MAG Capital Partners recently completed the acquisition of two logistics facilities in Hidalgo County through a sale-leaseback transaction with Commodities Integrated Logistics (CiL), a company located in McAllen, Texas.
The properties, 2300 Sugar Sweet Ave. and 501 S Pleasantview Drive, are situated on 23 acres in Weslaco, Texas and offer a combined total of 360,000 square feet. They are conveniently located just east of McAllen with easy access to I-2 and Mid Valley Airport.
With over three decades of experience in the industry, CiL currently occupies more than 1.5 million square feet along the U.S.-Mexico border for various logistics services such as import/export operations, warehousing solutions,and distribution and transportation services for industrial products as well as perishable goods. In addition to these offerings,CiL also provides its CiL Deliveries System which caters specifically to small- and medium-sized manufacturersand entrepreneurs looking to take advantage of digital commerce opportunities under existing trade agreements between the U.S., Mexico,and Canada.
In recent years,Mexico has emerged as America’s top trading partnerwith total two-way goods trade reaching $799 billion by2023.
Jovan Jokic from Helios CRE acted on behalf ofthe seller during this transaction.
MAG Capital Partners has acquired two logistics facilities located in Hidalgo County through a sale-leaseback deal with Commodities Integrated Logistics (CiL), an established company based outof McAllen,Texas.The properties,includedin this purchaseare2300 Sugar Sweet Ave.and501 S Pleasantview Drive,situatedon23acresinWeslaco,Texas.These strategically positioned warehouses providea combined areaof360000squarefeetandofferconvenientaccessibilitytoI-2andMidValleyAirportlocatedjust20minutesawayfromMcAllenCitycenter.Withover30yearsofoperationalhistory,CiLoccupiesmorethan1.5millionsquarefeetoflogisticsspacealongtheU.S.-Mexicoborder,providingimportandexportservices,warehousing,distribution,andtransportationforindustrial,commercial,andperishableproducts.Additionally,CiLoffersitsCiLDeliveriesSystemtoassistsmall-andmedium-sizedmanufacturersandentrepreneursinleveragingdigitalcommerceopportunitiesunderthetradeagreementsbetweentheU.S.,Mexico,andCanada.
In 2023,MexicoemergedasthetoptradingpartneroftheUnitedStateswithatotaloftwo-waygoodstradereaching$799billion.JovanJokicfromHeliosCRErepresentedthesellerduringthisacquisitionprocess.
The recent purchase of these border-area warehouses by MAG Capital Partners marks a significant milestone in their expansion efforts. With the expertise and experience of CiL in logistics services along the U.S.-Mexico border and the growing trade relationship between Mexico and the United States,the acquisition is expected to bring mutual benefits for both parties involved. The seller was represented by Jovan Jokic from Helios CRE during this transaction process.
