The New Year was rung in with the completion of a new industrial Park, consisting of 160,000 square feet, in San Antonio, Texas. East Group Properties decided that 2008 will be a year of expansion, development and growth in the blooming city of San Antonio.
The year 2008 was rung in with the completion of an industrial park. The industrial business center adds 160,000 square feet to valuable pre-existing San Antonio industrial space. The industrial park is located in the north central part of the city.
This is just one venture among many for East Group Properties. East Group Properties has announced the completion of the Westmore Business Center II for the beginning of January. The industrial business center is a “three-building campus” that is a part of the submarket of North Central.
The industrial business center is designed to provide access to the San Antonio International Airport, Wurzbach Parkway and Highway 281. There are plans being drawn up to add a fourth building that will total over one-hundred thousand square feet. It is unclear when construction on the fourth building will begin.
San Antonio commercial real estate is a terrific investment. The leasing of all of the buildings and the management of the property is being handled by Cavender & Hill Properties.
The new industrial business center is a prime opportunity to become a part of the San Antonio real estate market. This is one hot commercial development project that will be completed within the next few weeks. There are other development projects that are currently underway in the city.