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15241 Fatima Drive

Key Facts

  • 250,000 square feet
  • 30' clear heights
  • 48 docks

About

Located on 18 acres in Laredo, Texas, the 250,000 square foot distribution facility was delivered in late 2023 and features 30’ clear heights, 3,000 square feet of office space, 48 docks, 233 trailer stalls, and 272 parking spaces. While under contract, Thor Equities successfully negotiated a five year lease with EELCO, a US Customs Broker with over 30 years history in Laredo, at a record rental rate for product of comparable size in the market. Due to nearshoring and an explosion of trade between Mexico and the USA, Laredo is one of the most crucial land ports in the world. The bustling port is directly across the border from one of Mexico’s largest manufacturing hubs and facilitated $25 billion in trade value per month over 2022, representing nearly 60% of all annual trade between the USA and Mexico. Furthermore, Laredo’s strategic location in its market reaches more than 8 million people residing in a 250-mile radius.

Status

Fully Leased

Contact

George Stanchfield

+1 212 529 8422

gstanchfield@thorequities.com