Industrial Acquisition Update: 813 Nafta Boulevard
AKRE Partners, LLC and Sunwest Real Estate Group today announced the acquisition of 813 Nafta Boulevard, a vacant 49,840-square-foot small-bay industrial warehouse located within Milo Distribution Center, one of Laredo’s premier logistics submarkets. The property was acquired off-market.
Built in 2003, 813 Nafta sits on 3.6 acres. Designed to serve logistics and customs brokerage tenants, the concrete-tilt facility features 20 dock-high doors, three drive-in doors, 33 trailer parking stalls and a 180-foot truck court. Alfonso Jasso with Forum CRE will serve as the leasing agent on behalf of AKRE and Sunwest.
“Laredo’s small-bay industrial segment remains profoundly undersupplied, with sub-2% vacancy and zero comparable spaces between 40,000 and 60,000 square-feet in the city’s top five submarkets,” said Nadav Kariv, Managing Partner of AKRE Partners, LLC.
Laredo is the largest inland port in the United States, handling more than 50% of all U.S.–Mexico trade and facilitating over three million truck crossings annually. Located approximately 140 miles from Monterrey, Mexico’s manufacturing capital, Laredo serves as a critical gateway in the nearshoring supply chain, with goods able to reach major U.S. markets within 48 to 72 hours.
“Small infill buildings like 813 Nafta are critically important for 3PLs, customs brokers and other logistics users in Laredo. The lack of supply of buildings in this size range has led to low vacancy rates and yielded substantial rental growth. Combined with virtually no new supply delivering in this size range, and you are left with excellent fundamentals for smallbay real estate in one of the most important trade markets in North America,” said Harry Ashforth, Managing Partner of AKRE Partners, LLC.
The acquisition collectively represents AKRE and Sunwest’s third industrial acquisition in Laredo in 2025. In November, AKRE and Sunwest acquired 13609 Archer, a nearly 37,000 square-foot small-bay warehouse in Laredo’s Killam Industrial Park. Earlier in the year, the partnership added North Commercial Industrial Park, a 36,000 square-foot small-bay industrial warehouse property in Dallas-Ft. Worth.
“With AKRE Partners, LLC, we have developed a unique and trusted partnership that has rapidly expanded our industrial real estate portfolio,” said Marc Grossfeld, Managing Principal of Sunwest Real Estate Group. Added Robert Clark, Sunwest Senior Vice President: “Given Laredo’s strong occupancy and rental growth as well as macro-level trade tailwinds, we are well positioned to execute our disciplined plan in one of the most strategically important logistics markets.”