Everything Rene Alcalá said at the State of the RGV Real Estate Forum

WESLACO, Texas - A senior executive with Killam Development says demand for industrial real estate in Mexico and the southern US is accelerating with his company receiving inquires from Alaska, Indiana and Illinois.Rene Alcalá, director of business development, RGV leasing and sales for Killam, was a panelist at the recent State of the RGV Real Estate Forum hosted by the Rio Grande Valley Partnership and RGV First. Killam is developing a large industrial park near the Anzalduas International Bridge in Mission.“The demand for industrial real estate in Mexico and the southern US is accelerating as we saw with Carlos Marquez’ and Carlos Telles’ presentations,” Alcalá said.Industrial real estate specialists Carlos Marquez and Carlos Telles were on the same panel as Alcalá.“Within the next five to ten years we expect to see an interconnected web of manufacturing, assembly, warehouse logistic facilities emerge as these corporations seek to optimize their supply chains,” Alcalá said.Alcalá asked those in the audience if they remember watching news during COVID and seeing shipping containers stretched out for miles at sea trying to get into the Port of Los Angeles. Supply chains were disrupted and some products were unavailable in the stores, he recalled.“So that is what we want to avoid. The risk mitigation of having to depend on sea transportation of these products rather than buying land (along the border of the US or Mexico). (It) is a lot easier (to buy landO and a lot more cost effective. The distances are shorter. So those are some of the benefits that we see with near-shoring.”Editor's Note: Go to the Rio Grande Guardian International News Service website to read the full story.Go to www.riograndeguardian.com to read the latest border news stories and watch the latest news videos.