MIMCO, a real estate investment and management company, was founded in 1972 with a mission to provide real estate investment opportunities in El Paso, Texas. Over the past 45 years, we have expanded our portfolio to include approximately 325 properties in Texas and New Mexico. Our shopping centers range in size from 8,000 to 276,000 square feet, and our office/warehouse projects range from 1,200 to 196,000 square feet.
Our approach to property management is unique. Because we only manage properties in which we have a vested interest, we take great pride and extra care to ensure that our properties are well maintained and that our property management team is responsive to tenants' needs. This strategy has been the key to our success, as it keeps our tenants happy and oftentimes leads to new opportunities to work with them again.
We currently have over 1,750 tenants, many with multiple locations. Examples of these are Subway with 28 stores, Goodwill Industries with 9 stores, Family Dollar with 21 stores, H&R Block with 10 stores, and Dollar Tree with 21 stores. We are always seeking new opportunities throughout Texas and the Southwest. Whether you are nationally recognized or establishing your first business, with our open and responsive approach, we make deals happen.
Our Services
MIMCO offers a variety of services to meet the needs of our tenants and clients. These include property management, real estate investment, and development. Our team is dedicated to providing the highest level of service and ensuring that all of our properties are well maintained and responsive to tenants' needs.
We understand the importance of building strong relationships with our tenants and clients. We take the time to understand their needs and work with them to find the best possible solutions. Whether you are looking for a commercial location, a build-to-suit, a pad site, or a warehouse, MIMCO is your answer!
Recent Developments in the El Paso Retail Market
Historically, the El Paso market has often been overlooked, primarily due to its distance from other major Texas markets. However, that sentiment is shifting rapidly due to strong economic and population growth. While an accurate figure is difficult to pin down, the number of new entries to the market and expanding franchises has exploded in recent years.
"As recently as 2015, national and regional operators were only beginning to recognize the sales potential of the El Paso market and just how underserved the growing population had become. Competition was limited, which led to advantages for existing operators. The landscape shifted dramatically due to the pandemic - since Q2 2020, new categories of operators have become active and marketing quality sites generally leads to multiple offers from competing operators including car washes, lube shops, coffee shops, and other QSR's. We love to see this variety move into our market and drive competition for their next great location, " states Scott Walker, President of MIMCO.
Market competition is advantageous and a key driver of innovation. Retailers use competition to discover new opportunities and to better serve their customers. With MIMCO, you can rest assured that we are dedicated to providing the highest level of service and ensuring that all of our properties are well maintained and responsive to tenants' needs.
Contact Us
If you have any questions or need further information, please do not hesitate to contact us. Our staff is ready to help and is dedicated to providing the highest level of service. You can reach us at our main office in El Paso, Texas, or at our satellite office in Austin, Texas.
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