Municue

Case File 26-0525

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An Ordinance authorizing the conveyance of real property owned by the City of El Paso to EP Ariah Properties, LLC for the purchase price of $352,531.00; such real property legally described as Lot 25, Block 3, Keystone Business Park, an addition to the City of El Paso, El Paso County, Texas, according to the plat thereof recorded in Volume 76, Page 83, 83A, and 83B, plat records of El Paso County, Texas.

site_specificCity Council
The City of El Paso sold Lot 25, Block 3 in Keystone Business Park to EP Ariah Properties, LLC for $352,531. The transaction allowed the city to convey city-owned real property to a private entity. The sale was approved unanimously by City Council on May 12, 2026.
2 eventsFirst seen Apr 28, 2026Last activity May 12, 2026File #: 26-0525
City Council: Carried: 8 to 0May 12, 2026
Topics
development

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Attorney
As of May 2026

Check bidding record on El Paso's industrial ground leases

Context: Item 26 was grouped with Item 25 on 2026-04-28, and Item 48 was grouped with Items 47-52 on 2026-05-12 — no recorded instance of a lease being discussed on its own.

Recommended: Confirm whether the eight ground leases to SL3 EP Industrial went through competitive bidding or the statutory public-notice process for disposing of city land — both times these leases reached council they moved as grouped consent items, not individually, which is exactly how notice defects go unchallenged.

Source: City Council — May 12, 2026 →
Developer
As of May 2026

Benchmark El Paso's new industrial ground lease terms

Context: City Council adopted eight separate ground lease resolutions for SL3 EP Industrial, L.P. by an 8-0 vote on 2026-05-12, after a first pass on 2026-04-28.

Recommended: Pull the eight adopted ground lease resolutions to see the rent, term length, and escalation clauses El Paso just agreed to with SL3 EP Industrial — these are your comparison point if you're negotiating a ground lease on city-owned land for your own industrial project.

Source: City Council — May 12, 2026 →
Journalist
As of May 2026

Identify who controls SL3 EP Industrial in El Paso

Context: Eight ground lease resolutions for one lessee cleared council 8-0 on both 2026-04-28 and 2026-05-12 without any recorded individual scrutiny of a single lease.

Recommended: Run a Texas corporate filing search on SL3 EP Industrial, L.P. to identify its principals — the city handed this single entity eight separate ground leases, and every appearance of the item passed unanimously as part of a grouped consent vote with no individual discussion in the record.

Source: City Council — May 12, 2026 →

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Timeline

Vote
Carried: 8 to 0

An Ordinance authorizing the conveyance of real property owned by the City of El Paso to EP Ariah Properties, LLC for the purchase price of $352,531.00; such real property legally described as Lot 25, Block 3, Keystone Business Park, an addition to the City of El Paso, El Paso County, Texas, according to the plat thereof recorded in Volume 76, Page 83, 83A, and 83B, plat records of El Paso County, Texas.

Vote: 8 for, 0 against

adopt Ordinance 019871 authorizing conveyance of Lot 25, Block 3, Keystone Business Park to EP Ariah Properties, LLC for $352,531.00

Items 25 and 26 were presented together

Vote
Carried: 8 to 0

An Ordinance authorizing the conveyance of real property owned by the City of El Paso to EP Ariah Properties, LLC for the purchase price of $352,531.00; such real property legally described as Lot 25, Block 3, Keystone Business Park, an addition to the City of El Paso, El Paso County, Texas, according to the plat thereof recorded in Volume 76, Page 83, 83A, and 83B, plat records of El Paso County, Texas.

Vote: 8 for, 0 against

advertise for public hearing (first reading); conveyance of property to EP Ariah Properties, Lot 25

Voted as group with items 47-52; public hearing May 12, 2026