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

Got a Commercial Real Estate Need or Question?

Ask One of Our Trusted Advisors

Sale for 114-acre tract along UTSA Blvd. closes for $20.3 million

realestateNearly a year after putting in a $20.3 million bid to pull a Northwest San Antonio site out of bankruptcy, California-based private investor Robert Schumacher has closed on the 114-acre tract along UTSA Blvd.

The deal closed on Dec. 30, 2015, and while no development plans have been announced, Schumacher said at the bankruptcy auction last March that he had been shopping around for land that provided enough space for a large, mixed-use development.

Central Texas Realty and Development LLC President Walt Busby brokered the deal on behalf of the bankruptcy trustee.

Click to read entire article: Sale for 114-acre tract along UTSA Blvd. closes for $20.3 million (San Antonio Business Journal, 01-06-16)


Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>