Midland Office Portfolio
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Midland, Texas

Real Estate Investment Firm

Program and Construction Management

    Program and Construction Management Services

    As a repositioning and value-add play, our investment client acquired a portfolio of office buildings in the heart of west-Texas oil country. The three properties required significant upgrades to buildings systems and spaces. Despite shortages of expertise, labor and material, OB体育足球比分永久网址® executed a successful program of improvements.

    Our Role

    OB体育足球比分永久网址® served as Program and Construction Manager for an institutional private equity firm. We worked closely with a local asset and property management firm and a variety of designers and contractors both from in and out of the Permian Basin. We identified and prioritized renovations, sourced and oversaw many contractors and coordinated work among the multiple properties.

    Unique Approach

    • Advised on tough decisions regarding deferred maintenance and improvement priorities
    • Organized and prioritized work as a program of many related projects
    • Fast-tracked design into work packages to expedite timeline
    • To address shortage of local resources, sourced both local and out-of-town contractors


    • Tremendous amount of work accomplished in three years
    • Overcame many resource challenges
    • Building systems are more reliable and modern
    • Tenants are happier and more appealing to prospects
    • Reduced energy and maintenance bills

    Scope of Work

    Renovations to the three properties included:

    • Replacement of 3 roofs and added certified tie back systems on 2 roofs
    • Replacement of 5 chillers and 3 cooling towers plus other HVAC upgrades
    • Replacement of 3 sets of main electrical switchgear and other electrical upgrades
    • Replacement of 3 emergency generators
    • Modernization of equipment and cab interiors for 11 elevators
    • Repair of various garage and structural elements
    • Replacement of fire alarm system throughout one building
    • Remodel of the main entrance lobby at two of the buildings
    • Build out of 30,000 square feet of office and retail spaces
    • Completion of a signature outdoor plaza and landscaping
    • Replacement of over 25,000 square feet of sidewalks and waterproofing
    • Upgrades to building entries and signage for improved curb appeal

    Project Summary

    • Client: Real Estate Investment Firm
    • Location: Midland, Texas
    • Size: Three of largest office buildings in western Texas, tallest 26 stories, 500,000 sf
    • Timeline: November 2015 – December 2018
    • Services: Program and Construction Management
    • Cost $15 Million
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