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Spectrum Association Management Secures Lease Renewal At North Park Corporate Center In San Antonio

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LEASED

Texas

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Office19,738 SF
Leased 09/05/2024
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LEASED

Spectrum Association Management Secures Lease Renewal At North Park Corporate Center In San Antonio

17319 San Pedro Avenue

See Similar Deals
Office19,738 SF
Leased 09/05/2024
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:19,738 SF
Transaction Type:Lease

The property involved in this transaction is an office space located at 17319 San Pedro Avenue in the North San Antonio market. The total square footage of the asset is 19,738 and it was previously leased for 27,000 square feet. The landlord of the property is TLO TX2 Investments LLC.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Lease Renewal
  • Address: 17319 San Pedro Avenue
  • Market: North San Antonio
  • Square Footage: 19,738
  • Landlord: TLO TX2 Investments LLC
  • Tenant: Spectrum Association Management
  • Brokers: Brad Kaufman, Larry Mendez & Yobana Castillo - CBRE

CBRE successfully secured a lease renewal for Spectrum Association Management at the North Park Corporate Center. The deal was facilitated by brokers Larry Mendez, Yobana Castillo, and Brad Kaufman, representing the tenant Spectrum Association Management in this transaction.

Players

Larry Mendez
2 deals(210) 508-0606
BROKER


Details

LEASED
IMAGE: Brad Kaufman, Larry Mendez & Yobana Castillo DATE: 09/05/2024 ADDRESS: 17319 San Pedro Avenue MARKET: North San Antonio ASSET TYPE: Office ~ SF: 19,738 LANDLORD: TLO TX2 Investments LLC TENANT: Spectrum Association Management BROKERS: Brad Kaufman (@BKaufmantx), Larry Mendez & Yobana Castillo (@Castillo_365) - CBRE (@CBRE) NOTE: CBRE secured a lease renewal for Spectrum Association Management at North Park Corporate Center in North San Antonio, reducing their space from 27,000 square feet to 19,738 square feet. Larry Mendez, Yobana Castillo, and Brad Kaufman of CBRE represented Spectrum, while TLO TX2 Investments LLC owns the building.

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Deal Type
Effective Rent (Annual)

$1,131,370.25

Total Lease Value

$11,313,702.49

Net Landlord Cash Flow$1,131,370.25