REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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REOC San Antonio announces purchase of KCI Tower

KCI Tower - 8023 Vantage Dr.

REOC San Antonio announces the purchase of KCI Tower by Callaghan Tower, Ltd. from TIC Properties.*  “We are very excited about this acquisition.  Having leased this property for six years when KCI owned the building, we are very familiar with its distinct place in the market.  We will be immediately launching a multi-million dollar capital investment program to reposition the property after KCI relocates this summer. 

Improvements will include elevator modernization, mechanincal and electrical systems upgrades, cosmetic changes and much more.  Opportunities like this to lease large blocks of space in a landmark location, at economical rates in San Antonio’s core office market, are rare. ~ Todd A. Gold, CCIM, President and Managing Partner of REOC San Antonio.

KCI Tower offers:

A premier location just north of I-10/Loop 410 interchange

Nearly 170,000 square feet of available space

Unparalleled Cityscape and Hill Country views

Structured parking (3.5:1000)

Competitive lease economics

* Callaghan Tower, Ltd. is a limited partnership.  Callaghan Tower GP, LLC is its general partner with REOC Partners, Ltd. as its sole Member and Manager.  Todd Mills with CBRE represented the seller; Todd A. Gold, CCIM, with REOC San Antonio represented the buyer.  Financing provided by Amegy Bank, National Association.

 

 

 

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