AMARCO ACQUIRES 20,520 SQUARE FOOTAGE OF INDUSTRIAL BUILDINGS IN TEXAS CITY, TEXAS
TEXAS CITY, TEXAS, SEPTEMBER 11th 2024 – AMAR Companies, Inc. (“AMARCO”) is excited to announce the acquisition of its first industrial property in Galveston County, located at 950-1050 N Pine Road. Constructed between 2000 and 2001, this 4.35-acre property features seven industrial buildings with a total of 20,520 square feet. The site’s versatile design provides tenants with dedicated spaces within a well-integrated business park, where each building combines office and warehouse areas to accommodate diverse operational needs. Additionally, the property offers multiple grade-level doors and excellent highway access.
Currently fully leased, one unit will soon be available. Our strategy focuses on enhancing the property’s value through targeted lease adjustments and stabilization efforts.
This acquisition underscores AMARCO’s commitment to identifying and capitalizing on high-value investment opportunities throughout Texas. It reflects our proactive approach to adapting to industrial market trends and positions us for continued success in a dynamic economic landscape.
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.