DALLAS--Henry S. Miller recently obtained the exclusive listing for approximately 50 properties located throughout the Midland/Odessa region. Jerry Averyt, senior vice president in the brokerage division and Mark O'Briant, president of the firm's consulting division, along with Audra Smolinski, an independent agent, make up the team that will manage the portfolio listing.
“We are eager to bring these properties to the market and believe they provide a good investment opportunity to a variety of buyers/investors” said Averyt.
Smolinski, who had a prior connection with the owner, helped to land the company the listing. The team collectively has over 50 years of experience with investment-oriented properties.
According to the company, most of the properties are industrial facilities leased on a NNN basis to individual tenants servicing the oil industry, and they have various lease terms and tenure. In addition, the properties could be viewed as one large portfolio or grouped into smaller portfolios.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
