Realterm and Titan Development have announced plans to collaborate on the development of a 440,300-square-foot Class A building in Laredo. The property is strategically located near the Port of Laredo, which is recognized as the top port in the nation with $320 billion in total trade with global partners by 2023 according to data from U.S. Census Bureau.
Situated on 26.08 acres within a high-volume U.S.-Mexico border crossing market, this development offers excellent potential for businesses seeking prime warehouse space. With its ability to be divided into two separate units, it provides flexibility for multiple tenants.
Moreover, this site boasts convenient access to major transportation routes such as Mines Road and interstates I-69 and I-35. It also benefits from being less than a 21-minute drive from World Trade Bridge and only 16 minutes away from Colombia Bridge border crossing.
This speculative project will be available for lease upon completion and further expands Realterm’s portfolio of properties across Texas including Dallas,Houston,Austin ,Del Valle,Hutchins ,El Paso,and now,Laredo.This joint venture acquisition represents another step forward in Realterm’s steady growth strategy within Texas’ commercial real estate market.
