Optimum Real Estate wins 2 Texas tenders for $28m

The company will upgrade the local airport in San Angelo and build a seafront promenade in Corpus Christi.

Optimum Real Estate Investments Ltd., owned by Tamir Poleg and Omri Shafran, has won two tenders, to upgrade a local airports in San Angelo and build a seafront promenade in Corpus Christi. The tenders are worth $28 million altogether. Optimum subsidiary Bluebay Construction LLC will carry out the two projects.

The $20 million project at the San Angelo Airport, which handles local and private operations, includes repaving a runway and rebuilding the passenger terminal to increase capacity and provide the services of a modern airport. The second, $8 million tender, is for the construction of a seafront promenade in the Gulf of Mexico resort town.

Optimum Real Estate Investment was founded in 2000 to manage and operate income-producing properties in Israel and the US. It has offices in Tel Aviv, Dallas, and Houston.

Published by Globes [online], Israel business news - www.globes-online.com - on June 6, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

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