A 1031-exchange buyer recently purchased a 79,883-square-foot warehouse in Laredo, Texas for $9.15 million. Representing the seller Stos Partners was a CBRE team led by Anthony DeLorenzo.
Situated at 13806 North Unitec Drive, the property was constructed in 2001 and is fully occupied by Grupo Cargoquin – a supply chain company that provides custom agency services as well as third-party logistics (3PL), transportation logistics and foreign trade consulting solutions. The facility consists of two buildings with 22’ clear heights, eight drive ins, 21 loading bays and 53 parking spaces.
Commenting on the sale DeLorenzo said “The Port of Laredo is one of the busiest inland ports on the U.S.-Mexico border; therefore providing new owners with security due to its strong tenant presence along with ease of ownership and flexibility going forward.”
Located on 4.94 acres just off Interstate 35 which connects Laredo to other parts of United States & Canada; it’s only 20 minutes away from Port Of Laredo
