Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Evergen Acquires 362K-SF Laredo Warehouse Portfolio
Capitalizing on U.S. nearshoring opportunities fueled by demand for U.S.–Mexico cross-border logistics, Evergen Equity has acquired a three-building industrial portfolio in Laredo, Texas—North America’s busiest port. The acquisition strengthens Evergen’s footprint in U.S.–Mexico commerce and supports manufacturers’ reshoring operations to North America.
The infill portfolio includes three fully leased Class B industrial assets totaling 362,000 square feet on 20 acres. Located at the nexus of I-35 and I-69—at 810 Nafta Boulevard, 8411 Gavin Road, and 8414 El Gato Road—the properties are four minutes from the World Trade International Bridge, a key commercial crossing point. The tenants have occupied the buildings since 2006 and 2008, respectively.
Founded in 2021, Evergen Equity acquires and manages a diversified portfolio of industrial, multifamily, retail, and large land holdings. The firm’s portfolio spans over $700 million in assets from the Port of Los Angeles to the Port of Savannah, including critical industrial holdings along the U.S.–Mexico border.
- ◦Sale/Acquisition