Jones Lang LaSalle, Inc. (“JLL”) has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire Logistics Commerce Center (the “Property”), a newly-constructed, two-building, Class A industrial project located within the infill Cornerstone Industrial Park in San Antonio, Texas. The Property is comprised of two-buildings, a 260,000 square foot cross-dock and 140,400 square foot front-load that are a combined 50%-leased to Home Depot (S&P: A), Pallet Logistics of America, and 1-800-Pack Rat, with 6.0 years of weighted average lease term remaining and offering an immense value creation opportunity via the lease-up of the 200,200 square feet of vacancy in a fundamentally sound industrial market. Located between Interstate 10 and Loop 410/IH-35, the Property offers unparalleled access to the entire San Antonio-New Braunfels MSA in addition regional connectivity to Texas’ other major metros by way of Interstates 10 and 35. Logistics Commerce Center presents an exceptional opportunity to acquire a Class A industrial asset with best-in-class industrial tenancy and immediate opportunity to enhance value in the nation-leading Central Texas region.
- 50% Leased with Credit tenancy and substantial term
- Best-In-Class San Antonio industrial acquisition opportunity
- Secure in-place cash flow with immense value creation potential
- Recently delivered institutional quality assets
- Premier infill distribution and last-mile location