Standard Real Estate Investments and Brennan Investment Group have formed a joint venture partnership to develop a state-of-the-art, class A industrial cross dock building in Laredo, Texas. The Laredo Pinnacle Development II facility will be located adjacent to Mines Road in the Pinnacle Business Park.
“The positive market dynamics in Laredo and the potential for continued nearshoring-driven growth make this an extremely attractive project,” said Lindsay Louie of Standard. “We are excited to tap into the industrial and logistics expertise of the Brennan team and work together to create a state-of-the-art facility in this expanding and strategically significant transportation hub.”
Located in the Pinnacle Business Park, the 433,000-square-foot facility will feature a functional and flexible build-out allowing for single- or multi-tenant use with 144 parking spaces, 156 dock doors and four drive-in doors and ESFR sprinkler systems. Two truck courts, including one
