Frost Bank Tower 508 W Wall St

Set up operations in a high-identity workplace as Midland continues to rise and become the predominant city in the Permian Basin. Frost Bank Tower, located at 508 Wall Street in Downtown Midland, offers tenants the opportunity to make a bold statement in the market by leasing one of its premium spaces. The building derives its name from Frost Banks's large footprint in the building and the convenient branch in the lobby. Its spaces have all been kept in excellent condition and sport modern finishes. Access is simple via ample surface parking, a parking garage, and a central location in downtown. The Midland office market is largely driven by white-collar work supporting the oil and gas industry. By the start of summer 2024, the local vacancy rate was 610 basis points below the national average and compressed 230 basis points over the previous year, underpinning the demand for office space. Some notable tenants with operations in Midland include Chevron, ConocoPhillips, Oxy, N3P Investments, Ovintiv, and more. Frost Bank Tower holds one of the most desirable positions for office space in the market as it sits across from The Petroleum Club, and workers can walk to dozens of amenities. As one of the most recognizable and well-appointed buildings in Midland, Frost Bank Tower is the premier place to establish an office presence in the market.