One percent vacancy! Laredo industrial market tightensOne percent vacancy! Laredo industrial market tightenshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=21082014-12-22T09:49:00Z2014-12-22T07:48:00Z

LAREDO - CBRE has completed three logistics company leases totaling 336,665 sf.

Two undisclosed tenants will house distribution operations in a 240,837-sf location at 301 Vallecillo Rd., owned by Majestic Realty, and an 88,828-sf location at 8402 W. Bob Bullock Loop.

A third undisclosed tenant will use a 7,000-sf location at 13512 Mercury Dr. for truck maintenance and leasing.

“Laredo’s industrial market is about 1 percent vacant, leaving very few options for companies looking for space,” said Josh Aguilar of CBRE.

“There are no 100,000-sf or larger industrial vacancies in Laredo and no planned speculative development, either,” said Aguilar.

tag: Laredo Market Data Sources

http://www.cbre.us/o/sanantonio/real-estate-news/Pages/CBRE-Signs-Three-Logistics-Leases-in-Tight-Laredo-Industrial-Market.aspxRead more at {Source}

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