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HOUSTON, TEXAS – October 2, 2011 – AVERA, a commercial real estate development, construction and investment firm, is pleased to announce the acquisition of Pleasanton Park, a 45-acre land site in Pleasanton, Texas.
The land site is located near HWY 281 and I-37 linking San Antonio and Corpus Christi in Atascosa County, just south of the Industrial Park in Pleasanton, Texas. The property was purchased from Premium Frac Pumps. AVERA plans to utilize the site as a build-to-suit development servicing the Eagle Ford Shale with a tenant focus in the Oil and Gas Industry.
“This particular land site was an attractive investment adding to our existing holdings in the Eagle Ford Shale play,” said Trey Odom, Partner and founder at AVERA. “The acquisition of this site allows unique opportunity for small to large businesses to exist in a Business Park environment. We have seen tremendous activity with 35% of the site already committed.”
AVERA is a Texas based privately held, partnership-driven commercial real estate development, construction and investment firm. AVERA focuses on the acquisition, development and ownership of office and industrial properties, as well as commercial land sites and business parks. From design build capabilities and master-planned business parks to corporate build-to-suit and speculative development, AVERA handles all phases of development in a way that meets the client’s specific needs. For more information about AVERA, visit our Web site at averacompanies.com or call 713-800-9675.