Updated Dec 16, 2025
Harry Ashforth Of AKRE Partners Acquires Industrial Warehouse At 310 Union Pacific Boulevard In Laredo
310 Union Pacific Boulevard
Building Size
16,945 SF
Asset Type
Industrial
Closing
Nov 26, 2025
About this deal
AI
The property at 310 Union Pacific Boulevard is a 16,945-square-foot warehouse located in Laredo's Milo Distribution Center. Built in 1994, this industrial asset features 20-foot clear heights, 22 trailer parking spaces, and 1,200 square feet of office space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Buyer: Harry Ashforth
- Buyer's Company: AKRE Partners
- Address: 310 Union Pacific Boulevard
- Market: Laredo
AKRE Partners, an industrial investment firm, has successfully acquired the warehouse. The seller's identity and the specific sale price remain undisclosed.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93