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VanTrust Real Estate Signs Major Manufacturer Lease For 100000 Square Feet In San Antonio

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LEASED

Texas

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Industrial100,000 SF
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LEASED

VanTrust Real Estate Signs Major Manufacturer Lease For 100000 Square Feet In San Antonio

5442 Center Run

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Industrial100,000 SF
Leased
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:100000 SF
Transaction Type:Lease

The property asset involved in the transaction is located at 5442 Center Run Road in San Antonio. It is an industrial asset with a total square footage of 100,000. The property is part of the Cornerstone Commerce Center, which recently saw the delivery of two Class A buildings. There is significant space still available for lease, as the development plans include an expansion of an additional 400,000 square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 5442 Center Run Road
  • Market: San Antonio
  • Landlord: Bill Baumgardner - VanTrust Real Estate
  • Brokers: Joshua Aguilar & Rob Burlingame - CBRE

The deal involved VanTrust Real Estate signing a major manufacturer to lease over 100,000 square feet at Building A. CBRE arranged this transaction, facilitating the agreement for the landlord. The ongoing development at the site highlights VanTrust's commitment to expanding industrial space in the market.

Players

Joshua Aguilar
7 deals$30M volume
BROKER

Rob Burlingame
CBRE
4 deals
BROKER

Details

LEASED
IMAGE: Bill Baumgardner, Joshua Aguilar & Rob Burlingame DATE: 10/17/2024 ADDRESS: 5442 Center Run Road MARKET: San Antonio ASSET TYPE: Industrial ~ SF: 100,000 LANDLORD: Bill Baumgardner - VanTrust Real Estate (@VantrustRE) BROKERS: Joshua Aguilar & Rob Burlingame - CBRE (@CBRE) NOTE: VanTrust Real Estate signed a major manufacturer to over 100,000 square feet at Building A of the Cornerstone Commerce Center in San Antonio, with CBRE arranging the deal. VanTrust recently delivered two Class A buildings at the site, with significant space still available for lease, and plans for a second phase to expand the industrial development by 400,000 square feet.

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Deal Type
Effective Rent (Annual)

$5,731,939.66

Total Lease Value

$57,319,396.56

Net Landlord Cash Flow$5,731,939.66