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300 East Sonterra Boulevard

Worth & Associates Acquires The Commons At Concord Park Office Campus In San Antonio For $108.116M
SOLDOffice

Worth & Associates Acquires The Commons At Concord Park Office Campus In San Antonio For $108.116M

300 East Sonterra Boulevard

Building Size

108,116 SF

Asset Type

Office

Closing

Jul 29, 2026

AI

The property involved in this transaction is an office asset located at 300 East Sonterra Boulevard, San Antonio, TX. The total square footage of the property is 108,116, comprising a four-building office campus. The buyer, Worth & Associates, has assumed leasing and management of the property, which is currently 85% occupied.

Summary of transaction details:

Shawn Gulley represented Worth & Associates in the transaction, while Todd Mills acted on behalf of the seller through Cushman & Wakefield. This acquisition expands Worth & Associates' portfolio to 3 million square feet.

Players

Shawn Gulley

Worth & Associates

Broker

4 deals

Broker

Hubbell 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