Thor Equities Group, a global leader in real estate development, leasing, and management, has announced the acquisition of a premier industrial facility in Laredo, Texas. This 250,000 square foot distribution facility, situated on 18 acres and featuring 30-clear height ceilings, extensive docking facilities, and substantial office space, marks a significant milestone in Thor Equities’ expansion. The facility is strategically located at the Port of Laredo, the leading international trade port in the United States, and facilitated $25 billion in monthly trade during 2022. Thor Equities successfully negotiated a five-year lease with EELCO, a prominent U.S. Customs Broker, at a record rental rate for comparable properties. This acquisition aligns with Thor Equities’ forward-thinking, cross-border logistics strategy designed to capitalize on the surge in trade between Mexico and the USA. The company has an extensive portfolio across key U.S. markets and European gateway cities, with significant additional investments planned globally, including into the data center sector.
Real Estate, Logistics, Investment Management,United States, Mexico, Europe
https://www.globenewswire.com/news-release/2024/06/07/2895433/0/en/Thor-Equities-Group-Advances-Cross-Border-Logistics-Strategy-with-Key-Acquisition.html