Acquisition Announcement: 172 Interamerica - Laredo Industrial

The Opportunity

172 Interamerica Blvd was the off-market acquisition of an 86,310 SF tilt-wall industrial warehouse in Laredo’s Killam Industrial Park, one of the region’s most sought-after infill locations. Newly delivered and 100% vacant at acquisition, the property offers a significant mark-to-market leasing opportunity in a submarket with 99% historic occupancy. Positioned just 2.2 miles from the World Trade Bridge—which facilitates 60% of U.S.-Mexico cross-border truck traffic—this Class A asset is poised to benefit from accelerating nearshoring demand and the forthcoming doubling of the bridge’s capacity. The deal follows the successful execution of BCP’s Delta Drive strategy and features immediate tenant interest, robust yield-on-cost potential, and optionality for portfolio or individual disposition within a supply-constrained industrial corridor.

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Area Overview

Located at "Main & Main" for industrial product.

Killam Industrial Park

Property Overview

Laredo's Strategic Positioning & Comparative Lack Of Supply

Laredo is dramatically underserving its Mexican counterpart markets, which have a 3:4+ ratio of space when comparing US to Mexican markets.

• Due to Mexico’s northern mountain range and Laredo’s strategic position relative to I-35, the vast majority of nearshoring activity is funneling into Laredo.
• Monterrey and Saltillo represent 56% of nearshoring market share with 207.9M SF of total industrial SF.
• After absorbing over 20M SF last year, the two cities have an additional 14.5M SF of industrial space under construction.
• In Saltillo, 100% of the current product under construction is pre-leased.

Interested in learning more about BCP? Please click here to reach out to one of team members.

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