CREDE is developing a 282 acre industrial parcel called Hawk View Industrial Park in the center of the Permian Basin in Midland, TX.  CREDE’s President, Thomas Reiter said “CREDE has had great success developing the Hawk View Industrial Park, which is at 45% completion.  Our location, quality of construction, various parcel and building sizes and our local team of partners has allowed us to be amongst the industry leaders in Midland, TX.  The development is focused on build-to-suits for industrial tenants with a concentration on energy service companies.”

NNN leased portfolio comprised of new construction and leased to creditworthy companies focused on servicing side of energy sector

  • 16 Leases (17 buildings) on 78.92 acres (4.8 acres per location on average)
  • Buildings range in size from 7,500 SF to ~20,000 SF
  • Excess land for tenants to expand
  • Total of 215,862 rentable square feet
  • Mitigate volatility in oil & gas market pricing via focusing on tenants who service existing oil & gas infrastructure vs. tenants focused on new drilling, exploration & production
  • Pre-engineered buildings provide tenants with easy ability to easily expand
  • Average 3.5 acres of vacant land per tenant site
  • Located 1.5 Miles from I-20
  • Located 2.5 Miles from Midland International Air & Space Port