Obsido Commercial Announces Sale of 14,004 SF Single-Tenant Retail Investment Property.
Obsido Commercial’s Investment Sales Team represented the Seller in the disposition of a 14,004 square foot net-leased retail property in San Antonio, Texas.
Joshua Swank and Ron Kotel, had the exclusive listing to market the property on behalf of the seller. Our team was able to secure multiple offers while marketing the asset and the property ended up selling to a private investor. The seller intends to utilize a 1031 tax deferred exchange to move funds into a multi-tenant investment asset.
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About Obsido Commercial
Obsido Commercial is building a modern commercial real estate platform focused on collaboration with our clients, pairing top talent with technology to make the sell, hold, and buy experience intelligent and seamless. We specialize in advisory services, transaction management, property sales, and 1031 Exchanges for investment properties including single-tenant and multi-tenant retail, industrial, office, and urban properties in Central Texas.
Founded in 2020, the firm has experience in closing commercial real estate transactions with a value of approximately $1 billion. Utilizing resources and technology on the forefront of our industry, we are committed to be viewed as Central Texas specialists you can trust. For our clients, this innovative & entrepreneurial thinking leads to bridging their objectives of today with their goals of the future. To learn more, please visit: www.ObsidoCommercial.com.