{"id":1004679704,"date":"2023-09-13T02:09:11","date_gmt":"2023-09-13T10:09:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004679704"},"modified":"2023-09-13T02:09:13","modified_gmt":"2023-09-13T10:09:13","slug":"triten-completes-and-sells-san-antonio-distribution-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/triten-completes-and-sells-san-antonio-distribution-center\/","title":{"rendered":"Triten Completes and Sells San Antonio Distribution Center"},"content":{"rendered":"\n<div class=\"wp-block-jetpack-slideshow aligncenter\" data-effect=\"slide\"><div class=\"wp-block-jetpack-slideshow_container swiper-container\"><ul class=\"wp-block-jetpack-slideshow_swiper-wrapper swiper-wrapper\"><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1208\" height=\"679\" alt=\"Connection Park Logistics Center\" class=\"wp-block-jetpack-slideshow_image wp-image-1004679706\" data-id=\"1004679706\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-1.jpg?w=1024\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-1.jpg 1208w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-1.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-1.jpg?resize=768,432 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-1.jpg?resize=1024,576 1024w\" sizes=\"(max-width: 1208px) 100vw, 1208px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">Connection Park Logistics Center is Triten Real Estate&#8217;s first industrial project in the area. All images courtesy of Triten Real Estate<\/figcaption><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"904\" height=\"678\" alt=\"Connection Park Logistics Center\" class=\"wp-block-jetpack-slideshow_image wp-image-1004679707\" data-id=\"1004679707\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-2-e1694506560397.jpg?w=904\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-2-e1694506560397.jpg 904w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-2-e1694506560397.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-2-e1694506560397.jpg?resize=768,576 768w\" sizes=\"(max-width: 904px) 100vw, 904px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">Connection Park Logistics Center<\/figcaption><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1208\" height=\"679\" alt=\"Connection Park Logistics Center\" class=\"wp-block-jetpack-slideshow_image wp-image-1004679708\" data-id=\"1004679708\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-3.jpg?w=1024\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-3.jpg 1208w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-3.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-3.jpg?resize=768,432 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/connection-park-logistics-center-3.jpg?resize=1024,576 1024w\" sizes=\"(max-width: 1208px) 100vw, 1208px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">Connection Park Logistics Center<\/figcaption><\/figure><\/li><\/ul><a class=\"wp-block-jetpack-slideshow_button-prev swiper-button-prev swiper-button-white\" role=\"button\"><\/a><a class=\"wp-block-jetpack-slideshow_button-next swiper-button-next swiper-button-white\" role=\"button\"><\/a><a aria-label=\"Pause Slideshow\" class=\"wp-block-jetpack-slideshow_button-pause\" role=\"button\"><\/a><div class=\"wp-block-jetpack-slideshow_pagination swiper-pagination swiper-pagination-white\"><\/div><\/div><\/div>\n\n\n<p><strong>Triten Real Estate<\/strong> has completed Connection Park Logistics Center, a 490,083-square-foot, Class A distribution center in San Antonio. The developer sold the newly constructed asset to <strong>Capstar Real Estate Advisors<\/strong>, according to Bexar County public records.\u00a0The same source reveals that <strong>Prime Finance<\/strong> provided a $34.1 million acquisition loan. <strong>JLL<\/strong> brokered the sale on behalf of both parties.<\/p>\n<p>The cross-dock industrial asset is at 6851 Cal Turner Drive and includes 36-foot clear heights, ESFR sprinkler systems, a 3,000-square-foot office component, 84 dock doors, four ramped doors, 253 vehicle parking spots, 95 trailer parking spots and an additional 3-acre area for storage and trailer parking.<\/p>\n<p>The 32-acre Connection Park Logistics Center is close to Interstate 10, 11 miles from downtown San Antonio and within 15 miles of San Antonio International Airport. Nearby large industrial users include Amazon\u2019s 4 million-square-foot fulfillment center, Tesla\u2019s 440,000-square-foot manufacturing facility and Dollar General\u2019s 1 million-square-foot distribution center.<\/p>\n<h2>Recent projects in San Antonio<\/h2>\n<p>JLL\u2019s team representing Triten Real Estate included Senior Managing Director Trent Agnew, Director Josh Villarreal, Senior Director Charlie Strauss and Analyst Greer Shetler, while the buyer was represented by Director Jarrod McCabe and Analyst Blake Jones.<\/p>\n<p>According to a JLL report, the San Antonio industrial market saw year-to-date absorption reach 1.5 million square feet as of June. Meanwhile, the same source shows that completions during this period totaled 3.4 million square feet, while an additional 6.1 million square feet were under construction.<\/p>\n<p>In August, Ackerman &amp; Co. commenced construction on a <a href=\"https:\/\/www.commercialsearch.com\/news\/ackerman-co-breaks-ground-on-511-ksf-san-antonio-industrial-park\/\" target=\"_blank\" rel=\"noopener\">two-building industrial project<\/a> in the metro. Corporate Drive Industrial Complex is planned to comprise 511,000 square feet of Class A space and is scheduled for delivery in 2024.<\/p>\n<p>Another large project was initiated by Koontz Corp. earlier this year\u2014the developer purchased 188 acres and plans to develop <a href=\"https:\/\/www.commercialsearch.com\/news\/koontz-corp-to-develop-2-8-msf-san-antonio-industrial-park\/\">Frontera Logistics Supersite<\/a>, a 2.8 million-square-foot, eight-building campus.<\/p>","protected":false},"excerpt":{"rendered":"<p>The asset was Triten&#8217;s first industrial project in the market.<\/p>\n","protected":false},"author":2991,"featured_media":1004679707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21783,21742,1607,51973],"tags":[52167,32796,39251,34119],"class_list":["post-1004679704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-investment","category-latest","category-san-antonio","category-southwest","tag-capstar-real-estate-advisors","tag-jll","tag-prime-finance-partners","tag-triten-real-estate-partners"],"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>Triten Completes and Sells San Antonio Distribution Center<\/title>\n<meta name=\"description\" content=\"Triten Real Estate completed a 490,083-square-foot industrial project in San Antonio. 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