AMARCO ACQUIRES 15,549 SQUARE FEET OF INDUSTRIAL BUILDING IN MIDLAND, TEXAS
MIDLAND, TEXAS, OCTOBER 8th, 2024 – AMAR Companies, Inc. “AMARCO” is proud to announce another strategic addition to our growing portfolio in the Midland/Odessa area. Located at 6700 E I-20, this property spans 15,549 square feet of industrial building on a 5-acre lot, constructed between 1980 and 2013. The facility features a strong steel frame, metal roof, metal sides, and an appealing street-facing stone façade. Its layout provides an optimal balance of office and warehouse areas, complete with four grade-level doors and a drive in wash bay. Currently leased to a single tenant on a month-to-month basis, we intend to bring this property to market once the tenant vacates. This acquisition reinforces our presence in the region, delivering strategic value through its thoughtful design and leasing arrangement.
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.