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Interactive Op-Ed · February 2026

Building on Trade

Laredo's Billion-Dollar Industrial Moment

201836MSF
+25M SF in 8 years70% growth
202661MSF
$1B+invested
59industrial parks
20,000trucks daily

The Transformation

Between 2018 and 2026, Laredo's industrial footprint grew by nearly 70%, and the city's tax base grew with it.

2025
Industrial Footprint
36M SF 2018 baseline61M SF +70% since 2018up from 36M in 2018
City Tax Levy
$67.6M 2013 baseline$137.4M +103% in 12 yearsup from $67.6M in 2013

Published endpoints only: the levy from 2013 to 2025, the footprint from 2018 to 2026

2020

USMCA takes effect, reshoring incentives accelerate

2022

Site selectors shift to border markets: lots projected to sell in 3 years move in 8 months

2023

11.3M SF under construction across the corridor

2024

Tax acceleration begins, industrial construction hits the rolls

2025

$137.4M, more than double the 2013 levy

Mile Marker 13

Mile Marker 13

The FM 1472 and I-35 corridor in North Laredo accounts for approximately 36% of the city's total industrial inventory across four major parks.

22Msquare feet
36%of total Laredo market
MEXICONuevo Laredo, TamaulipasFM 1472 / MINES ROADI-35 → San AntonioKillam IndustrialPinnacleMillenniumUnitecNLIPPremierSapphirePan AmericanIntl Trade CtrLa BarrancaWorld Trade Bridge (IV)Colombia-Solidarity Bridge~5 milesN
NLIPKillam / PinnacleOther parks

Square area proportional to built SF

North Laredo Industrial Park

NLIP

One of the largest development platforms in the Mile Marker 13 corridor, with 1,386 acres and the corridor's most active construction pipeline.

9.1M SFTotal portfolio
1,386Acres
5.6M SFUnder construction

Broader NW Corridor

Five additional parks along I-35 and FM 1472 complement the MM13 core zone.

Killam Industrial6.0M SF72 bldgs
Pinnacle Industry Center5.7M SF33 bldgs
Premier Industrial Park1.1M SF6 bldgs
Millennium Industrial0.8M SF23 bldgs
Sapphire Industrial0.6M SF6 bldgs

Mile Marker 13: Core Zone Composition

NLIP
Unitec
Hachar
Port Grande
NLIP: 9.1M SF (42%)Unitec: 4.4M SF (21%)Hachar: 4.4M SF (20%)Port Grande: 3.5M SF (16%)

National developers, family offices, and institutional joint ventures have committed over $1 billion across the corridor.

11.3M SFunder construction citywide
247%pipeline increase since mid-2024
Where Laredo Sits in the Market Cycle

Post-construction vacancy is a normal phase in fast-growing industrial markets. Peer logistics markets across the Sun Belt are experiencing similar absorption cycles after record construction waves.

national average
INLAND EMPIRE, CA7.5%normalizing
LAREDO←11.5%absorbing
NATIONAL AVG6.7%baseline
0%6%12%18%

Laredo's 11.5% industrial vacancy reflects a market absorbing new supply, the same cycle the Inland Empire went through, normalizing to 7–8% after its construction wave. This is a normal post-construction absorption cycle, not a structural problem.

Laredo's current vacancy reflects a market absorbing new supply. The Inland Empire, which hit record-low vacancy during the pandemic boom, has since normalized to the 7–8% range as new supply entered the market. Laredo is now following the same pattern. Much of the available inventory consists of 300,000–400,000+ SF buildings designed for institutional tenants.

Vacancy data from CoStar, Cushman & Wakefield, and CBRE market reports, Q3–Q4 2025.

40%of all U.S.–Mexico trade flows through this corridor
20Kdaily commercial truck crossings
#1inland port by container-equivalent throughput
The First-Touch Advantage

Current Model

4stops
~600 midistance
2–3 daystimeline

First-Touch Model

2stops
Directdistance
Same daytimeline
CURRENT MODELFIRST-TOUCH MODELMEXICOManufacturingLAREDOCross border only~250 miSAN ANTONIO / DALLASSort & redistributeTXMWSE4 stops · ~600 mi avg · 2–3 daysMEXICOManufacturingLAREDOCross, sort & distributeTXMWSE2 stops · direct from gateway

The infrastructure that private capital has built makes a different logistics model operationally possible.

What the market needs now
01

Workforce Development

Training programs aligned with institutional logistics operations, warehousing technology, and supply chain management.

02

Multimodal Connectivity

Rail, highway, and port-of-entry investments that support the volume and velocity of modern supply chains.

03

Permitting & Regulatory Environment

Streamlined processes that attract institutional tenants and enable rapid deployment of new logistics operations.

The private sector built the foundation.
The opportunity now belongs to the entire community.

About the Author

Dr. Daniel Covarrubias is the Director of the Texas Center for Border Economic and Enterprise Development at the A.R. Sanchez, Jr. School of Business, Texas A&M International University. His research focuses on cross-border trade, logistics innovation, and North American economic integration.

dcova@tamiu.edu

Market data as of Q4 2025. Tax levy data from City of Laredo ACFR and adopted budget ordinances. Trade data from Port Laredo / U.S. Census Bureau. Park-level square footage from developer disclosures and public filings.