The Acquisition of a 300,000 Square Foot Class A Office Building in San Antonio, TX is Announced by Rosemont Realty
San Antonio – March 4, 2011 – Rosemont Realty LLC has added another Class A asset to its Texas portfolio with the acquisition of One International Center located on Loop 410 in the North Central Corridor, the city’s largest employment center.
San Antonio is growing at a rate twice the national average and provides a low cost of living to a young and diverse population. The city was recently titled one of the “Best Places for Jobs” by Forbes Magazine in 2010.
One International Center is in close proximity to San Antonio International Airport, North Star Mall, South Texas Medical Center and various tourist attractions. Major tenants include Christus Health, a healthcare system; Padgett, Stratemann & Co. L.P. , one of Texas’ largest locally owned certified public accounting and business advisory firms; and Thornton, Biechlin, Segrato, Reynolds and Guerra, L.C., a full service litigation law firm.
“One International Center is a significant addition to our current portfolio in San Antonio, a city we believe will be a top performer in the next decade,” comments Daniel Burrell, CEO of Rosemont Realty. “This property is the best positioned in the airport market and will benefit from its access and amenities as business activity grows in the coming years.”
The property features a modern steel and glass exterior, a two-story atrium lobby and an attractive outdoor seating area facing a series of fountains. Amenities include a five-level garage and additional surface parking area with space for over 1,000 vehicles, a ground floor café and a 24-hour manned security post in the main lobby.
About Rosemont Realty
Headquartered in Santa Fe, New Mexico, Rosemont Realty is a market leader in commercial property acquisition and asset management. The Company has regional offices in Houston, Dallas, San Antonio, Atlanta, Denver, and Albuquerque. Founded in 1991, Rosemont Realty and its predecessor Company have acquired over 30 million square feet of office property in 28 states. For more information about Rosemont Realty please visit www.rosemontrealty.com.
For further information on this property, please call Peter Mehlert at (713) 862-3333.