SAN BENITO, Texas – Veteran real estate broker Adrian A. Arriaga says four national chains are coming to San Benito in the near future.
The owner of The Arriaga Group spoke at a recent Rio Grande Valley Partnership Commercialization and Investment Tour, co-hosted with San Benito Economic Development Corporation.
“We cannot say too much but… right across the street down here (we have) 12 acres, of which six acres are under contract for four national companies,” Arriaga said.
Arriaga said the deal should close in the very near future. “Like next week or immediately afterwards,” he said. “You are going to find out that the it’s going to put you on the map again because (they are) companies that we simply people don’t have on this side of of Cameron County.”
Arraiga said his company also has six acres or 90,000 square feet on the marker near Walmart and HEB in San Benito. On a powerpoint he had the lots labeled ABC and D.
“Right now, Lacks furniture store is there but they are in the process of vacating. So, we are trying to find and have identified a couple of national companies, medium size boxes to go there, to be determined before the end of the year.”
Arriaga added that a couple of years ago a company called Magna International wanted to build a 200,000 square foot manufacturing center.
“It got started and then it slowed down because of COVID. Soon to come back,” Arriaga said.
“Why the San Benito area versus McAllen, Brownsville or Harlingen? Because of your bridge and (so there are) some fun things to come.”
Ramiro Aleman, the CEO of San Benito EDC, welcomed many realtors and land developers to the event. Julia Landrum, the EDC’s new community development and marketing manager then gave a powerpoint presentation on why potential investors should look at San Benito.
There were then presentations by three different real estate firms. In addition to the presentation given by Arriaga, Louie Tijerina of CBRE and Cesar Villarreal of Origo Works gave remarks.
Here is a video recording of the RGVP-San Benito EDC Commercialization and Investment Tour:
Video
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