
Wed Sep 18 14:30:00 UTC 2024: ## ARCO Design/Build Breaks Ground on Speculative Industrial Facility in Laredo, Texas
**LAREDO, TEXAS** – ARCO Design/Build, a leading national design-build firm, has broken ground on a 236,693-square-foot speculative industrial facility in Laredo, Texas. Developed in partnership with Alliance Industrial Company and Realterm, the project aims to capitalize on the growing demand for logistics facilities within the crucial U.S.-Mexico trade corridor.
The facility will feature a rear-load concrete tilt-wall warehouse with a 32-foot clear height, 50 dock-high loading positions, and 190 trailer parking spaces. Designed to enhance logistics efficiency, particularly for cross-border trade, the facility is expected to be complete by summer 2025.
“We’re excited to start our first project in Laredo, a city rapidly emerging as a key center for cross-border logistics,” said John Atcheson, President of ARCO Design/Build Houston and Salt Lake City. “This project underscores our commitment to delivering high-quality industrial spaces that cater to evolving market needs.”
Alliance Industrial Company, a privately owned, vertically integrated industrial real estate firm, is also enthusiastic about the project. “We are bullish on the nearshoring trend occurring along the Texas border as companies continue to realign their supply chains,” commented Andrew Peeples, Director at Alliance Industrial Company. “The major infrastructure investments Laredo is making ensures leasing activity will remain robust, and we believe the market has a long runway of continued growth for cross-border logistics assets.”
Realterm, an independent global investment manager focused on the transportation industry, has been actively investing in the Laredo market for over a decade. “We are excited to partner with Alliance Industrial and ARCO on this ground-up development project in this burgeoning market,” added Joe Noon, Head of U.S. Development for Realterm.
ARCO’s design-build approach, which integrates design and construction processes under a single contract, allows for greater flexibility to meet potential tenants’ needs while maintaining cost-effectiveness and speed of delivery. The facility is anticipated to boost trade efficiency, create jobs, and reinforce Laredo’s role as a pivotal logistics hub, contributing to the region’s long-term growth.