STERLING INFRASTRUCTURE INC
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
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Item 2. Properties
We own or lease properties in locations throughout the U.S. to conduct our business. We believe these facilities are adequate to meet our current and near-term requirements. The following list summarizes our principal properties by segment for which they are primarily utilized and our “Corporate” headquarters:
| Location | Type of Facility | Interest | Segment(s) |
|---|---|---|---|
| The Woodlands, TX | Administrative | Leased | Corporate |
| Austell, GA | Administrative, operations and equipment yard | Owned/Leased | E-Infrastructure Solutions |
| Flanders, NJ (1) | Administrative, operations and equipment yard | Leased | E-Infrastructure Solutions |
| Denton, TX | Administrative and operations | Owned | Building Solutions |
| Draper, UT (1) | Administrative and operations | Leased | Building Solutions and Transportation Solutions |
| Phoenix, AZ | Administrative and operations | Leased | Transportation Solutions |
| Houston, TX | Administrative, operations and equipment yard | Owned | Transportation Solutions |
| Sparks, NV (1) | Administrative and operations | Owned/Leased | Transportation Solutions |
| Wylie, TX (1) | Administrative and operations | Leased | Building Solutions |
| (1) The leased space is owned by and leased from related parties. Refer to Note 20 - Related Party Transactions for additional information. | |||
All of our wholly-owned real property is encumbered, see Note 10 - Debt for further discussion on debt and our Credit Agreement.
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