Brennan Investment Group, a Chicago-headquartered private real estate investment firm specializing in the acquisition, development, and operation of U.S. industrial facilities, has begun construction on a Class A, cross-dock building situated on 24.18 acres in Laredo, Texas.
The facility, which will encompass 393,796 square feet, is expected to be completed by December.
“Mexico overtook China in late 2023 to become the number one exporter to the United States with the value goods approaching $500 billion,” said Michael Brennan, chairman and managing principal of Brennan Investment Group. “Of equal importance, Laredo has the number one port in North America. We are pleased with our strategic decision to invest here.”
Hildeberto Moreno, Brennan’s vice president for U.S. border investments, added, “The development will feature important logistical amenities, including 32-foot clear ceiling heights and ample trailer parking. Our location within Laredo could not be better. We are between the two primary commercial trading bridges in Laredo, the World Trade and Columbia Bridges.”
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