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LAREDO, TEXAS — A partnership between Realterm, a Maryland-based investment manager focused on the transportation industry, and Chicago-based Stotan Industrial has broken ground on a 25.8-acre industrial outdoor storage (IOS) facility in the Rio Grande Valley city of Laredo. The site will have a 19,710-square-foot maintenance building with seven drive-thru bays and one drive-in bay, as well as a 2,250-square-foot office space that is expandable to 3,375 square feet. Construction is slated for a mid-2026 completion.