AMARCO ACQUIRES 7,812 SQUARE FOOTAGE OF INDUSTRIAL BUILDING IN ODESSA, TEXAS
ODESSA, TEXAS, JULY 22nd, 2024 – AMAR Companies, Inc. “AMARCO” is pleased to announce yet another acquisition of an industrial property located at 11317 W County Road 128 in Odessa, TX. Built in 1982, this property spans 1.05 acres with multiple cranes, grade level doors, and easy access to major thoroughfares.
This strategic acquisition underscores AMARCO’s commitment to expanding its footprint in Odessa’s industrial landscape. The property’s strategic location and existing sale-leaseback arrangement ensure immediate revenue generation, while also allowing the seller to unlock equity for reinvestment into their central business operations. AMARCO remains steadfast in its strategic growth and investment approach, capitalizing on opportunities to enhance its presence and profitability in key markets.
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.