Texas | October 30, 2017

Whataburger Affiliate Continues Buying Spree

EG Tejas LLC, a company controlled by Whataburger President and CEO Preston Atkinson and other executives, acquired 28 acres at Loop 410 and U.S. 281 in San Antonio. A Dallas-based partnership sold the land; the sales price was not disclosed. The Bexar Appraisal District assessed the acreage at $9.7 million.

EG Tejas has been on a buying spree, acquiring 9.9 acres in early October 2017, which contains At Home and Tuesday Morning retail outlets. The just-bought acreage is also adjacent to an additional 18.6 acres that EG Tejas and RE Pecan, also controlled by Whataburger executives, acquired in 2017.

According to a spokesperson, the land supports the buyer’s acquisition and development strategy. EG Tejas is a real estate acquisition and development company.

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Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.