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1727 Cornerway Blvd, San An...

Exeter Property Group Acquires 280,653 SF Industrial Property In San Antonio
SOLDIndustrial

Exeter Property Group Acquires 280,653 SF Industrial Property In San Antonio

1727 Cornerway Blvd, San Antonio

Building Size

280,653 SF

Asset Type

Industrial

Closing

Mar 11, 2021

AI

The industrial property located at 1727 Cornerway Blvd in San Antonio has been sold. The transaction, which took place on 03/12/2021, involved a property with a total area of 280,653 square feet. The property, captured in an image by Ward Fitzgerald, is situated in the San Antonio market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Address: 1727 Cornerway Blvd
  • Market: San Antonio
  • Square Footage: 280,653

The buyer of the property is Exeter Property Group, represented by Ward Fitzgerald. The transaction was facilitated by Cantera Real Estate Group acting as the broker.

Players

Ward Fitzgerald

Exeter Property Group

Buyer

$728.9M

vol

13 deals

Buyer

San Antonio Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93