Pioneer Place$23.09 – $28.11/SF/yr FS
142 Cedar Springs Rd
416,100 SF office building at 142 Cedar Springs Rd, Midland, TX 79701. For Lease through the owner.
For LeaseStatus
$24.80/SFAsking rent
1939Year built
AClass
Property facts
| Property type | Office |
|---|---|
| Building class | A |
| Rentable area | 416,100 SF |
| Stories | 17 |
| Year built | 1939 |
| Typical floor | 24,476 SF |
| Lot size | 0.89 acres |
| Parking ratio | 2.5/1,000 SF |
| Occupancy | 100.0% |
| Zoning | CBD |
| Parcel ID | 52-936-5620 |
| Submarket | Midland |
| Market | Midland-Odessa |
| Walk Score | 58 |
| Transit | Highway access I-35 |
| Listing package | Basic |
Building amenities
Property Manager on Site, Signage, Roof Terrace
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Brazos Energy Partners | Government | 9 | 58,630 | 2020-12-01 |
| Bluebonnet Insurance | Real Estate | 2 | 106,510 | 2027-02-01 |
| Silverpoint Advisors | Real Estate | 11 | 24,110 | 2033-06-01 |
| Xenon Labs | Engineering | 16 | 67,500 | 2025-10-01 |
| Kite Creative | Logistics | 9 | 97,010 | 2032-06-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2019-01-06 | $65.56M | $157.55 | 8.35% | Westbrook Equities | Juniper Real Estate |
Public record
| Owner of record | Dunmore Equities LLC |
|---|---|
| Assessed value | $73.58M |
| Land value | $27.59M |
| Improvement value | $45.99M |
| Annual tax | $1.52M |
| Tax year | 2026 |
| Lot size | 38,768 SF |
| Last deed | 2021-11-16 |
| Deed type | Special Warranty Deed |
| Legal description | LOT 14 BLK 391 MIDLAND ADDN |
Location
142 Cedar Springs Rd
Midland, TX 79701
Midland submarket · Midland-Odessa market
31.98171, -102.15349
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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