TAYO Closes Latest West Texas Real Estate Acquisition

HOUSTON, Jul 28, 2014 (BUSINESS WIRE) As the company continues to build a competitive portfolio of West Texas real estate assets, Taylor Consulting, Inc. (OTCBB:TAYO) announced today that its real estate division, Third Avenue Development, LLC, has closed on its latest property in the booming economic region. The company has completed its acquisition of a multi-unit storage facility that the company targeted to serve the flood of workers and families moving in and out of West Texas. The area around the Permian Basin is undergoing a population explosion thanks to advanced new oil and gas drilling technology. The economic impact of new drilling in the region could be as high as $34 billion by 2022 and support more than 30,000 jobs, according to a recent study by the University of Texas at San Antonio. This property fits all of our acquisition criteria, said TAYO CEO Scott Wheeler. It is in a prime, central location with attractive land value as well as positive cash flow that we believe
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