Teralta Corporate Park, a suburban flex property built in 2017, was recently refinanced at $12.3 million. The interim loan was structured with a three-year term and an interest-only feature.
Bryan Leonard, senior vice president/managing director of Northmarq’s San Antonio debt/equity team, arranged the loan on behalf of the borrower, Sirell Properties, through its correspondent relationship with Aetna.
The single-story asset contains 58,389 square feet located at 4949 North Loop 1604 West in San Antonio. Teralta is an institutional grade two-building property with frontage on Loop 1604 near Interstate 10. The RIM mixed-use development is adjacent to the subject property, and La Cantera Resort, Six Flags and Shops at La Cantera are nearby.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.