Bankruptcy Sale: Southern District of Texas (McAllen). Petition No. 24-70155 | In re: Argentaria Real Estate, LLC.
Hilco Real Estate Sales announces a bid deadline of January 22, 2025, by 5:00 p.m. (CT). The final on-site inspection will be held on January 16 by appointment only.
9901 S. Keystone Drive offers the opportunity to acquire a state-of-the-art cold storage facility proximate to the Pharr- Reynosa International Bridge. This 39,390± SF concrete tilt-up cold storage facility is equipped with the latest cutting-edge technologies to maximize efficiency, quality, and value. The building comprises 5,306± SF of office space and 34,084± SF of warehouse space. Further supporting operations, the property is PrimusGFS and USDA Organic Certified. 9901 S. Keystone Drive is a high-quality building featuring nine multi-temperature rooms, 16 dock-high doors, 30-foot ceilings heights, and one dry ramp. The cutting-edge surveillance system of over 60 cameras keeps this fenced-in, 3.21-AC site secure.
Strategically located in Hidalgo County, the property is only two miles from the Pharr- Reynosa International Bridge, which represents the third-largest trade hub on the Texas-Mexico Border. The city of Pharr just broke ground on a $44 million expansion project, doubling the bridge’s capacity and increasing dry dock capabilities. According to the U.S. Census Bureau, in August 2024, the port facilitated $3.98 billion in imports and exports. The top import across the border, at $231.02 million, was fresh produce like avocados, dates, pineapples, berries, and more. In addition to agriculture, the local economy benefits from a diverse range of industries, including retail, wholesale trade, food processing, and international logistics. Pharr, a city within Hidalgo County, is a significant economic hub, particularly due to its strong retail sector.