Albany Road Real Estate Partners Acquires Industrial Asset From ATL Express In Laredo For $19.4M
20951 Mines Road
$6,200,000
$319/SF
Building Size
19,406 SF
Asset Type
Industrial
Closing
Dec 22, 2025
AI
The asset involved in this transaction is an industrial property located at 20951 Mines Road, in the Laredo market, with a total square footage of 19,406. The seller of the property is ATL Express.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Albany Road Real Estate Partners
- Seller: ATL Express
- Buyer's Representative: Lyman Phillips - Golden Lion Capital Investments
- Seller's Representative: Juan Fraga - First Houston Properties
- Date of Transaction: 12/23/2025
This transaction involved key representatives, with Lyman Phillips from Golden Lion Capital Investments representing Albany Road Real Estate Partners and Juan Fraga from First Houston Properties representing ATL Express. This marks the second transaction for Golden Lion Capital with Albany Road in the current year.
Players
Laredo 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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93