San Antonio 244,500-SF piece of the pie in five-property purchaseSan Antonio 244,500-SF piece of the pie in five-property purchasehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=123672016-03-07T06:00:00Z2016-03-07T21:20:00Z

SAN ANTONIO - As part of a five-property portfolio deal, Industrial Property Trust's acquisition of an East San Antonio distribution center is what some are hoping indicates the city's market is attracting more institutional investors.

The Denver-based industrial real estate investment trust recently closed on the 244,510-sf facility at 1610 Cornerway Blvd., marking its first step into San Antonio's industrial market.

The Class A property—which spans 18.3 acres—was sold along with four other facilities in Houston, Dallas, Oklahoma City and Louisville, comprising a total of 1 million sf.

All five properties were acquired through a sale-leaseback transaction with Victory Packaging, which will remain the sole tenant for each facility.
San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/news/2016/03/03/stable-sa-industrial-market-lands-new.htmlRead more at the {Source}

 Search NewsTalk Texas