Laredo Market Report
Laredo commercial real estate market report — 5,134,600 SF tracked across 12 buildings, 15 sale comparables, 89 lease comparables and 17 loans with 10 maturing before 2029.
Fundamentals by property type
| Property type | Buildings | Inventory SF | Vacancy | Avg asking rent | Rent YoY | Avg cap rate | Avg $/SF |
|---|---|---|---|---|---|---|---|
| Industrial | 9 | 4,591,700 | 22.2% | $10.11 | 2.8% | 7.82% | $363 |
| Office | 1 | 306,300 | 5.9% | $20.56 | 3.8% | 7.91% | $252 |
| Flex | 2 | 236,600 | 34.2% | $16.83 | 0.0% | 5.83% | $475 |
Recent sale comparables
| Date | Property | Type | Price | $/SF | Cap | Buyer |
|---|---|---|---|---|---|---|
| 2026-07-06 | 240 E Houston St | Industrial | $5.64M | $106.78 | 7.81% | Marlowe Family Office |
| 2026-04-11 | 1976 N Loop 1604 | Industrial | $72.8M | $63.90 | 9.18% | Silverline Holdings |
| 2026-02-08 | 984 Fannin St | Industrial | $32.07M | $90.07 | 5.82% | Brazos River Holdings |
| 2025-09-05 | 3080 W University Dr | Industrial | $15.38M | $81.35 | 7.20% | Redwood Property Trust |
| 2025-06-29 | 1976 N Loop 1604 | Industrial | $139.32M | $122.28 | 9.05% | Yellowstone Property Fund |
| 2023-11-08 | 2577 S Lamar Blvd | Industrial | $77.33M | $117.40 | 9.16% | Marlowe Family Office |
| 2022-04-25 | 1191 Broadway St | Industrial | $14.58M | $35.38 | 7.75% | Silverline Holdings |
| 2022-03-14 | 2577 S Lamar Blvd | Industrial | $62.63M | $95.08 | 8.09% | Oakridge Development |
| 2022-01-02 | 1239 Burnet Rd | Industrial | $15.48M | $70.26 | 5.52% | Greystone Holdings |
| 2021-09-18 | 3276 Andrews Hwy | Flex | $12.25M | $69.19 | 8.63% | Halcyon Property Trust |
| 2021-07-23 | 2619 Dallas Pkwy | Industrial | $94.32M | $78.96 | 7.19% | Uplands Realty |
| 2021-06-27 | 1239 Burnet Rd | Industrial | $24.7M | $112.09 | 8.09% | Hudson Gate Partners |
Debt and rollover exposure
17 loans totalling $1.11B are tracked against Laredo assets. 10 of them, representing $777.8M, mature before January 2029. Separately, 62 tracked leases covering 1,313,470 SF expire in the same window.
Weighted average coupon on tracked Laredo debt is 4.88% with average loan-to-value of 60.7%. See how to read a maturity schedule for the refinancing-gap method.
12 commercial properties are tracked in Laredo, representing 5,134,600 SF of rentable building area, of which 1,116,500 SF is currently marketed as available.
Asking rents average $13.42 per square foot per year, the median marketed suite is 64,900 SF, and listings have been on market a median of 657 days.
The stock splits 7 Class A, 4 Class B, 1 Class C, with construction dates from 1917 to 2024 (median 1986).
Methodology
Fundamentals are computed from RealStarGlobal's tracked inventory for Laredo and re-cut on each build (2026-08-26). Sale and lease comparables are the tracked transaction set for assets in this market; loan records derive from recorded mortgages and tracked lender reporting. Property-level inventory in this demonstration dataset is RealStarGlobal sample data — live market activity, deal flow and news come from the Acquirepad CRE intelligence feed. Registry and GIS provenance per jurisdiction is set out in the data sourcing plan. Definitions follow the conventions described in why providers disagree about submarkets.