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Jeff Small Jr. & Makenna Barbara Of MDH Partners Acquire Industrial Building In Laredo Texas

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SOLD

Texas

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Industrial70,000 SF
Sold 12/13/2024
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SOLD

Jeff Small Jr. & Makenna Barbara Of MDH Partners Acquire Industrial Building In Laredo Texas

14002 Mercury Drive

See Similar Deals
Industrial70,000 SF
Sold 12/13/2024
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:70,000 SF
Transaction Type:Sale

MDH Partners acquired an industrial property located at 14002 Mercury Drive in Laredo, Texas. The asset encompasses 70,000 square feet and is fully leased to a logistics company for a six-year term. This Class-A facility was completed in 2023 and is strategically positioned near I-35 and the Mexico-U.S. border, contributing to MDH's significant presence in the Texas market, which now exceeds 6.5 million square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 14002 Mercury Drive
  • Market: Laredo
  • Buyer: Jeff Small, Jr. & Makenna Barbara - MDH Partners
  • Broker: Alfonso Jasso - Forum CRE

Jeff Small, Jr. and Makenna Barbara represented MDH Partners in this transaction. Alfonso Jasso from Forum CRE acted as the broker for this deal. The acquisition reflects MDH Partners' strategy to expand its portfolio in the Texas region.

Players

Alfonso Jasso
Forum CRE
Alfonso Jasso
1 deal(956) 508-4203
BROKER

Details

SOLD
IMAGE: Jeff Small, Jr., Makenna Barbara & Alfonso Jasso DATE: 12/13/2024 ADDRESS: 14002 Mercury Drive MARKET: Laredo ASSET TYPE: Industrial ~ SF: 70,000 BUYER: Jeff Small, Jr. & Makenna Barbara - MDH Partners BROKER: Alfonso Jasso - Forum CRE NOTE: MDH Partners acquired a 70,000-square-foot industrial building at 14002 Mercury Drive in Laredo, Texas, which is fully leased to a logistics company for six years. The Class-A facility, completed in 2023, is strategically located near I-35 and the Mexico-U.S. border, expanding MDH's Texas footprint to over 6.5 million square feet.

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