AMARCO ACQUIRES 9,952 SQUARE FOOTAGE INDUSTRIAL BUILDING IN HOUSTON, TEXAS
HOUSTON, TEXAS, DECEMBER 4TH 2023 –Through a 1031-exchange, AMARCO has acquired a 9,952 square-foot industrial building located at 9130 Meadow Vista Boulevard, Houston, TX 77064. The concrete slab foundation with structural metal and concrete frame building is 100% leased to one tenant.
The building was constructed in 1981 and sits on 0.65 acres. The property is currently leased to one tenant, but may be suitable to two tenants in the long-term. 9130 Meadow Vista is located in a prime location with easy access to major highways and is situated in a growing industrial area. We believe this property has the potential for significant growth and a considerable return on investment. Our investment portfolio continues to expand with the purchase of assets located in infill markets throughout the Houston area.
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.