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Rail News: Short Lines & Regionals

OmniTRAX, real estate firm to develop industrial hub warehouses


OmniTRAX Inc. and industrial park developer Majestic Realty Co. have agreed to form a partnership to develop warehouses at the GEOTRAC Industrial Hub at the Port of Brownsville in Texas.

The new partnership and anticipated development of up to 2.8 million square feet over 15 years is expected to attract diverse companies — particularly wholesale distributors — to the Rio Grande Valley region, OmniTRAX officials said in a press release.

The GEOTRAC Industrial Hub is a "strategic relationship" between the port and OmniTRAX that is developing thousands of acres into a commercial center. The land offers infrastructure connecting the port to the United States via the Brownsville & Rio Grande International Railway.

"The area around Brownsville is going through a commercial resurgence due to its proximity to Mexico, access to the Gulf and first class infrastructure," said Tony Manos, OmniTRAX's senior vice president of industrial development. "OmniTRAX and Majestic Realty, with the support of the Port of Brownsville, are set to provide companies with the capabilities needed to successfully service their clients in south Texas and around the world."

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More News from 2/1/2017