K-W Nabs 93K-SF San Antonio Office

Kennedy Wilson has purchased Northwest Atrium, a 93,540-square-foot building in San Antonio. The Austin-based buyer struck the deal with NWA LP of San Antonio. The sales price was undisclosed, but the Bexar Central Appraisal District assesses the property at $9.2 million.

The 30-year-old property, at 11550 W. IH 10 in the Northwest San Antonio submarket, is adjacent to University Park, a 3.2-million-square-foot master-planned business park. The asset was 89% occupied at closing. Tenants include Civil Engineering Consultants (CEC), Benefit Management and NovaTel.

Carrie Caesar, Todd Mills and Hunter Mills with CBRE’s San Antonio office, represented the seller.

All Texas. Every day, direct to your inbox. Beginning Sept. 19. Sign up here to receive Connect Daily Texas.

For comments, questions or concerns, please contact Amy Sorter