Gray Street Partners Sells Gateway Plaza Retail Center In San Antonio For $16.7 Million

The sale involved Gateway Plaza, a retail asset that encompasses 179,327 square feet located at 7121-7171 West Us Highway 90 in San Antonio, TX. The transaction was valued at $16.7 million. The property features a 90% occupancy rate and includes notable tenants such as Ollie’s, dd’s DISCOUNTS, Dollar Tree, and DG Market. The center underwent renovations in 2024.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $16.7 million
• Address: 7121-7171 West Us Highway 90
• Market: San Antonio, TX
• Asset Square Footage: 179,327
• Seller: Kevin Covey - Gray Street Partners
• Broker: The Palomar Group

The deal was brokered by The Palomar Group, who facilitated the transaction between Gray Street Partners and a regional real estate investment firm. Kevin Covey represented the seller in this transaction.