Binswanger Commercial Real Estate Services has been selected as the exclusive agent to market the Oradel Industrial and Rail Parks Portfolio in Nuevo Laredo, Mexico. The property consists of 16 class A industrial buildings totaling 3.3 million square feet.
The border crossing between the “Two Laredos” — Nuevo Laredo, Mexico, and Laredo, Texas — accounts for 40 percent of U.S.-Mexico trade and is considered to be the No.1 land port in America. In 2019, $324 billion of world trade passed through this border crossing. Each day, 14,000 trucks and 1,800 rail cars use this border crossing for commerce.
“With new trade agreements strengthening the relationship between Mexico, Canada and the United States, the portfolio’s location, its class A construction, and the commitments of various global corporations through leases in U.S. dollars ensures long-term stable returns,” stated Josh Haber, senior vice president, Binswanger. “Sitting almost equidistant from San
