Midland Office Portfolio

The Midland Office Portfolio (the “Property"), comprises five strategically positioned office properties, collectively spanning 728,203 square feet. Three of these towers are conveniently situated on Wall Street within the central business district, while the remaining two properties grace the northern edge of downtown. Together, these properties rest on a generous 10.05 acres of land.
With a current occupancy rate of 60.29%, the investment provides an investor a unique opportunity to substantially increase the value by brining the properties to the Midland CBD occupancy rate of 84%. The portfolio consistently attracts strong lease inquiries. Boasting a diverse tenant mix of both local and national professional tenants, the properties extend beyond the traditional oil, gas, and mineral sectors, encompassing investment firms, real estate groups, law practices, financial institutions, and government agencies.
Midland, Texas is located in the heart of West Texas. The city is marked by its transformative growth and a flourishing investment landscape. The city owes its prosperity, notably its thriving oil and gas industry, business-friendly policies, and strategic initiatives aimed at diversifying its economic portfolio. Midland's geographical advantage within the Permian Basin, a global oil-producing powerhouse, makes it a prime destination for businesses and investors seeking promising opportunities. Its rich natural resources and strategic location continue to attract a plethora of ventures, fostering an environment ripe for economic development and wealth creation. The Permian Basin now accounts for over 40% of the U.S. oil production and 20% of natural gas production in the Nation.
Additionally, Midland has witnessed a surge in sectors beyond the energy sector. Investments in technology, healthcare, education, and renewable energy have propelled the city into new realms of economic possibility. These emerging sectors not only diversity the economy but also create avenues for employment and skill development, ensuring a sustainable and inclusive growth trajectory.