Taurus Investment Holdings Acquires 412,871-SF Shallow-Bay Industrial Portfolio in Laredo, Texas

Taurus Investment Holdings has acquired Crossroads Business Park, a fully leased, eight-building shallow-bay industrial portfolio totaling 412,871 square feet in Laredo, Texas, the firm announced Sept. 10, 2026. The acquisition marks the global real estate investment and development firm's entry into the Laredo market, positioning it near one of the busiest commercial border crossings in North America.

Portfolio Overview and Location

Crossroads Business Park comprises eight shallow-bay industrial buildings averaging more than 50,000 square feet each. The portfolio sits approximately two miles from the World Trade Bridge and carries direct access to Interstate 35, placing it at the center of Laredo's cross-border logistics corridor. Tenants at the park include operators in customs brokerage, freight forwarding, third-party logistics, warehousing, drayage, and cold storage — user categories that depend on proximity to the U.S.-Mexico border for time-sensitive operations.

Taurus will partner with an established Texas-based operating partner to manage day-to-day operations of the portfolio, the firm said. All eight buildings are currently fully leased.

Executives Cite Durable Demand Drivers

"Crossroads represents the type of differentiated opportunity we seek: mission-critical industrial real estate in an irreplaceable infill location, with a format specifically tailored to the needs of its users," said Peter A. Merrigan, Chief Executive Officer of Taurus. "The acquisition reflects Taurus' disciplined approach to investing in markets supported by durable demand drivers and expands our industrial portfolio into a critical gateway for North American trade."

Bill Garey, Chief Investment Officer of Taurus, echoed that view, pointing to structural trade trends as a long-term tailwind. "Crossroads is a compelling addition to our industrial portfolio, benefiting from a location that is difficult to replicate for the type of users it serves," Garey said. "As supply-chain reconfiguration and nearshoring continue to drive U.S.-Mexico trade, we believe Laredo is well positioned to benefit from the long-term growth of cross-border commerce."

Laredo's Role in U.S.-Mexico Trade

Laredo functions as the leading inland port on the U.S.-Mexico border, handling roughly 40% of trade between the two countries. In 2025, the city processed approximately $355 billion in imports and exports, ranking third among all U.S. ports of entry by total trade value. The World Trade Bridge, Laredo's primary commercial crossing, processes an estimated 15,000 to 18,000 trucks daily, sustaining demand for nearby logistics and industrial facilities.

The broader Laredo industrial market carries a vacancy rate of approximately 22.2%, with average asking rents near $10.11 per square foot and year-over-year rent growth of roughly 2.8%. Industrial cap rates in the market average around 7.82%. Against that backdrop, Taurus's acquisition of a fully leased, border-adjacent asset cluster reflects a strategy centered on building functionality and location specificity rather than broader market conditions.

Market Implications

The Crossroads Business Park deal signals continued institutional interest in shallow-bay industrial product near the U.S.-Mexico border, even as overall Laredo industrial vacancy remains elevated. The shallow-bay format — averaging more than 50,000 square feet per building — serves a distinct segment of cross-border logistics operators that prioritize dedicated facilities with immediate access to the border crossing, a user profile that differs from the larger-bay distribution tenants that dominate many Sun Belt industrial markets.

Sources: Taurus Investment Holdings press release, Sept. 10, 2026