Odessa
Odessa Economy: “Moving into 2018 with Considerable Growth Momentum”
The Odessa Economic Index for December 2017 reported another monthly increase, ending the year at 114.9. The result is an… Read more
Activity Continues Boosting Odessa Economics
The Odessa (TX) Economic Index ended up with another strong increase in November 2017, increasing to 213.0 from 2010.1 in… Read more
OEI: Odessa Still Running on All Cylinders
Though not quite near its high point of 231.7 reached in January 2015, the Odessa Economic Index (OEI), continued expanding… Read more
Weir Oil Breaks Ground on $30M Service Center
Weir Oil and Gas broke ground on a $30 million facility, situated on 20 acres of the David Mimms Business… Read more
Odessa Economic Index Keeps on Climbing
The Odessa, TX Economic Index increased to 207.2 in September 2017, up from the 203.9 reported in August 2017, and… Read more
Altitude Trampoline Enters Odessa with 24K-SF Buy
Altitude Trampoline Park has planted its flag in Odessa, TX, with the acquisition of a free-standing, 24,000-square-foot building that once… Read more
Latest Cinergy Breaks Ground in Amarillo
Cinergy Entertainment Group Inc., which owns and operates three entertainment centers in Odessa, Midland and Copperas Cove, TX, has broken… Read more
Odessa Economics: The OEI Continues Climbing
The Odessa (TX) Economic Index (OEI) continued its climb in August 2017, improving to 204 from its July metric of… Read more
Odessa: From Difficult Recovery to Hot Streak
A little more than a year ago, it was reported that the June 2016 economic index for Odessa, TX continued… Read more
Permian Basin Employment Continues Stable, Unemployment Falls
Permian Basin employment grew at a 2.3% annualized rate as of June 2017, while unemployment dropped to 3.8%, according to… Read more
$36M Refi Arranged for Retail Portfolio
A TIC ownership refinancing to the tune of $35.8 million was arranged for a seven-property portfolio. The retail properties, mainly… Read more
Odessa Economic Index: Higher and Higher
The Odessa Economic Index for May 2017 stood at 194.5, the seventh straight month of increases, according to data from… Read more
Gas-Fired Power Plant to Trade for $350M
Vistra Energy will be acquiring an Odessa, TX-based, gas-fired power plant for $350 million in a cash deal from Odessa… Read more
Councilwoman to Odessa: Renovation Costs Too Much
Barbara Graff, Odessa, TX’s District 3 Councilwoman, indicated that costs for downtown Odessa’s Ector Theatre’s remodel are too high. Recent… Read more
300 Units Sell to Florida Buyer
A&R Management LLC acquired Faudree Ranch, a 300-unit, Class A apartment complex in Odessa, TX. The Florida-based investor acquired the… Read more
Construction Begins on Odessa Marriott Hotel & Conference Center
Approximately two and one-half years after the idea of a convention center and hotel was introduced, the city of Odessa,… Read more
Odessa Economic Index on the Rise
A continually improving regional oil and gas economy added to the increase of Odessa’s Economic Index (OEI), which stood at… Read more
Odessa Mulling Apartments, Retail
City officials in Odessa, TX are considering a downtown development of apartments and retail that would span approximately 2.5 city… Read more
Some Good News for Smaller Texas Metros
Discussions about the Texas economy focus mainly on the top five metros in the state. But the state’s smaller metropolitan… Read more