Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
5003 Stout Dr. Turns in Sale-Leaseback Transaction
The sale-leaseback of a 166,000-square-foot fully leased class-B manufacturing and distribution facility recently closed in San Antonio. The buyer and price were undisclosed.
Completed in 1985, the building was renovated in 2019. The facility serves as one of three manufacturing facilities and the corporate headquarters for Comet Signs.
5003 Stout Dr. is positioned on 8.43 acres at the intersection of interstate 10 and Loop 410. It is in the Northeast Industrial submarket, a short drive to both San Antonio International Airport and the Port of San Antonio.
JLL represented and marketed the property on behalf of the seller, Comet Signs, and entered into a long-term lease with the buyer. The JLL seller team was led by Dustin Volz, Stephen Bailey, Dom Espinosa, Joshua Villarreal and Matthew Barge.
- ◦Lease
- ◦Sale/Acquisition
