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 Tower Life Building Local businessman and philanthropist, Red McCombs, along with two other investors, recently acquired the iconic Tower Life Building located in downtown San Antonio at 310 S. St. Mary’s St. The 31-story landmark is known for its eight stone gargoyles and conical clay tile roof. The building opened just before the 1929 stock market crash and the Great Depression. It was placed on the National Register of Historic Places in 1991. …Read Entire Post  8555 NE Loop 410 Houston-based investment firm TRECAP Management recently acquired a 40,800-square-foot industrial building located at 8555 NE Loop 410 in San Antonio. The Seller was EJ Morales III Holdings. The property, built in 1986, sits on 2.09 acres on the city’s east side in 1986. The facility was 30 percent leased at the time of sale. Read entire article: Colliers Brokers Sale of 40,800 SF Industrial Building in San Antonio (REBusiness Online, 4.14.22)  Legacy Oaks Medical Complex Dallas-based private equity firm Velocis recently sold The Legacy Oaks Medical Complex to a joint venture between Altera Fund Advisors and Harrison Street. Tenants occupying the 227,627-square-foot project include a mix of primary care, pediatrics, rheumatology, ophthalmology, optometry, radiology, pain management and outpatient rehabilitation users. …Read Entire Post  The Commons at The Dominion The Nettleship Family Trust recently acquired The Commons at The Dominion recently from Dominion Drive Partners. The upscale office park consists of five free-standing buildings ranging from 2,600 square feet to about 9,000 square feet which combine for a total of 31,112 square feet. …Read Entire Post  Seguin Crossroads PBC Interests, a Houston-based investment group, recently acquired the Seguin Crossroads Shopping Center, formerly known as Five Courts Mall. The almost-40-year-old center is located at 1500 E. Court Street in Seguin and spans approximately 126,000 square feet. …Read Entire Post
Sterling Oaks Shopping Center (30,000 sf) located at 7350 Tezel Rd. Austin Heights Retail Center (59,932 sf) located 1533 Austin Hwy. Kotel is still in the process of securing new tenants for empty spaces at the shopping centers. …Read Entire Post
Built in 2004, the first building spans 80,431 square feet and sits on an 11.9-acre site at 6203 Farinon. It is currently leased by KCI USA Inc., a provider of wound care services and treatments. The second facility totals 43,860 square feet is located at 6603 First Park Ten Blvd., just inside Loop 410 along the Interstate 10 corridor. …Read Entire Post Fort Worth-based investment firm Fort Capital recently acquired an 80,230-square-foot industrial property located at 6103 Farinon Drive within the University Park master-planned community in northwest San Antonio. The Class B property was fully leased at the time of sale. The seller and sales price were not disclosed. Click to read full article Fort Capital Acquires 80,230 SF Industrial Property in Northwest San Antonio (REBusiness Online, 2-17-22)  9903 Nationwide Dr.  Local firm Merit Commercial Real Estate closed its first major investment with the recent acquisition of University Park Tech Center I & II. The two office buildings, situated in University Park just west of Interstate 10, total nearly 200,000 square feet.
The Seller was Clarion Partners LLC which sold two other buildings at University Park Tech Center to University Health System in December 2020. …Read Entire Post |
