Archway Properties is breaking ground on a 28,222-square-foot turnkey build-to-suit for TEAM Inc. at Leeco Industrial Park in Odessa. The tenant is an integrated, digitally-enabled asset performance assurance and optimization solutions company seeking to establish a brick-and-mortar presence in the Permian Basin.
The Houston-based developer and TEAM have signed a long-term lease for the project, which will deliver in early December. The Odessa facility will feature a 7,000-square-foot office for the firm’s engineers and technicians, plus 21,222 square feet of warehouse and light manufacturing space.
“TEAM needed a facility in the Midland-Odessa area to service its pipeline integrity and maintenance customer base in the Permian Basin,” says Ben Allen, an Archway Properties partner.
Archway Properties has allowed for future expansion when the tenant is ready. The single-story office/warehouse and storage yard will encompass 3.5 of the available 5.2 acres, building in room to grow as needed.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).