Delta Drive - Laredo Industrial
Property Overview
The Opportunity
11018 Delta Drive was the off-market acquisition of a 72,868 SF tilt wall industrial warehouse in Laredo. Purchased 100% vacant, the acquisition presented an immediate mark-to-market opportunity leasing opportunity in the historically 99% occupied San Isidro submarket. Located 3.5 miles from the World Trade Bridge, host to 60% of the truck traffic between the U.S. and Mexico and the largest overland port in the nation, the property is uniquely positioned to capitalize on the booming near-shoring trend and the significant expansion plans of the World Trade Bridge, slated to double in capacity in the next three years.
Competitive Advantage
Lessons Learned
Property Location
Documents & Financials
Related Articles
Investment Summary
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