AMARCO ACQUIRES 15,300 SQUARE FEET OF INDUSTRIAL BUILDING IN WYLIE, TEXAS
WYLIE, TEXAS, AUGUST 14TH, 2024 – Through its acquisition fund, CPIV Fund I, AMARCO has acquired a 15,300-square-foot multi-tenant industrial property located at 101 Kristen Court in Wylie, TX. The building, constructed in 1994 with a combination of masonry and metal, is situated on a 0.99-acre lot and features seven grade-level doors.
Currently 60% occupied under NNN leases, this property offers a strong foundation for potential income growth and stability. The building’s design and layout cater well to a variety of industrial uses, providing flexibility for future tenants. Positioned in a developing area with convenient access to major highways, 101 Kristen Court is strategically placed to benefit from ongoing regional growth. We are confident that this acquisition will further enhance our investment portfolio and yield significant returns as we continue to expand our presence in our target markets.
About AMAR Companies, Inc.
AMARCO is an industrial real estate holding company that specializes in refining the art of acquisition, renovation, leasing, and property management to deliver a superior leasing experience, and deliver above-market returns to our investors. AMARCO targets the acquisition of single-tenant and multi-tenant industrial assets at below replacement cost, located in infill markets. To learn more about our growing portfolio, please visit www.amarco.com. For leasing inquiries or questions about the property, please contact pm@amarco.com.