115 S FM-1936, Odessa, TX 79763

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Building Details:

• Year Built: 2015

The site is adjacent to a $30M Halliburton facility that sits on 50 acres of land and employees over 1,500 nearby residents. Halliburton also recently purchased an additional 100 acres showing their long-term commitment to the area. The site also sits ideally just north of I-20 (34,000+ VPD) with easy access on/off the freeway. Odessa has a population over 110,000 and sits in the Permian Basin, where in November of 2016 the largest deposit of oil reserves in the US was just found. With oil prices falling, oil rig counts have around the US have been condensing to the Permian Basin where production still makes economic sense for many large oil companies.