Odessa
Tredway Takes on 16 Texas Rental Communities
Tredway closed on a $65.5 million 16-property portfolio across Texas, totaling more than 1,200 apartments. The transaction involves the acquisition… Read more
Texas Data Center Developer Building What Could Be Largest Facility
Pacifico Energy can start work on a data center in West Texas. The Dallas Business Journal reports that the company… Read more
Developer Duo Eyeing Odessa for 1 GW Data Center
New Era Helium announced that Texas Critical Data Centers LLC (“TCDC”), its 50/50 joint venture with Sharon AI, has closed… Read more
Permian Basin in Running for 4 Power Plants
If you live in West Texas, you know it takes power to make power. The State of Texas is considering… Read more
Energy Company Building $50M Odessa Facility
Liberty Energy recently broke ground on their new $50 million facility. Liberty has a fleet of highly specialized vehicles where… Read more
Midland Site for Industrial Sale, Leaseback
A multi-building, 50,000 square foot industrial/flex property in Midland, TX traded hands in a $10 mil sale/leaseback deal. Built in… Read more
NET Power To Install First Texas Near-Zero Emissions Power Plant
We’ve come a long way from the days when we used to see a plume of smoke coming from the… Read more
Odessa Power Center Sells to Fidelis
Dallas-based brokerage firm Disney Investment Group has arranged the sale of Chimney Rock, a 294,431-square-foot retail power center located in… Read more
Odessa Hotel Receives $5.3 Million Bridge Loan
A Hilton Garden Inn received financing of $5.3 million for a 12-month term of 8%. Avatar Financial Group provided the… Read more
Betenbough Companies to Build Lubbock Ops Center
The company has started construction on an $18 million facility to house their myriad businesses. Starting in 1992, the father-son… Read more
Lee & Associates DFW Negotiates 65,812 SF Industrial Lease in Fort Worth, TX
Lee & Associates Dallas/Fort Worth (DFW) has negotiated the industrial lease of a 65,814-square-foot property at 4395 Diplomacy Road, Fort… Read more
TX Adds Medical Personnel, Launches More COVID Infusion Centers
Texas Department of State Health Services (DSHS) and the Texas Division of Emergency Management (TDEM) will deploy additional medical personnel… Read more
Medical Center Hospital of Odessa Becomes Joint Owner of Rehab
Medical Center Hospital of Odessa has become a joint owner of Encompass Health Rehabilitation Hospital of Midland Odessa, an 80-bed… Read more
LSE Crane Generates Capital to Invest Back Into its Business
LSE Crane & Transportation recently finalized the sale and leaseback of an outdoor storage industrial asset in Odessa. The tenant… Read more
Fully Leased Winwood Town Center Gets New Owner
Winwood Town Center, a fully leased 365,559-square-foot regional shopping center anchored by Target and H-E-B in the west Texas community… Read more
Construction Sector Faces Employment Challenges Amid Broader Recovery
In two separate announcements earlier this month, the Associated General Contractors of America (AGC) reported recovery-driven declines in construction-related employment.… Read more
Brady Station Locks in $18.5M in HUD Financing
HUD financing of $18.56 million was recently secured for Brady Station Apartments, a 262-unit market-rate apartment complex located in Odessa.… Read more
Odessa Economic Index Continues in State of Decline
The Odessa Economic Index (OEI) declined once again in November 2020, falling to 216.5 for the month, down from 219.2… Read more