AMARCO ACQUIRES 9,012 SQUARE FOOTAGE OF INDUSTRIAL BUILDINGS IN MIDLAND, TEXAS
MIDLAND, TEXAS, OCTOBER 15th, 2024 – AMAR Companies, Inc. “AMARCO” is pleased to announce a strategic addition to our growing portfolio in the Midland/Odessa area. Located at 2540 W Cole St, Midland, TX 79763, this property encompasses 9,012 square feet of industrial space on a 2.08-acre lot, conveniently situated right off Interstate 20 for easy highway access. Constructed in 2013 with an expansion completed in 2016, the facility features a durable steel frame, metal roof, and metal sides.
The layout is thoughtfully designed to provide a balanced combination of office and warehouse areas, complemented by four grade-level doors for efficient access. Additionally, the property includes a house with a new roof, ideal for accommodating overnight stays to support operational needs. Currently vacant, we aim to position the property in the leasing market, targeting a creditworthy tenant for a long-term NNN lease. This acquisition not only strengthens our presence in the region but also offers significant potential for revenue growth and investment appreciation.
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.