Success Stories

  • Industrial/Flex Office

    ENTRADA BUSINESS CENTER, Midland (formerly Texas Instruments facility)

    • Acquired 200 acre site with 400,000 sf of manufacturing/flex office and warehouse for local developer.
    • Leased 93,000 sf to Texas Access Alliance for outsourcing of Texas Department of Health and Human Services; over 500 new jobs.
    • Leased 6,250 sf for day care center
    • Offering outparcels for office, industrial and highway commercial build to suit.

    3100 GARDEN CITY HWY, Midland (formerly Drilco site)

    • Acquired approx. 9 acres with over 85,000 sf of industrial facilities for user
    • Sale also included 4 pulling units and other assets of oilfield service company

    Chesapeake Regional Field Office, Midland

    • Acquired 12.5 acres at Rankin Hwy and Wolcott for Chesapeake

    350 Acres, INDUSTRIAL LAND, I-35W, Alliance, TX

    • In 2001, SCI and Ft. Worth broker syndicated 18 Midland investors for the acquisition and development of the only zoned land available on I-35W between SH 170 and Loop 820 with service road, signalized intersection and utilities that Ross Perot, Jr. didn’t own. The property was improved and sold in 2005. 4 Barnett Shale gas wells were successfully drilled on site as well.
  • Retail

    17 Acres, PARKS BELL RANCH, Odessa

    • Acquired SWC of SH 191 & Faudree Rd for development of big box and strip retail by local developer
    • Sold 4 acres to Dallas developer for development of Tractor Supply Store

    I-20 & RANKIN HWY, Midland

    • STARBUCK’S. Acquired old Phillips 66 site at NWC for local developer. Leased 1600 sf build to suit for Starbuck’s.
    • GATEWAY PLAZA. Acquired 4+ acres for local developer to build strip center with Cato’s, Dollar Tree, Western Beverages, EB Games, Domino’s, and McCallister’s Deli.
    • RANKIN CROSSING. WalMart shadow anchored strip retail.
      • Acquired block at NEC of Rankin and Longview for build to suit by Oklahoma developer.
      • Negotiated NNN lease with Advance Auto Parts.
      • Managed construction.
      • Sold to California investor.
      • Sold remainder of site to Discount Tire.
      • Acquired 2 additional blocks on Longview for local developer
      • Rezoned, abandoned streets and alleys, replatted and annexed
      • Sold .7 ac to Complex Community Credit Union
      • Sold 1.8 acres to Amarillo developer for full service 112 room Holiday Inn
      • Offering remainder for free standing or strip retail build to suit.

    ANDREWS CROSSING, MIdland

    • Acquired NEC of Andrews Hwy and Midkiff Rd with existing 20,000 sf building partially occupied by Advance Auto Parts.
    • Built new 7000 sf building for Advance
    • Demolished old 20,000 sf building
    • Built additional 13,000 sf of strip retail with Hollywood Video, Cash America, Quizno’s, and Complex Community Federal Credit Union

    GARFIELD PLAZA, Midland

    • Leased up and sold 37,000 sf center to California investor

    ACADEMY SPORTS AND OUTDOORS, Midland

    • Sold 7 acres to Academy for 61,000 sf store to initiate development at Wadley and Loop 250.
  • Office

    500 W. ILLINOIS, Midland (formerly the Pure Building)

    • 182,000 sf Class A office
    • In July, 2006, last employees of Pure moved out leaving 118,000 sf vacant
    • By end of 2006, leased over 100,000 sf back up; over 90% occupancy

    FASKEN CENTER, Midland

    • 425,000 sf Class A office
    • Sold property to local owner in 2005; 76% occupancy
    • Leased over 90,000 sf in one year; 97% occupancy

    DINERO PLAZA, Midland

    • Acquired this 121,000 sf Class A office building for Arizona investor.

    414 W. TEXAS & TRINITY PROFESSIONAL BUILDING

    • Sold the 38,000 sf Class B office building and the 25,000 sf medical office building to California investor
  • Multi-Family

    BLUEBONNET LAKES CONDOS, Baton Rouge, LA

    • Acquired last two units in first phase for local investor for tax credits under the IRS “GO ZONE” regulations. Go Zone regs allow 50% depreciation first year with no recapture. Negotiating for additional units in Phase II.

    SEC FM 60 & HOLIDAY HILL RD, Midland

    • 15 Acres under contract for Class A apartment development late 2007

    LAMESA RD & GIST AVE, Midland

    • 26 Acres under contract for Tax Credit or Bond financed apartment project in late 2007

    4401 CROCKETT, Midland

    • 6-plex acquired for local investor for redevelopment
  • Other

    MARIOTT COURTYARD, Midland

    • Acquired 2.2 acres for Tennessee hotel developer on Tradewinds Blvd, just west of Sam’s Club and south of Clear Springs restaurant

    TRINITY TOWERS, Midland

    • Sold 135,000 sf congregate living facility to local investors

    HEALTH CLUB, Midland (formerly The Midlander and Results)

    • 89,000 sf health club facility on 8 acres with pool, track, 10 racquetball courts, 4 indoor tennis courts, and other facilities
    • Sold to California investor

    STARBUCK’S, North Texas Remote District

    • Represented Starbuck’s on site location and leasing in Midland, Lubbock, Odessa, and San Angelo

    POLO HILLS, Midland

    • 24 acres next to Polo Club acquired for high end single family lot development