HOUSTON—In order to better market its growing portfolio of realestate assets in West Texas, Taylor Consulting,Inc. (TAYO) is targeting modular housing manufacturers inthe region for potential partnership.
Due to the explosion in shale oil and gas drilling andexploration in West Texas' Permian Basin, the areais experiencing an unprecedented boom in population and economicactivity. To capitalize, TAYO has formed a real estate division,Third Avenue Development, LLC, and acquiredmultiple West Texas properties. The company continues to conductdue diligence toward additional real estate acquisitions in thestate, where population growth has averaged 1.7%annually over the past three years—more than double thenational average.
Because West Texas is being flooded with new workers andresidents, TAYO has identified modular housing as a fast,affordable solution to the region's low housinginventory.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
