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

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Core5 Purchase

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)

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VanTrust Set to Break Ground on Cornerstone Commerce Center

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.

…Read Entire Post

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8555 NE Loop 410 trades to Houston firm

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)

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Houston’s Welcome Group buys tract in Connection Industrial Park

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.

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

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Ackerman & Co. Breaks Ground on 307,000 SF Industrial Project Near San Antonio

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

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Triten to Develop Connection Park Logistics Center in San Antonio

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

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Fort Capital Acquires 80,230 SF Industrial Property in Northwest San Antonio

Fort Worth-based investment firm Fort Capital recently acquired an 80,230-square-foot industrial property located at 6103 Farinon Drive within the University Park master-planned community in northwest San Antonio. The Class B property was fully leased at the time of sale. The seller and sales price were not disclosed.

Click to read full article Fort Capital Acquires 80,230 SF Industrial Property in Northwest San Antonio (REBusiness Online, 2-17-22)

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Cold Creek Solutions Breaks Ground on Cold Storage Facility in San Antonio

Cold Creek Facility

Cold Creek Solutions, a cold storage developer based in the Dallas-Fort Worth area, recently broke ground on a roughly 300,000-square-foot facility located at 110 Cascade Dr. near the intersection of Foster Road and Cal Turner Drive in Northeast San Antonio.

The facility will feature convertible spaces with temperatures ranging from -20 to 55 degrees Fahrenheit to accommodate a range of food uses. …Read Entire Post

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Missouri Firm Plans Massive Warehouse in NW San Antonio

The longtime owner of an abandoned quarry in Northwest San Antonio is moving forward with plans to build a massive warehouse at 14700 Tradesman Drive.

The proposed distribution center project is expected to span between 500,000 and 780,000 square feet on a 92.5-acre site.  The site was originally part of a 160-acre rezoning in 2008, with the northern half of that property now already developed with commercial properties. …Read Entire Post

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Carvana Planning Two Industrial Facilities on the South Side

Car-buying platform Carvana appears to be planning a couple of local projects on the South Side at 11245 Old Corpus Christi Road.

Carvana bought the nearly 60-acre property earlier this year from seller CXA Corp., an entity tied to the same address as Plano-based investment firm CSG Investments Inc., an affiliate of Beal Financial Corp., also based in Plano.

The sales price was undisclosed, but the property holds an assessed value of $12.9 million, according to the Bexar County Appraisal District.

Plans include an estimated $3.76 million renovation of an existing building for a 94,000-square-foot inspection facility, as well as an estimated $9.34 million for a 61,117-square-foot paint and detail building. …Read Entire Post

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