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U.S. Realty Advisors Acquires 618K-SF, 15-Acre former Andeavor Campus

U.S. Realty Advisors LLC closed on the 15-acre campus that once was the headquarters of oil refining company Andeavor. The New York City buyer acquired the San Antonio property from RMR Group Inc., headquartered in Newton, MA. CBRE’s Gary Carr, John Alvarado, Jared Chua, Evan Stone, Robert Hill, Jennifer Joseph and Hayley Onofrey represented the seller.

Though no purchase price was disclosed for the property at 19100 Ridgewood Pkwy. the buyer took out a $140-million acquisition loan from Goldman Sachs Bank USA. Additionally, several industry sources told the San Antonio Business Journal that offers neared $200 million.

The asset, which includes a 618,017-square-foot building, is leased through May 2029 to Marathon Petroleum Corp., which acquired Andeavor in September 2018. Marathon has been attempting to sublease three floors of the building since early 2019.

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