Permian Industrial Index
Permian Basin · Midland · Odessa · Pecos

Industrial property in the Permian Basin, indexed.

Crane-ready shops, laydown yards, warehouses, investment properties, and land across Midland, Odessa, Pecos, and greater West Texas. Built and maintained by a broker who works this market every day.

New to the Basin? Start here.

The Permian Basin is a roughly 75,000-square-mile oil and gas formation spanning West Texas and southeastern New Mexico, and it's the most productive oilfield in the country: close to half of all U.S. crude oil, around 6.5 million barrels a day, comes out of the ground here. That production doesn't run itself. Every rig, well, and pipeline needs equipment yards, fabrication shops, trucking outfits, and service crews working around it, and those companies are the tenants and buyers behind every listing on this site. For the deeper ground truth, the specs and terms you'd normally have to call a broker to get, start with The Permian, explained.

Before you call

Things you should know about the Permian

The questions outside investors actually ask, answered straight, before you ever pick up the phone.

Isn't the Permian too tied to oil prices to be a safe bet?

Production, not price, drives industrial demand here. Rig counts swing with oil prices, but the Permian keeps setting production records because every well gets more efficient. The equipment yards, fabrication shops, and service outfits that support that production stay busy in good years and bad ones. The operators have changed too: many have taken on outside capital, and that capital comes with stricter, more disciplined financial fundamentals than the boom-and-bust spending of years past.

Do I need to see a property in person before buying?

For most companies, specs, power, eave height, yard condition, matter more than curb appeal, and we've seen transactions close sight unseen. Still, we'd recommend at least one walkthrough, even if it's just during the feasibility period, so you know exactly what you're getting before you're locked in.

What's the real difference between buying in Midland versus Odessa?

Midland carries a price premium because the executives and corporate offices are based there. Odessa trades at a discount for comparable product serving the exact same tenants, twenty minutes apart, same crews work both sides.

Do I need a Texas-based entity to buy property here?

No. An out-of-state entity can buy here without registering as a Texas entity first; a Texas LLC is common for liability and tax reasons, but it isn't required to purchase. One exception: as of September 2025, Texas law (SB 17) restricts entities tied to China, Russia, Iran, North Korea, or other state-designated countries from acquiring real property here. That's a narrow, specific list, not a blanket restriction on international buyers, but worth confirming with counsel if there's any foreign ownership in the chain.

How fast do industrial deals actually close in the Basin?

Faster than most markets, largely because there's no zoning outside city limits to fight through. A straightforward cash deal can close in a few weeks; financed deals typically run 30 to 45 days.

What happens to industrial real estate if oil prices crash?

Vacancy ticks up, it doesn't collapse. Service companies with long-term contracts and equipment already in the ground don't fold overnight, and the tenants who survive a downturn are usually the ones who signed NNN leases and own their gear, which is most of this market.

Why does retail growth in Midland matter to an industrial investor?

Growing retail and rooftops mean a stable, growing workforce, the families of the people who run these industrial operations day to day. That's a leading indicator the tenant base here isn't going anywhere.

Why this site exists

Knowledge is power in the Permian, and while plenty of it exists out there, it's scattered, buried across a half-dozen platforms built for somewhere else, or locked behind a call you haven't made yet. There's no free, one-stop resource that puts it in one place, until now. The Index bridges that gap: the details operators actually care about, power, eaves, bays, yard, and restrictions, live here for free, alongside the market context that explains why they matter. This is a Permian Basin content page that happens to carry some listings, not a listings page that happens to carry some content. It starts with Moriah Brokerage Services inventory and grows from there. More about the Index and the broker behind it.

Current inventory

Featured listings

Office/warehouse, shop, and yard properties across Moriah's Permian Basin industrial inventory.

3717 S County Road 1232, Midland, TX office/warehouse

3717 S County Road 1232, Midland

$1,450,000 · or $14.48/SF/yr NNN

11,600 SF · 12 offices + 8,000 SF shop · 22' eaves · crane-ready · up to 5 acres

Listed by Joey Varela · Moriah Brokerage Services, LLC

3609 S County Road 1232, Midland, TX office/warehouse

3609 S County Road 1232, Midland

$1,950,000 · or $18.50/SF/yr NNN

8,100 SF · 3,600 SF office + 4,500 SF shop · 2-acre laydown yard included · up to 4 acres

Listed by Joey Varela · Moriah Brokerage Services, LLC

1911 E County Road 140, Midland, TX industrial shop

1911 E County Road 140, Midland

$18.00/SF/yr NNN

8,700 SF shop on 5 acres · (3) 16' overhead doors · office + conference room + apartment

Listed by Jack Oduro · Moriah Brokerage Services, LLC

Where we work

Markets we cover

The Index tracks industrial property where the Permian Basin actually works.

And any market in between. If it's Permian Basin industrial real estate, it's in scope.

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