Sageview Partners Acquires Westridge One And Two Office Portfolio In San Antonio For $61.2M
15955 La Cantera Parkway & 15935 La Cantera Parkway
Building Size
517,918 SF
Asset Type
Office
Closing
Feb 2, 2026
AI
The property asset involved in this transaction is an office portfolio located at 15955 & 15935 La Cantera Parkway in San Antonio. The total transaction involved a combined valuation of $61.2 million for the 258,959-square-foot office space, built in 2014, which includes tenants such as Harland Clarke, with 72,000 square feet available for lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $61.2 million
- Address: 15955 & 15935 La Cantera Parkway
- Market: San Antonio
- Square Footage: 258,959
- Buyer: Scott Boynton, Gardner Peavy & Jason Adkison - Sageview Partners
- Seller: Oxford Properties
SageView Partners, represented by Scott Boynton, Gardner Peavy, and Jason Adkison, successfully acquired Westridge One and Two from Oxford Properties. This transaction reflects active investment interest in the San Antonio office market.
Players
San Antonio Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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