Dallas-based MYCON General Contractors Inc., a TEXO member, has acquired Pavlovich Construction Services of Grapevine, Texas to support the firm’s growth in the industrial and manufacturing sectors.
“This acquisition gives us additional management depth and market reach in the industrial, office and retail interiors, food processing and manufacturing sectors. We are excited about the synergy that this acquisition creates and the opportunities to serve our customers throughout Texas,” says Charles R. Myers, president and CEO of MYCON.
Firm principals of Pavlovich will join MYCON, including Roger Pavlovich as vice president; Justin Swaim, LEED AP, as project director, as well as members of their team.
“Joining MYCON offers a great fit for our team and expertise. Our ‘ground up’ construction experience spans over 100 years, and our tenant improvement services have been in high demand,” says Pavlovich.
Pavlovich’s portfolio includes PickUp USA in Coppell, Texas, an industrial warehouse conversion to a sports facility; Big Town Distribution Facility in Mesquite, Texas, a 300,000-sq-ft tenant improvement project; new offices for the Veterans Administration in Dallas, Texas; and a tenant finish-out for Briggs Freeman, among others.
In the past five years, MYCON General Contractors has completed more than 30 industrial projects, representing $293 million in construction volume.
According to CBRE’s second quarter industrial MarketView report, year-to-date absorption has totaled nearly 10 million square feet with almost 55 percent of new product coming online already pre-committed. At the end of the second quarter, the market-wide vacancy rate hovered at 5.8 percent.
Founded in 2016, Pavlovich Construction Services provides a wide range of construction services, among them: pre-construction, tenant improvement, design-build and new construction to customers in the industrial, office/retail and manufacturing sectors. The company’s project portfolio represents more than $19 million.
Founded in 1987, MYCON General Contractors Inc. is an award-winning general contractor serving diverse market sectors, including industrial, manufacturing, commercial office, retail, healthcare, hospitality, religious, institutional and financial services. With annual revenues of approximately $300 million, MYCON has completed hundreds of commercial construction projects in the North and Central Texas regions.
The firm’s industrial and warehouse project portfolio includes Dallas Logistics Hub Buildings 1 and 2 in Dallas; multiple Public Storage locations; Parkview Commerce Center in Flower Mound; Valwood Corporate Center in Carrollton and Discount Tire Regional Distribution Center in Dallas, among others.The firm was recently recognized as one of the fastest-growing mid-market companies in the DFW metroplex by the Dallas Business Journal and among the Top Five National Retail Contractors by Commercial Construction & Renovation Magazine. For more information, visit www.mycon.com.
Associated General Contractors of America