REOC San Antonio
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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Multinational real estate firm enters SA with 235K-sf warehouse buy

AEW Capital Management LP, a multinational institutional investor, recently entered the San Antonio real estate market with its purchase of the two-building Lanark Distribution Center TA Realty.

The 235,000-square foot facility is located along the I-35 corridor at 610 Lanark in the Northeast sector of the City.  The property’s front building is 147,376 square feet and was built in 1975 while the 88,044-square-foot back building was built in 1982.

AEW owns more than 240 properties in the United States, including 24 in Texas after this recent buy. Its Texas assets are in the state’s four major metros and include multiple property types.

With its recent sale, TA Realty has at least two remaining properties in San Antonio, the 159,440-square-foot Oak Park office tower and the 304-unit Mission Hills apartments.

Click here to read the full article: AEW Capital Management LP enters SA with 235K-sf warehouse (San Antonio Business Journal, Jul. 16, 2019)

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