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 Foster Commerce Center Kansas City-based NorthPoint Development will build Foster Commerce Center, a 2.2 million-square-foot industrial park that will be located about 10 miles east of downtown San Antonio. The six-building development will be constructed in phases, with the initial phase comprising two buildings totaling 650,000 square feet.  Eisenhauer Business Park Westcore, a San Diego-based industrial real estate acquisition, development and asset management firm, recently acquired the Eisenhauer Business Park from NIT Industrial. Located at 5473 Eisenhauer Rd. in northeast San Antonio, the four-building property, totaling 377,318 square feet, reportedly sold for $36.6 million. The acquisition increased Westcore’s San Antonio portfolio to more than 1.5 million square feet.  CenterPoint Logistics Park Dallas-based Jackson-Shaw, a national real estate development company, is moving forward with Phase II of the CenterPoint Logistics Park, located at 4235 Milling Road, just inside Interstate 410, south of where it intersects with Interstate 35. Phase II consists of two buildings totaling 416,707 square feet of Class A industrial development. Building 1 is 139,427 square feet and Building 2 is 277,280 square feet. Building 1 is rear-load, and Building 2 is cross-dock. The park enjoys great visibility with more than 2,200 feet of frontage at the Interstate 410 and Interstate 35 interchange.  Westport Industrial Park Locally based developer Koontz Corp. recently broke ground on Westport Industrial Park, a 374,400-square-foot project in San Antonio located at 438 S. Callaghan Road on the city’s West side. Koontz Corp. is developing Westport Industrial Park in phases, with the first of the two 187,200-square-foot buildings set to be delivered in February 2023.  Courtesy Core5 Atlanta-based Core5 Industrial Partners recently acquired 164 acres in Schertz, a northeastern suburb of San Antonio. Plans call for the development of a 1.8 million-square-foot industrial project. Construction of Phase I, which will comprise two buildings totaling roughly 1 million square feet, is set to begin later this year. Read entire article: Core5 Industrial to Develop 1.8 MSF Project in Schertz, Texas (REBusiness Online, 5.2.22)  Cornerstone Commerce Center Kansas City, MO-based VanTrust Real Estate, LLC recently acquired one of the last sites in the Cornerstone industrial area situated in the northeast quadrant of the Loop 410 & IH-10 Interchange in Northeast San Antonio. VanTrust is set to break ground on Cornerstone Commerce Center Phase I later this summer. The 60-acre site is located less than half a mile north of the intersection of IH-10 and Ackerman Road, with direct access to Ackerman.  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)
Located between Dollar General and Amazon distribution centers, the property is suitable for an office/warehouse building spanning up to 135,000 square feet. …Read Entire Post  Doerr Lane Logistics Center Atlanta-based developer Ackerman & Co. recently broke ground on Doerr Lane Logistics Center, a 307,000-square-foot industrial project to be located at 9870 Doerr Lane in Schertz, a northeastern suburb of San Antonio. The Class A distribution center will feature 32-foot clear heights, 318 automobile parking spaces, 96 trailer parking spaces, an ESFR sprinkler system and two undeveloped acres for additional storage usage. …Read Entire Post  Connection Park Triten Real Estate Partners, a developer with offices in Houston and Dallas, will build Connection Park Logistics Center, a 490,083-square-foot industrial project that will be located on the east side of San Antonio. The site, which spans 32 acres at 6851 Cal Turner Drive, offers proximity to Interstate 10 and Loop 410, as well as the industrial facilities of major users like Amazon, Dollar General and H-E-B. …Read Entire Post |
Houston-based Welcome Group recently acquired a 7.6-acre tract near Cal Turner Road and Foster Road, where it plans to develop an office/warehouse project in what is now known as Connection Industrial Park.