Ed Brickley & Bob Fordi Of Realterm Acquire 40-Acre Industrial Facility In Laredo Texas
14610 Mines Road
Building Size
—
Asset Type
Industrial
Closing
Jun 4, 2026
AI
Realterm acquired an industrial outdoor storage facility located at 14610 Mines Road in Laredo, Texas. The property spans 40 acres and is fully leased to Heartland Express, which supports cross-border freight operations associated with the Mexico trade corridor. The site includes paved logistics infrastructure along with additional developable acreage, strategically located near critical border routes such as the World Trade Bridge.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 14610 Mines Road
- Market: Laredo, TX
- Acres: 40
- Buyer: Ed Brickley & Bob Fordi
- Buyer’s Company: Realterm
Ed Brickley and Bob Fordi represent realterm'>Realterm in this transaction, highlighting the company's focus on mission-critical logistics assets in high-volume trade gateways. The acquisition aligns with investor demand for such properties that support vital logistical operations in strategic locations.
Osage Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93