REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Proposed Medical Office Building for Helotes

Cedar Trail Medical Building

Cedar Trail Medical Building

A debilitating lack of capital resulting from the financial crisis that is dominating the current recession has all but shut down the pipeline of speculative development over the past several months but the strength of the local healthcare industry continues to support growth of medical buildings.  Richard Simonite with PF Properties is marketing the pre-leasing of Cedar Trail Medical Building in the growing community of Helotes.  The two-story building totals 18,656 square feet and offers space as small as 600 square feet and as large as 8,677 square feet.  Rents are quoted at $16.00 (second floor space) to $20.00 triple net with a $25.00 tenant improvement allowance.   If all goes according to plan, the building will be available for occupancy next summer.

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