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Gulf Corp. Begins 132K-SF IH-35 Logistics Center
Dallas-based Gulf Corp. broke ground on a 131,718-square-foot, speculative industrial development in Laredo, TX. The property, dubbed IH-35 Logistics Center, is scheduled for completion in Q1 2020, and will offer 4,000 square feet of ground-floor office space, and a 1,000-square-foot, second-story warehouse office, along with 73 trailer parking spaces and 60 employee parking spaces. The property will be on the Interstate 35 frontage road and Beltway Parkway.
Gulf Corp. is building the property on behalf of landlord TW Laredo I LLC, an entity of Tailwind Real Estate Equities. Park Avenue Construction is the Developer. Joshua Agular and Rob Burlingame with CBRE are marketing the property on behalf of the landlord.
“This new development from Gulf Corporation will provide users in the market with a much needed, top-of-the-line space that is suitable for a wide variety of uses including logistics, distribution and manufacturing,” Aguilar said.
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