Updated Sep 4, 2026
Joe DeHaven Of MDH Partners Acquires 129,301 Square Foot Industrial Facility In Laredo For $425M
302 Grand Central Boulevard
Building Size
129,301 SF
Asset Type
Industrial
Closing
Aug 31, 2026
About this deal
AI
MDH Partners acquired a 129,301-square-foot industrial facility located at 302 Grand Central Boulevard in Laredo, Texas. The property is fully leased to DHL Global Forwarding and is situated near the World Trade Bridge.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 302 Grand Central Boulevard, Laredo, TX
- Market: Laredo, TX
- Asset Size: 129,301 SF
- Buyer: Joe DeHaven - MDH Partners
- Broker: Craig Tomlinson - NorthMarq
This acquisition marks MDH’s busiest summer on record, with eight deals totaling more than $425 million in investments completed over approximately 60 days.
Players
Laredo Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Laredo industrial sales on Traded.
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