Edan Professional Building
Due to the credit crisis, commercial property sales have been few and far between this year but the Edan Professional Building, located at 15310 Huebner Road at Churchill Estates, recently found a new owner. The sale, confirmed on the Kotel Investments website, was reported in Owner-users snap up office space (San Antonio Express-News, 9/12/2009).
The building, which was developed by Efraim Abramoff of Ariel Star Texas, has remained vacant since completion in March of this year. San Antonio-based Tri-Lin Integrated Services, Inc., provider of educational materials and services, purchased the two-story professional building. It is unclear at this time whether or not Tri-Lin will occupy the entire building but, if so, the vacancy rate in the North Central market will reflect the improvement.
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