2230 E MURPHY ST

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Acquisitions

April 3, 2024

AMARCO ACQUIRES 4,980 SQUARE FOOTAGE OF INDUSTRIAL BUILDING IN ODESSA, TEXAS

ODESSA, TEXAS, APRIL 3rd 2024 – AMARCO acquires its second industrial property in the Midland-Odessa market located at 2230 E Murphy St, Odessa, Texas 79761. Spanning 4,980 square feet and built in 1981 on a 0.43-acre lot, this facility is proximate to Interstate 20, making it an ideal choice for businesses requiring access to the main arteries within the Midland-Odessa market. The property features two dock-high doors, one grade-level door, and a 16-foot clear height, enhancing operational flexibility and efficiency.

This acquisition aligns with AMARCO’ strategic vision of growth across the Midland-Odessa market. The property’s strategic location, combined with its functional features, positions it as an attractive prospect for businesses seeking a strategic operational base in Odessa’s dynamic market. AMARCO continues to leverage opportunities for growth and investment, navigating the evolving real estate landscape to maximize returns and drive success 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 a 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.