SAN ANTONIO - Transwestern Real Estate Services (TRS) announces globally renowned communications firm Spectrum has signed a renewal/expansion lease for a total of 87,597 square feet in the Crosswinds Business Park located at 11826 Tech Com Way in San Antonio’s Northeast submarket. Transwestern Vice President Charlie Weil and Vice President Luis Garza provided office leasing services on behalf of Briar Meads Capital.
“I am extremely proud of our team and their ability to think outside the box to get deals done, delivering exceptional service and value for our clients,” said Weil.
The expansion of Spectrum resulted in Crosswinds Business Park Building B now being fully leased and well-positioned for sale. The transaction marks one of the largest square footage leases in the Northeast submarket in the past 20 years.
“Despite a slowing economy, San Antonio remains one of the best environments for business, and we were able to deliver a long-term credit Tenant on behalf of our client,” said Luis Garza.
About Briar Meads Capital
Briar Meads Capital ("BMC") is a private investment management firm that specializes in the acquisition of deep value-add assets in the United States. BMC targets assets that tend to be overlooked by institutional investors in the $25-75 million range.
The company's emphasis is on areas with limited competition, particularly in small to mid-sized capital structures; this combined with the willingness to take advantage of new opportunities in specialized segments of the distressed market are essential to the overall approach.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners, and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
Media Contact:
Kimberly Monk
210.253.2920
kimberly.monk@transwestern.com
twmediarelations@transwestern.com
