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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Sentry Gateway Phase I nearly complete

Sentry Gateway I & II

Up until recently, tenants searching for office space in the western portion of San Antonio usually found that options ran out at Loop 410 & Bandera Road but new facilities in the Far West sector give users new choices.
 
In addition to two new spec buildings delivered last year along the Highway 151 corridor, two more office buildings are nearing completion adjacent to the NSA facility (the former Sony Electronics plant site located at Loop 410 & W. Military Dr. 

Corporate Office Properties Trust (COPT) is developing Sentry Gateway – an office park on 126 acres at Potranco Road and W. Military Dr. that could span up to 900,000 square feet of office space to accommodate government suppliers and contractors that will facilitate NSA operations.  At build-out, Sentry Gateway could house some 4,000 employees.

The first phase of the Sentry Gateway project includes two four-story office buildings totaling roughly 250,000 square feet located at 8000 Potranco Road.  COPT is handling the leasing of these buildings which are rumored to be almost fully leased.  Upon completion in Q2, both buildings will be added into the statistical tracked set for inclusion in the office market stats.  At this point, we are anticipating that absorption of this new space will come from firms moving into the area – new growth for San Antonio.  Future activity, however, may include existing firms relocating into the new facility.  COPT is already marketing the next building which is expected to be 95,550 square feet (see website).

For more information, read Transwestern recruited to market major business park (San Antonio Business Journal, 1-22-10).

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