Obsido Commercial arranges multi-tenant retail/flex sale off Broadway in San Antonio, TX
Obsido Commercial represented the buyer in the sale of a multi-tenant retail/flex asset with staggered lease terms with Broadway frontage just north of Loop 410 in San Antonio, Texas.
“Despite issues in the financing markets, this asset’s location in a desirable submarket in San Antonio generated a great deal of interest during our sales process.”, said Ron Kotel, Partner of Obsido Commercial.
“We continue to observe a high level of interest in San Antonio, of which this transaction is unquestionably a part.,” added Joshua Swank. “This sale illustrates the robust market for properties with a high occupancy rate, excellent local demographics, and a convenient location.” said Joshua Swank, Managing Partner of Obsido Commercial.
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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.