AMARCO ACQUIRES 14,325 SQUARE FOOTAGE OF INDUSTRIAL BUILDING IN ODESSA, TEXAS
ODESSA, TEXAS, JULY 22nd, 2024 – AMAR Companies, Inc. “AMARCO” is pleased to announce our latest acquisition in Odessa, Texas. Situated at 11316 W County Road 128, the subject property spans 3 acres and a 14,325 square-foot building. Structured as a sale-leaseback, this strategic move enhances our investment portfolio while facilitating immediate revenue generation. It also empowers the seller to unlock built-up equity, which can be reinvested into their core business operations. This acquisition underscores AMARCO’s commitment to expanding its footprint in key markets, further solidifying our dedication to strategic growth and investment excellence.
About AMAR Companies, Inc.
AMARCO is an industrial real estate holding company specializing in refining the art of acquisition, renovation, leasing, and property management to deliver superior leasing experience and 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.