Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Nation’s Leading Inland Port Adds 433K-SF Warehouse
Standard Real Estate Investments and Brennan Investment Group have formed a joint venture partnership to develop a Class-A industrial cross dock building in Laredo, TX. The Laredo Pinnacle Development II facility will be located adjacent to Mines Road in the Pinnacle Business Park.
Located in the Pinnacle Business Park, the 433,000-square-foot facility will feature a functional and flexible buildout allowing for single—or multi-tenant use. Two truck courts will accommodate the large volume of trucks traveling between Mexico and the US.
As the leading inland port in the United States, situated at a significant border crossing with Mexico, Laredo sees 6.3 percent of the United States’ total trade traffic. Mines Road is the major thoroughfare through Northwest Laredo that intersects with Highway 59 to Houston, I-35 to San Antonio, Austin, Dallas, and Highway 255, which provides connectivity to the Laredo International Bridge. Two Class I railroads serve the region and provide rail access to and from Mexico further increasing supply chain efficiencies.
- ◦Development