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Thor Equities acquires premier industrial facility in Laredo, Texas
Transactions - JUNE 10, 2024

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Thor Equities acquires premier industrial facility in Laredo, Texas

by RELEASED

Thor Equities Group announced the acquisition of a premier industrial facility in Laredo, Texas.

Located on 18 acres in Laredo, Texas, the 250,000-square-foot distribution facility was delivered in late 2023 and features 30-foot clear heights, 3,000 square feet of office space, 48 docks, 233 trailer stalls and 272 parking spaces. While under contract, Thor Equities successfully negotiated a five-year lease with EELCO, a U.S. Customs Broker with more than 30 years of experience in Laredo, at a record rental rate for product of comparable size in the market. Due to nearshoring and an explosion of trade between Mexico and the United States, Laredo is one of the most crucial land ports in the world. The port is directly across the border from one of Mexico’s largest manufacturing hubs and facilitated $25 billion in trade value per month during 2022, representing nearly 60 percent of all annual trade between the United States and Mexico. Laredo’s strategic location in its mark

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