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Kim_Gatley
Kim Gatley
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enior Vice President & Director of Research at REOC San Antonio

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Hartman Short Term Income Properties XX, Inc. Expands Presence in San Antonio, TX

One Technology Center

One Technology Center

Hartman Short Term Income Properties XX Inc., a Texas-centric Real Estate Investment Trust, announced that Hartman One Technology Center LLC, a subsidiary, purchased One Technology Center in San Antonio, TX.

One Technology Center is a 196,348 SF, 14 story office building located at 7411 John Smith Dr., just off John Smith Drive and Babcock Road in San Antonio. One Technology is well-located on the west side of the South Texas Medical Center and is within nine miles of the San Antonio International Airport. The property is minutes from Loop 410 and has easy access to all of San Antonio.

The property is approximately 85% leased to a diverse mix of tenants including the Veterans Administration, Galen College of Nursing, UT Health South, and Billing Concepts. “One Technology Center provides us a quality asset in a great submarket at below-replacement cost, and provides upside potential by leasing the remaining vacant space,” said Al Hartman, Hartman CEO.

Todd Mills of CBRE represented the seller in the transaction and Dave Wheeler, Julian Kwok, CCIM and Russell Turman represented the buyer, Hartman One Technology Center LLC.

Click to read entire article: Hartman Short Term Income Properties XX, Inc. Expands Presence in San Antonio, TX (Hartman, 11-25-15)

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