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Saxum Real Estate has closed on a 120-acre land site in El Paso where the firm is planning two construction phases to deliver 1.7 million square feet of new industrial space. Construction has commenced on Phase I of Eastwind Industrial, which includes two buildings totaling 754,000 square feet. The buildings will consist of 407,000 square feet of cross-dock and 347,000 square feet of rear-load space.