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Taurus buys the truck queue outside Laredo's World Trade Bridge

Eight fully leased shallow-bay buildings two miles from the World Trade Bridge put Taurus into a rent story underwritten by 15,000 to 18,000 trucks a day.

At a glance

  1. Tenants who take this kind of space—customs brokers, freight forwarders, third-party logistics operators, warehousing and drayage companies, cold storage users—are paid on throughput, and throughput is a function of how fast a rig clears the crossing and gets back onto I-35.
  2. What Taurus bought is stabilized income with the upside parked at renewal and the risk concentrated in the same place: a small roster of logistics tenants whose margins swing with customs volumes and freight rates, in a market whose demand is set by trade policy neither landlord nor tenant controls.
  3. The lease schedule will settle it.

Taurus Investment Holdings has acquired Crossroads Business Park, an eight-building, 412,871-square-foot industrial portfolio in Laredo, Texas, fully leased at the time of the deal, and neither the seller nor the price is disclosed, which leaves the configuration as the most useful fact: shallow-bay buildings averaging roughly 50,000 square feet, sitting about two miles from the World Trade Bridge with direct access to Interstate 35.

Laredo, per the report, is the leading inland port on the U.S.-Mexico border, handling about 40% of trade between the two countries and processing some $355 billion of imports and exports in 2025, third among U.S. ports of entry by total trade value, and the World Trade Bridge alone moves an estimated 15,000 to 18,000 trucks a day.

Tenants who take this kind of space—customs brokers, freight forwarders, third-party logistics operators, warehousing and drayage companies, cold storage users—are paid on throughput, and throughput is a function of how fast a rig clears the crossing and gets back onto I-35. A dock close to the queue is worth more to those tenants than a newer box ten miles out, so the rent argument here runs on truck volume rather than on the national industrial market.

The shallow-bay sizing works the same way: at roughly 50,000 square feet a building, the park is configured for dedicated-dock occupancy rather than a long multi-tenant roster, which matches the cross-border logistics users the report describes, and eight buildings at full occupancy mean there is little vacancy to lease up—this is not a repositioning play with an obvious fix.

What Taurus bought is stabilized income with the upside parked at renewal and the risk concentrated in the same place: a small roster of logistics tenants whose margins swing with customs volumes and freight rates, in a market whose demand is set by trade policy neither landlord nor tenant controls. Border industrial has cleared at strong pricing for several years, and this portfolio's rents will be tested at rollover rather than at acquisition.

The lease schedule will settle it. The report does not disclose what Taurus paid, which matters more in a fully leased asset than in most industrial trades: with nothing to fix, the return is the spread between the purchase price and a rent roll that only moves when leases turn.

Reported by the Deals desk from Connect CRE. Published . Corrections

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