SynerMark Properties And Tryperion Holdings Acquire 323,949 SF Office Campus In San Antonio
10101 Reunion Place & 10001 Reunion Place
Building Size
323,949 SF
Asset Type
Office
Closing
Aug 11, 2026
About this deal
AI
The property asset involved in the transaction is a two-building office campus located at 10101 Reunion Place and 10001 Reunion Place in San Antonio, TX, comprising a total of 323,949 square feet. The property was approximately 95% leased at the time of closing.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Undisclosed
- Buyer: Stephen Pyhrr - SynerMark Properties
- Buyer: Jeffrey Karsh - Tryperion Holdings
- Seller: Robert L. Worth, Jr. - Worth & Associates
- Brokers: Drew Fuller, Patrick McCord & Chuck King - JLL
The deal was facilitated by JLL, which represented the seller in the transaction. A partnership led by SynerMark Properties, which includes Tryperion Holdings, acquired the property from a joint venture led by Worth & Associates.
Players
Waynesville Office Market Snapshot
Boundary boundary · Office · 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