AMARCO ACQUIRES 7,150 SQUARE FOOTAGE OF INDUSTRIAL BUILDING IN MIDLAND, TEXAS
MIDLAND, TEXAS, MAY 30th 2024 – AMAR Companies, Inc. “AMARCO” is thrilled to reveal yet another addition to our expanding portfolio in the Midland/Odessa area. Located at 6419 S County Rd 1273 in Midland and built in 2019, this property features a modern metal frame and roof construction, spanning 7,150 square feet and situated on a 1.372-acres. Furthermore, the property includes solar panels on the roof and a second-story apartment for over-night workers. The property was acquired through a sale-leaseback which offers us immediate cashflow and allows the seller to free built-up equity and re-deploy it towards their business.
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.