LAREDO, Texas - Realterm, a global investment management firm specializing in transportation, announced the acquisition of an industrial outdoor storage facility at 14610 Mines Road, in Laredo.
The property spans 40 acres and is fully secured with two access points. Approximately 25.3 acres are paved with concrete and include a 22,250-square-foot check-in facility, a 6,800-square-foot office building and a 3,000-square-foot wash bay.
The paved portion of the site is leased to Heartland Express, a truckload transportation carrier that provides dry van and temperature-controlled freight services across North America. The remaining acreage is available for potential uses, including overflow trailer parking or future development as a maintenance facility or truck terminal.
Ed Brickley, managing director and senior fund manager at Realterm, said the acquisition aligns with the company's continued investment in Laredo and its role in cross-border freight movement.
“Laredo is one of the most important freight gateways in the world, and we have continued strengthening our presence there,” Brickley said. “This acquisition reflects our conviction that assets serving high-volume cross-border trade corridors will continue to perform because of their critical attributes.”
According to fourth-quarter 2025 data from the Texas Comptroller of Public Accounts, Port Laredo ranked first among U.S. ports for total trade activity, with more than $339.5 billion in commodities moving through the South Texas port of entry.
Brennan Cascarano, who works in investments at Realterm, spoke about the site's location.
“This site is exceptionally well-positioned giving its unmatched connectivity to the U.S.-Mexico border and the broader market,” Cascarano said. “The in-place improvements represent exactly the kind of functional, operator-ready infrastructure that tenants in this market demand. Combined with meaningful acreage still available for development, the asset has a strong foundation and real room to grow.”
