 FM
XHAAA-FM La Caliente 93.1 FM (Regional Mexican) [Spanish]
KFRQ-FM Q94.5 FM (Classic/Modern/Hard Rock)
XHRT-FM Xtrema 95.3 FM (All-Time Hits) [Spanish]
KBTQ-FM Recuerdo 96.1 FM (Oldies) [Spanish]
KVMV-FM Family Friendly & Commercial Free 96.9 FM (Adult Contemporary Christian)
KGBT-FM Solamente Exitos 98.5 FM (Regional Mexican) [Spanish]
KKPS-FM Que Pasa 99.5 FM (Local Tejano Music) [Spanish]
KTEX-FM South Texas Country 100.3 FM (Country)
KNVO-FM Jose 101.1 FM [Spanish]
XHAVO-FM Digital 101.5 FM (International Music) [Spanish]
KBFM-FM Wild 104.1 FM (Hip-Hop/R&B/Reggaeton)
KJAV-FM 104.9 FM Jack FM ("Playing What We Want")(Adult Hits)
XQXX-FM The X 105.5 FM (Classic-rock)
KHKZ-FM Kiss 106.3 FM (Hot AC)
XHVTH-FM La Mas Buena 107.1 FM (Regional Mexican) [Spanish]
KVLY-FM Mix 107.9 FM (Top 40)
Area newspapers
◾ The Monitor is headquartered in McAllen
◾ Valley Morning Star
Online News
◾ Viva South Texas (http://www.vivasouthtexas.com) – owned by White Coyote Productions[37]
Architecture and points of interest
◾ Tallest buildings
1.
2.
3.
4.
5.
Chase Texas Tower (tallest tower in McAllen)
BBVA Compass Tower
Bentsen Tower
Embassy Suites Hotel
Mcallen Medical Center
12/10/2013
Page 11 of 13
6. Inter National Bank
7. Rio Grande Regional Hospital
◾ Gardens
1. McAllen Botanical Gardens
2. Quinta Mazatlan
◾ Others
1.
2.
3.
4.
5.
6.
7.
McAllen Convention Center
La Plaza Mall
Downtown McAllen
Rio Grande Speedway
South Texas College
International Museum of Art and Science
Cine El Rey
Chase Texas Tower
Surrounding cities
Nearest cities
◾ Cities within 75 miles (121 km)
◾ Alamo, Texas
◾ Brownsville, Texas
◾ Donna, Texas
◾ Edinburg, Texas
◾ Harlingen, Texas
◾ Hidalgo, Texas
◾ Mercedes, Texas
◾ Mission, Texas
◾ Pharr, Texas
◾ Reynosa, Tamaulipas (Mexico)
◾ San Juan, Texas
◾ Weslaco, Texas
Nearest major cities
◾ Cities with a population over 250,000 within 200 miles (320 km)
◾ Corpus Christi, Texas
◾ Laredo, Texas
◾ Matamoros, Tamaulipas
◾ Monterrey, Nuevo León
◾ Nuevo Laredo, Tamaulipas
◾ Reynosa, Tamaulipas
See also
◾ Veterans War Memorial of Texas
12/10/2013
Page 12 of 13
References
1. ^ a b "American FactFinder" (http://factfinder.census.gov). United States Census Bureau. Retrieved 2008-01-31.
2. ^ "US Board on Geographic Names" (http://geonames.usgs.gov). United States Geological Survey. 2007-10-25. Retrieved
2008-01-31.
3. ^ "McAllen Overview" (http://www.mcallen.org/Business-Community/McAllen-Overview). McAllen Chamber of
Commerce. Retrieved 26 August 2011.
4. ^ Bogan, Jesse (April 2, 2009). "A Boom At The Border" (http://www.forbes.com/2009/04/01/mexico-texas-economybusiness-border.html). Forbes. Retrieved Nov. 22, 2011.
5. ^ Garza, Alicia A. "McAllen" (http://www.tshaonline.org/handbook/online/articles/hdm01). Handbook of Texas Online.
Retrieved Nov. 22, 2011.
6. ^ "McAllen-Hidalgo-Reynosa Bridge" (http://www.txdot.gov/project_information/projects/border_crossing/mcallen.htm).
Texas Department of Transportation. Retrieved Nov. 22, 2011.
7. ^ "City History" (http://www.mcallen.net/info/history.aspx). City of McAllen. Retrieved Nov. 22, 2011.
8. ^ "Hoping for a silver lining" (http://www.economist.com/node/13279067). The Economist. Mar. 12, 2007. Retrieved Nov.
