Corporate Office Properties Trust Acquires 80,000 Square Foot Office Building In San Antonio For $21M

Corporate Office Properties Trust acquired an 80,000-square-foot office building at 3900 Rogers Road, San Antonio, Texas. The property is situated on 9 acres and was previously listed for $21 million. The asset is located in the Westover Hills area of San Antonio and is part of the market catering to defense-related properties.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $21 million
• Buyer: Stephen Budorick - Corporate Office Properties Trust
• Seller: Trans American Research & Development Corporation
• Broker: Kris Forks - Kuper Sotheby's International Realty
• Square Footage: 80,000
• Acres: 9

Stephen Budorick, representing Corporate Office Properties Trust, is known for his focus on building a portfolio that includes defense and data center assets. The seller, Trans American Research & Development Corporation, facilitated the transaction as part of its property management strategy. Kris Forks of Kuper Sotheby's International Realty acted as the broker in this real estate deal.