{"id":1004149728,"date":"2016-08-09T05:49:27","date_gmt":"2016-08-09T13:49:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004149728"},"modified":"2020-05-13T22:41:41","modified_gmt":"2020-05-14T06:41:41","slug":"jll-completes-sale-of-villa-espada-apartments","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jll-completes-sale-of-villa-espada-apartments\/","title":{"rendered":"JLL Completes Sale of Villa Espada Apartments"},"content":{"rendered":"

By Anca Gagiuc, Associate Editor<\/em><\/p>\n

\"Villa<\/a>

Villa Espada Apartments, San Antonio<\/p><\/div>\n

San Antonio<\/strong>\u2014On behalf of 210 Development Group LLC<\/a>, JLL’s Capital Markets<\/a> team announced the firm has completed the sale of Villa Espada Apartments<\/a> located in the Mission del Lago neighborhood of San Antonio. The buyer is Windmill Investments<\/a>, which acquired the Class A asset for an undisclosed amount.<\/p>\n

Managing Director Scott LaMontagne and Senior Vice President Moses Siller led JLL\u2019s transaction team.<\/p>\n

\u201cThe south side of San Antonio has a very limited number of Class A multifamily assets,\u201d said LaMontagne. \u201cAs the area\u2019s first market-rate asset<\/a>, Villa Espada Apartments exemplifies the tremendous economic growth happening there. Villa Espada\u2019s high-quality amenities and location next to the interstate position it to draw strong leasing interest.\u201d<\/p>\n

\u201cVilla Espada will benefit from growth on the Southside and is the \u2018best in class\u2019 property in the immediate area,\u201d added Windmill Investments CEO Daniel Carter.<\/p>\n

Villa Espada was built in 2015, 1.5 miles south of Interstate 410 at 12910 Clubhouse Blvd. It’s also one block from the Mission de Lago golf course and minutes from the Toyota Manufacturing Plant, CPS Energy Plant, Brooks City-Base and the Texas A&M University \u2013 San Antonio campus. The community comprises 11 three-story buildings with 240 units in one- to three-bedroom floor plans. Community amenities include a pool with a tanning ledge and hammocks, 24-hour fitness center, clubhouse, pet park, fire pit and barbecue area. In-unit amenities include patios or balconies, walk-in closets and nine-foot ceilings.<\/p>\n

Image courtesy of Windmill Investments<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The community is located in the South Side of San Antonio, within the 520-acre, master-planned community.<\/p>\n","protected":false},"author":237,"featured_media":1004149729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,1607],"tags":[],"class_list":["post-1004149728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-san-antonio"],"acf":[],"yoast_head":"\nJLL Completes Sale of Villa Espada Apartments - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jll-completes-sale-of-villa-espada-apartments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JLL Completes Sale of Villa Espada Apartments\" \/>\n<meta property=\"og:description\" content=\"The community is located in the South Side of San Antonio, within the 520-acre, master-planned community.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jll-completes-sale-of-villa-espada-apartments\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-09T13:49:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-14T06:41:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Villa-Espada-Apartments-San-Antonio.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"681\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jll-completes-sale-of-villa-espada-apartments\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jll-completes-sale-of-villa-espada-apartments\/\",\"name\":\"JLL Completes Sale of Villa Espada Apartments - 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