LAREDO, TEXAS – Harbor Capital, a Texas-based real estate investment firm focused on acquiring and operating high-quality industrial assets in Texas, announced today the acquisition of 1820 Aguila Azteca Drive, a 108,248-square-foot Class B distribution facility located in Laredo, Texas. The transaction marks a strategic expansion of Harbor Capital’s industrial investment platform into one of North America’s most important cross-border logistics markets.
Originally constructed in 1999 and situated on over 17 acres, the property features 20 dock-high doors, two grade-level doors, 24’ clear height, and more than six acres of industrial outdoor storage (IOS). The building was acquired vacant with a tenant in tow, allowing Harbor Capital to immediately execute a lease-up strategy and targeted capital improvements tailored to last-mile, distribution, and freight-forwarding users.
This acquisition represents Harbor Capital’s first investment in Laredo, reaffirming the firm’s conviction in the market’s long-term value as a logistics and trade gateway. Laredo processes more than $25 billion in monthly trade volume, accounting for nearly 60% of total U.S.–Mexico land trade. The property’s location near major border crossings and key highway infrastructure makes it well-positioned to capture growing demand from third-party logistics (3PL) and transportation firms seeking efficient cross-dock or IOS-enabled facilities.
Harbor Capital acquired the property off-market with the support of local broker Edward “Lalo” Villareal of South Texas Commercial and Rob Ellwood of Transwestern.
“This acquisition fits perfectly into our broader strategy of targeting value-add infill industrial assets with real operational upside,” said Will Ghiselli, Acquisitions at Harbor Capital. “Laredo remains a core market for us due to its unmatched trade volume, tenant demand, and the continued momentum from nearshoring.”
Stream Property Management Services has been engaged to manage the property. For leasing or sale inquiries, please contact Edward “Lalo” Villareal at South Texas Commercial.