Eilan purchase completed

SAN ANTONIO – Lone Star Funds completed its purchased of Eilan, a 120-acre mixed-use development, from developer Wereldhave USA-CA as part of a 20 property U.S. portfolio.

Built in 2011, the project at 17101 La Cantera Parkway includes nearly 3 million sf of space. It consists of 539 residential units, 205,000 sf of office space, 34,382 sf of retail space and a 165-room luxury hotel and spa.

Lone Star Funds plans to expand amenities and services at the complex and creating more community events.

A new 5,000-sf fitness center will soon open and be available to hotel guests, residents and office tenants. Construction will also soon begin on Piatti, an Italian restaurant.

Read more at CoStar Group. See previous story, Éilan double Dutch jump into Lone Star.