Dogwood Commercial Acquires San Pedro Plaza Office Building From Buchanan Street Partners

The 163,000-square-foot San Pedro Plaza office building located at 7330 San Pedro Avenue in San Antonio has been acquired by Dogwood Commercial from Buchanan Street Partners. The property was assessed at approximately $20 million and has undergone significant renovations.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $20 million
• Buyer: Ben Appleby - Dogwood Commercial
• Seller: Timothy J. Ballard - Buchanan Street Partners
• Broker: JLL
• Market: San Antonio

With JLL facilitating the transaction, Dogwood Commercial secured $14.7 million in financing for the purchase of the San Pedro Plaza office building. The property is predominantly leased, adding to the investment value of the transaction.