Rittiman Trade Center, San Antonio, Texas

Rittiman Trade Center, San Antonio, Texas  Rittiman Trade Center, San Antonio, Texas
Property:
8-building industrial park
77,420 square feet
Acquired August 2019

Location: Northeast San Antonio in an established industrial submarket one mile from the intersection of interstate highways 410, 10 and 35. The area is most noted for the headquarters and distribution center for HEB, the largest grocery chain in Texas

Strategy: Infill value add. The park has free standing concrete tilt-up buildings with side yards that range in size from 8,600 SF to 17,000 SF. A condo map has been put in place and the building interiors are being renovated and 5 of the buildings will be offered for sale with the balance leased.