No pyramid scheme: SA building sells for $40M | No pyramid scheme: SA building sells for $40M | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=14942 | 2016-10-24T05:00:00Z | 2016-10-24T20:00:00Z | SAN ANTONIO - One of the most recognized office structures in North Central San Antonio is now off the market. The Class A iconic Pyramid office building was purchased in a $39.7 million transaction. The 220,693-sf office structure is located at 601 NW Loop 410, close to the San Antonio International Airport, and benefits from the outstanding visibility. The new buyer plans at least $1.5 million in renovations. The structure went through cosmetic renovations in 1993, 2006 and 2015. The Pyramid was 87 percent occupied at the time of sale, and is part of a highly competitive set of San Antonio buildings that are close to reaching 95 percent occupancy. | Commercial Property Executive
| San Antonio-New Braunfels
| Office
| https://www.cpexecutive.com/post/new-owner-emerges-for-san-antonios-pyramid-building/ | | | Be sure and check out San Antonio Office Market Research for a variety of commercial reports. | Read the full article at {Source} |