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Welcome Group Snags Two Industrial Buildings in San Antonio
Houston-based developer-owner Welcome Group has acquired two industrial properties in San Antonio.
The properties include an 80,431 square-foot office/lab space on a 12-acre tract at 6203 Farinon Drive currently occupied by KCI USA Inc. The second property is a 43,860-square-foot office/lab facility on a nearly five-acre tract at 6603 First Park Ten Blvd. The building’s first phase opened in 1987 and its second phase was completed in 1995.
Ryan Wasaff of Welcome Realty Advisors and Cole Bercher and John Wilson of Welcome Group represented Welcome Group in both transactions. John Taylor of JLL represented the seller of 6203 Farinon Drive. Luis Garza of Transwestern represented the seller of 6603 First Park Ten Blvd. Financing for both acquisitions was provided by Frost Bank.
- ◦Sale/Acquisition