{"id":1004634937,"date":"2022-12-14T02:38:24","date_gmt":"2022-12-14T10:38:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004634937"},"modified":"2023-04-19T02:40:11","modified_gmt":"2023-04-19T10:40:11","slug":"fort-capital-grows-san-antonio-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/","title":{"rendered":"Fort Capital Grows San Antonio Footprint"},"content":{"rendered":"
\"\"<\/a>

Starcrest Portfolio. Image courtesy of Fort Capital<\/p><\/div>\n

Fort Capital<\/strong> has added to its San Antonio footprint with the acquisition of the Starcrest Industrial Portfolio, a 465,648-square-foot campus, bringing its U.S. industrial holdings to more than 6 million square feet. The seller was Forester Properties<\/strong>, according to CommercialEdge.<\/p>\n

The same data provider shows that more than 3.3 million square feet of industrial space have changed hands in San Antonio since the beginning of the year. In one of the more significant transactions, KKR purchased a four-building, 576,047-square-foot Class A property<\/a> from Hines.<\/p>\n

A Class B property in the Airport submarket<\/h2>\n

Also known as Blossom Business Center, the campus came online in 1983. The eight-building asset comprises Class B light industrial facilities with 14- and 18-foot clear heights, grade-level and dock-high loading doors. Cavender & Hill Properties<\/strong> Vice President Thomas Bragg handles leasing at the property that was 89 percent leased at the time of sale.<\/p>\n

Located at 12005-12095 Starcrest Drive, the campus is roughly 5 miles from San Antonio International Airport and 14 miles north of downtown San Antonio. Its proximity to interstates 10, 35 and 410 provides convenient access to Austin, Houston Ship Channel or Port of Corpus Christi, Texas.<\/p>\n

The San Antonio industrial market shows strong fundamentals and, with Tesla and Apple entering the Austin-San Antonio corridor, the metro has the potential of becoming a strong manufacturing hub, Fort Capital CEO & President Jason Baxter said in prepared remarks.<\/p>\n","protected":false},"excerpt":{"rendered":"

With this acquisition, the company brings its industrial portfolio to more than 6 million square feet.<\/p>\n","protected":false},"author":2991,"featured_media":1004634941,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,1607,51973],"tags":[50710],"class_list":["post-1004634937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-san-antonio","category-southwest","tag-fort-capital"],"acf":[],"yoast_head":"\nFort Capital Grows San Antonio Footprint - CPE<\/title>\n<meta name=\"description\" content=\"Fort Capital has added to its San Antonio footprint with the acquisition of the Starcrest Industrial Portfolio from Forester Properties.\" \/>\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\/fort-capital-grows-san-antonio-footprint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fort Capital Grows San Antonio Footprint\" \/>\n<meta property=\"og:description\" content=\"Fort Capital has added to its San Antonio footprint with the acquisition of the Starcrest Industrial Portfolio from Forester Properties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/\" \/>\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=\"2022-12-14T10:38:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-19T10:40:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Starcrest-e1670853319463.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1065\" \/>\n\t<meta property=\"og:image:height\" content=\"798\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\/fort-capital-grows-san-antonio-footprint\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/\",\"name\":\"Fort Capital Grows San Antonio Footprint - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Starcrest-e1670853319463.jpeg\",\"datePublished\":\"2022-12-14T10:38:24+00:00\",\"dateModified\":\"2023-04-19T10:40:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Fort Capital has added to its San Antonio footprint with the acquisition of the Starcrest Industrial Portfolio from Forester Properties.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Starcrest-e1670853319463.jpeg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Starcrest-e1670853319463.jpeg\",\"width\":1065,\"height\":798,\"caption\":\"Starcrest Portfolio. 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