Union Pacific Exercises Option to Purchase TAYO Real Estate in Texas

HOUSTON--(BUSINESS WIRE)-- Taylor Consulting, Inc. (OTCBB: TAYO) announced today that Union Pacific Railroad Company exercised its option to purchase its property in Sweetwater, Texas. The transaction will net TAYO a markup of more than 600 percent.

Last year, Third Avenue Development added 47 residential and commercial lots to its portfolio in the town of Sweetwater, where development has been spurred on by a new railroad logistics center and other projects. Union Pacific signed a purchase option to acquire one of those properties in February.

Once the deal is closed, TAYO plans to resume its expansion into new real estate markets nationwide. The company has already targeted potential acquisitions in Nevada, Colorado and other states where the nascent cannabis industry is driving up demand for commercial property, said company CEO Scott Wheeler.

“Our Sweetwater acquisition last year was a smart purchase that will now lead to more of the same,” Wheeler said. “Just as the new railroad logistics center there drove up demand for suitable commercial properties, new cannabis legislation is now driving up demand fast for commercial properties in other states. TAYO has already targeted a number of undervalued properties in these states for acquisition.”

Third Avenue Development, a premier hybrid real estate investment and development company, is building an emerging portfolio of real estate assets for investment, rehabilitation and resale. The company is focused on acquiring properties in the country’s top-performing housing and real estate markets in order to capitalize on the continued recovery and growth of the U.S. real estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.

About Taylor Consulting Inc.

Taylor Consulting, Inc. (TAYO) recently created Third Avenue Development, LLC as a new division whose primary goal is to invest in promising real estate assets to compete alongside American Homes 4 Rent (NYSE: AMH), Silver Bay Realty Trust Corp. (NYSE: SBY), Equity Residential (NYSE: EQR), Essex Property Trust Inc. (NYSE: ESS) and others.

Third Avenue Development, a premier hybrid real estate investment and development company, is building an emerging portfolio of real estate assets for investment, rehabilitation and resale. The company is focused on acquiring properties in the country’s top-performing housing markets in order to capitalize on the continued recovery and growth of the U.S. real estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Taylor Consulting, Inc.
Scott Wheeler, 713-840-6099
President and CEO
[email protected]

Source: Taylor Consulting, Inc.

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