AMARCO ACQUIRES 20,980 SQUARE FEET OF INDUSTRIAL BUILDINGS IN HOUSTON, TEXAS
HOUSTON, TEXAS, September 11, 2023 – Through its acquisition fund, CPIV Fund I, AMARCO has acquired 20,980-square-foot industrial buildings located at 11918 Adel Rd Houston, TX 77067. The metal buildings with structural masonry are 100% leased to one tenant.
The buildings were constructed in 1989 and sit on 1.67 acres. The property features a fully operational 10-ton bridge crane, making it an excellent fit for tenants in the manufacturing sector. 11918 Adel Rd resides in a rapidly growing industrial area, positioned in a prime location with convenient access to major highways. We are excited about this property’s potential for substantial growth and return on investment, further bolstering our investment portfolio with strategic acquisitions in infill markets across the Houston market.
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. Interested in investing with us? Contact ir@amarco.com.