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VanTrust Real Estate Leases 432085 Square Feet Industrial Space In North Laredo Industrial Park

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LEASED
Rob Burlingame
Joshua Aguilar
+ 1

Texas

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Industrial432,085 SF
Leased
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Property Image
LEASED

VanTrust Real Estate Leases 432085 Square Feet Industrial Space In North Laredo Industrial Park

Industrial432,085 SF
Leased
Rob Burlingame
Joshua Aguilar
+ 1
Contact now

Summary

Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:432085 SF
Transaction Type:Lease

The property at 15308 Fatima Drive in Laredo, Texas, is an industrial asset with a total square footage of 432,085. It features 112 dock positions, three drive-in doors, 224 trailer parking spaces, and an additional 17,000 square feet of newly constructed office space. The property is situated within the North Laredo Industrial Park.

Summary of transaction details:

CBRE's Joshua Aguilar and Rob Burlingame represented the landlord, VanTrust Real Estate, during the negotiation of the lease, while Carlo Molano from Forum Commercial Real Estate and Kristina Madayag from KBC Advisors represented the tenant, a global logistics company.

Players

Joshua Aguilar
7 deals$30M volume
BROKER

Rob Burlingame
CBRE
4 deals
BROKER

Carlo Molano
Forum Commercial Real Estate
2 deals
BROKER

Details

LEASED
IMAGE: Joshua Aguilar, Rob Burlingame, Carlo Molano & Kristina Madayag DATE: 10/22/2024 ADDRESS: 15308 Fatima Drive MARKET: Laredo ASSET TYPE: Industrial ~ SF: 432,085 LANDLORD: VanTrust Real Estate (@VantrustRE) LANDLORD'S REP: Joshua Aguilar & Rob Burlingame - CBRE (@CBRE) TENANT'S REP: Carlo Molano - Forum Commercial Real Estate; Kristina Madayag (@KMadayag25) - KBC Advisors NOTE: CBRE has secured a 432,085-square-foot industrial lease for an undisclosed global logistics company at Building 1 of North Laredo Industrial Park in Laredo, Texas. The facility includes 112 dock positions, three drive-in doors, 224 trailer parking spaces, and 17,000 square feet of newly constructed office space, with negotiations handled by CBRE's Josh Aguilar and Rob Burlingame for the landlord, VanTrust Real Estate.

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Deal Type
Effective Rent (Annual)

$24,766,851.46

Total Lease Value

$247,668,514.61

Net Landlord Cash Flow$24,766,851.46