Thor Equities sells industrial facility in Laredo, Texas with 180% internal rate of return

From “GlobeNewswire”: 2024-10-15 14:13:00

Thor Equities Group has announced the sale of a premier industrial facility in Laredo, Texas, achieving an impressive 180% internal rate of return. The facility, acquired in May 2024, features 30-foot clear heights, office space, docks, trailer stalls, and parking. With a lease negotiated with EELCO, a US Customs Broker, Laredo’s strategic location has facilitated $25 billion in trade per month. Thor Equities’ recent activity includes acquisitions in New Jersey and Mexico, including a 270-acre industrial property in the Greater Atlanta metro area. Thor Equities is a global leader in real estate development with a property portfolio totaling $20 billion.



Read more at “GlobeNewswire”: Thor Equities Achieves Major Milestone in Cross-Border