22, 2011.
9. ^ "US Gazetteer files: 2010, 2000, and 1990" (http://www.census.gov/geo/www/gazetteer/gazette.html). United States
Census Bureau. 2011-02-12. Retrieved 2011-04-23.
10. ^ "NOWData – NOAA Online Weather Data: Brownsville, TX" (http://www.nws.noaa.gov/climate/xmacis.php?wfo=bro).
National Weather Service Forecast Office. National Oceanic and Atmospheric Administration.
11. ^ "NowData – NOAA Online Weather Data" (http://www.nws.noaa.gov/climate/xmacis.php?wfo=bro). National Oceanic and
Atmospheric Administration. Retrieved 2012-02-09.
12. ^ Martha C. White (October 21, 2011) "Poorest place in US? McAllen, Texas, and here's why
(http://bottomline.msnbc.msn.com/_news/2011/10/21/8432089-poorest-place-in-us-mcallen-texas-and-heres-why)"
MSNBC.com Accessed November 5, 2011.
13. ^ "McAllen Overview" (http://www.mcallenchamber.com/Business-Community/McAllen-Overview). McAllen Chamber of
Commerce. 2011. Retrieved Nov. 21, 2011.
14. ^ "Rio Grande Valley" (http://www.texasborderbusiness.com/About/Rio-Grande-Valley). Texas Border Business. Retrieved
Nov. 21, 2011.
15. ^ "Retail Trade" (http://www.mcallenchamber.com/Business-Community/Retail-Trade). McAllen Chamber of Commerce.
2011. Retrieved Nov. 21, 2011.
16. ^ Chozick, Amy (March 12, 2006). "Mexican shoppers fuel South Texas retail boom" (http://www.chron.com/news/houstontexas/article/Mexican-shoppers-fuel-South-Texas-retail-boom-1856552.php). Wall Street Journal. Retrieved Nov. 21, 2011.
17. ^ "America's Fattest Cities" (http://247wallst.com/2013/04/12/americas-fattest-cities/3/). 24/7 Wall Street. Retrieved July 3,
2013.
18. ^ David C. Goodman (2004). "Twenty-year trends in regional variations in the U.S. physician
workforce" (http://tdi.dartmouth.edu/documents/publications/20%20year%20trends%20phys%20workforce.pdf). Health
Affairs (Project Hope). Suppl Variation: VAR90–VAR97. doi:10.1377/hlthaff.var.90 (http://dx.doi.org/10.1377%
2Fhlthaff.var.90). PMID 15471767 (//www.ncbi.nlm.nih.gov/pubmed/15471767).
19. ^ a b c d e Atul Gawande (June 1, 2009). "The Cost Conundrum – What a Texas town can teach us about health
care" (http://www.newyorker.com/reporting/2009/06/01/090601fa_fact_gawande?currentPage=all). The New Yorker.
Retrieved June 29, 2011.
20. ^ a b Katty Kay (July 7, 2009). "Texas town's healthcare puzzle" (http://news.bbc.co.uk/2/hi/americas/8137085.stm). BBC
News. Retrieved June 19, 2011.
21. ^ Bryant Furlow (October 2009). "US reimbursement systems encourage fraud and overutilisation". The Lancet Oncology 10
(10): 937–938. doi:10.1016/S1470-2045(09)70297-9 (http://dx.doi.org/10.1016%2FS1470-2045%2809%2970297-9).
PMID 19810157 (//www.ncbi.nlm.nih.gov/pubmed/19810157).
22. ^ Daniel J. Gottlieb, Weiping Zhou, Yunjie Song, Kathryn Gilman Andrews, Jonathan S. Skinner & Jason M. Sutherland
(March–April 2010). "Prices don't drive regional Medicare spending variations". Health Affairs (Project Hope) 29 (3): 537
–543. doi:10.1377/hlthaff.2009.0609 (http://dx.doi.org/10.1377%2Fhlthaff.2009.0609). PMID 20110290
(//www.ncbi.nlm.nih.gov/pubmed/20110290).
23. ^ Luisa Franzini, Osama I. Mikhail & Jonathan S. Skinner (December 2010). "McAllen And El Paso revisited: Medicare
variations not always reflected in the under-sixty-five population". Health Affairs (Project Hope) 29 (12): 2302–2309.
doi:10.1377/hlthaff.2010.0492 (http://dx.doi.org/10.1377%2Fhlthaff.2010.0492). PMID 21134933
(//www.ncbi.nlm.nih.gov/pubmed/21134933).
