CBRE announces a 147,840-square-foot lease for Southern Warehousing and Distribution at Interchange East Distribution Center in San Antonio. The San Antonio-based company is a full-service warehouse and shipping provider.
The industrial facility, located at 5050 Stout Drive at the intersection of Loop 410 and IH-10, offers a fenced truck court and parking, 22-foot clear height, 10 dock high doors, one ramped door and a sprinkler system.
“There is an increasing demand for large bulk warehouse space for local and regional product distribution in the San Antonio market,” said Josh Aguilar, vice president, Industrial & Logistics, CBRE. “This transaction represents the continuation of this trend.”
Mr. Aguilar and Rob Burlingame with CBRE in San Antonio represented the landlord, Prologis, in lease negotiations.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.