November 15, 2017
San Antonio – Transwestern’s San Antonio office today announces it has been retained to provide leasing services for Hunter Medical Plaza, a development by Kogut Commercial Real Estate and Mittman Real Estate. Transwestern Senior Vice President Ken Adams and Senior Associate ‘Licia Shreves are the leasing agents for the 26,000-square-foot medical office building at 2202 Hunter Road in San Marcos, Texas. The project is currently under construction with completion expected in third quarter 2018.
“We are excited to bring a Class A medical building to San Marcos, an underserved market with a burgeoning population,” said Jason Mittman, President and CEO of Mittman Real Estate. “We greatly appreciate the encouragement and market foresight of everyone who helped this project move forward, including Transwestern, LK Design Group, CEC Civil Engineering, Deitch Law Firm, and the Greater San Marcos Partnership.”
Hunter Medical Plaza is currently 38 percent pre-leased to MedFirst Primary Care, part of the BHS Physicians Network. The development will feature ample parking for both physicians and patients, as well as flexible floor plans with customized build-outs and signage opportunities. Situated on the corner of Hunter Road and Stagecoach Trail, Hunter Medical Plaza is in a booming trade area that grew more than 34 percent from 2010 to 2017 and boasts numerous residential and retail amenities. The property has 16,000 square feet available for lease and offers shell or build-out options using high-quality architectural guidelines.
“This development has already attracted the attention of one of the leading medical providers in the region, BHS Physicians Network, which has leased 10,000 square feet to house its MedFirst Primary Care practice,” said Shreves. “Recognized by Forbes as America’s Next Great Metropolis, San Marcos is rapidly becoming a primary target market for top-tier healthcare providers, and we expect to see continued strong demand for quality medical office space.”
Transwestern has expanded its healthcare leasing portfolio in San Antonio and Corpus Christi by more than 750,000 square feet in the past five months. Transwestern’s national Healthcare Advisory team has grown to become the country’s largest dedicated healthcare team, operating from 19 cities and including more than 130 members. The team provides a full range of services, including leasing, investment, tenant advisory, property management, project management, and construction services for hospitals, healthcare networks, physicians and investors.
Transwestern is a privately held real estate firm of collaborative entrepreneurs whodeliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the San Antonio office, follow @TranswesternSAT.
Yesenia M. Dominguez