{"id":1004678512,"date":"2023-09-04T04:09:10","date_gmt":"2023-09-04T12:09:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004678512"},"modified":"2023-09-04T06:06:05","modified_gmt":"2023-09-04T14:06:05","slug":"harbor-capital-buys-san-antonio-industrial-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/harbor-capital-buys-san-antonio-industrial-building\/","title":{"rendered":"Harbor Capital Buys San Antonio Industrial Building"},"content":{"rendered":"<div id=\"attachment_1004678514\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/ca6c7def-09fa-9c49-0a5a-ca822c396a2e-e1693563190996.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004678514\" data-attachment-id=\"1004678514\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/harbor-capital-buys-san-antonio-industrial-building\/ca6c7def-09fa-9c49-0a5a-ca822c396a2e\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/ca6c7def-09fa-9c49-0a5a-ca822c396a2e-e1693563190996.jpg\" data-orig-size=\"460,345\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"ca6c7def-09fa-9c49-0a5a-ca822c396a2e\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The building is currently vacant. Image courtesy of Avison Young&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/ca6c7def-09fa-9c49-0a5a-ca822c396a2e-e1693563190996.jpg?w=460\" class=\"wp-image-1004678514 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/ca6c7def-09fa-9c49-0a5a-ca822c396a2e-e1693563190996.jpg?w=300\" alt=\"The building is currently vacant.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/ca6c7def-09fa-9c49-0a5a-ca822c396a2e-e1693563190996.jpg 460w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/ca6c7def-09fa-9c49-0a5a-ca822c396a2e-e1693563190996.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004678514\" class=\"wp-caption-text\">The building at 10120 Fischer Road was vacant at the time of the sale. <em>Image courtesy of Avison Young<\/em><\/p><\/div>\n<p><strong>Harbor Capital<\/strong> has purchased a 198,000-square-foot Class A industrial building in Von Ormy, Texas. <strong>Avison Young<\/strong> negotiated on behalf of the buyer, while <strong>JLL<\/strong> represented the seller, <strong>Becknell Industrial<\/strong>.<\/p>\n<p>The distribution and manufacturing facility was vacant at the time of the deal. Built in 2008, the property last changed hands in 2012, according to CommercialEdge. It includes 40-foot clear heights, a 7,000-square-foot office component, a drive-in door, 24 dock-high doors, a 130-foot truck court and 94 vehicle parking spots.<\/p>\n<p>Rising on approximately 10 acres, the property is close to interstates 410 and 35. The plot is within a Foreign-Trade Zone, 2 miles of San Antonio Intermodal Terminal, 13 miles from San Antonio and within 21 miles of San Antonio International Airport. Additionally, the asset is located within Freeport Business Centre, home to Amazon CIG Logistics, North Park Toyota and United Rentals, among others.<\/p>\n<p>JLL\u2019s team of Senior Managing Director Trent Agnew, Director Josh Villarreal, and Analyst Greer Shetler represented the seller, while Avison Young\u2019s team of Principal Stan Nowak and Analyst Sam Bush worked for the other party. Harbor Capital recently raised a fund to build out its Central Texas industrial portfolio, including looking out for strategic assets in the San Antonio Market market, said Nowak, in prepared remarks.<\/p>\n<p>In late 2022, another company expanded significantly in San Antonio: Fort Capital picked up <a href=\"https:\/\/www.commercialsearch.com\/news\/fort-capital-grows-san-antonio-footprint\/\">Starcrest Industrial Portfolio<\/a>, a 465,650-square-foot, eight-building campus. With the acquisition, the buyer increased its industrial footprint to more than 6 million square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 198,000-square-foot property hasn&#8217;t changed hands in more than a decade.<\/p>\n","protected":false},"author":2991,"featured_media":1004678514,"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":[33022,33009,32796],"class_list":["post-1004678512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-san-antonio","category-southwest","tag-avison-young","tag-becknell-industrial","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Harbor Capital Buys San Antonio Industrial Building - 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