24. ^ "Parole Division Region IV (http://www.tdcj.state.tx.us/parole/parole-directory/paroledir-rgnldisparoff4.htm)." Texas
Department of Criminal Justice. Retrieved on May 21, 2010.
25. ^ "Post Office Location MCALLEN (http://usps.whitepages.com/service/post_office/mcallen-620-e-pecan-blvd-mcallen-tx1372393)." United States Postal Service. Retrieved on May 9, 2010.
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26. ^ "Post Office Location – DOWNTOWN MCALLEN (http://usps.whitepages.com/service/post_office/downtown-mcallen406-s-12th-st-mcallen-tx-1435759)." United States Postal Service. Retrieved on May 9, 2010.
27. ^ "McAllen International Airport – Welcome" (http://www.mcallenairport.com). Mcallenairport.com. Retrieved 2011-09-04.
28. ^ "McAllen Public Library – New Main Library – opening 2011" (http://www.mcallenlibrary.net/about/newmain.aspx).
Mcallenlibrary.net. Retrieved 2011-09-04.
29. ^ http://weburbanist.com/2012/09/04/abandoned-walmart-now-americas-largest-library/. Missing or empty |title= (help)
30. ^ "The Quinta Mazatlan" (http://www.exploremcallen.com/). ExploreMcAllen.com. Retrieved 2012-06-20.
31. ^ "Zinnia Spray Park" (http://www.exploremcallen.com/). ExploreMcAllen.com. Retrieved 2012-06-20.
32. ^ "Palm View Golf Course" (http://www.mcallen.net/golf/default.aspx/). McAllen.net. Retrieved 2012-06-20.
33. ^ "RGV Vipers" (http://www.nba.com/dleague/riograndevalley/). NBA.com. Retrieved 2012-06-20.
34. ^ "Rio Grande Valley Magic" (http://www.rgvmagic.com/). RGVMagic.net. Retrieved 2012-06-20.
35. ^ "Rio Grande Valley Dorados" (http://en.wikipedia.org/wiki/Rio_Grande_Valley_Dorados). wikipedia.org. Retrieved 201206-20.
36. ^ "Dynamo South Texas Academy" (http://mysasoccer.com). mysasoccer.com. Retrieved 2012-06-20.
37. ^ http://www.vivasouthtexas.com/about-us.html
External links
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
◾
McAllen Convention and Visitors Bureau (http://www.mcallencvb.com/)
Let's Meet in McAllen (http://www.letsmeetinmcallen.com/)
Official Website (http://www.mcallen.net/)
exploreMcAllen.com (http://www.exploreMcAllen.com/) – New portal website for the City of McAllen
McAllen Public Library (http://www.mcallenlibrary.net/)
New Main Library (http://www.mcallenlibrary.net/about/newmain.aspx)
McAllen Chamber of Commerce (http://mcallen.org/)
McAllen Economic Development Corporation (http://www.medc.org/)
McAllen Foreign Trade Zone (http://www.mftz.org/)
The Handbook of Texas Online (http://www.tshaonline.org/handbook/online/articles/MM/hdm1.html)
¿qué pasa? – the Rio Grande Valley event guide (http://www.valleyquepasa.com/home.html)
McAllen Citizens League (http://www.mcallencitizensleague.org/)
Association of Importers & Exporters of Texas (http://www.imp-exp-texas.org/)
[1] (http://www.exploremcallen.com)
Retrieved from "http://en.wikipedia.org/w/index.php?title=McAllen,_Texas&oldid=584545865"
Categories: McAllen, Texas Cities in Texas Cities in Hidalgo County, Texas
Populated places established in 1904
◾ This page was last modified on 4 December 2013 at 16:59.
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12/10/2013
SECTION 8 – OFFERING PROCEDURE
OFFERING PROCEDURE
OFFERING
PROCEDURE:
CONTACT
INFORMATION:
Offers can be faxed, mailed or E-mailed, to the attention of Bob
Garber at the address below. Ownership will provide updates through
their broker on the final due date for offers, as well as any changes or
updates to the information on the offering or on the status of the
property. Building tours can be coordinated by contacting Bob Garber.
Additional due diligence and other materials are available upon request.
Bob Garber, SIOR
Principal
3 Summit Park Drive
Suite 200
Cleveland, Ohio 44131
T: (216)525.1467
F: (216) 520.1828
[email protected]

101 W. Eldora Road Pharr, Texas 78577

Transcription

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