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| Bandera Trails Retail Center, Helotes, TX |
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| Aaron Johnson |
DALLAS, TX –– HFF announces that it has closed the sale of Bandera
Trails, a 60,748-square-foot, fully leased retail center anchored by Gold’s
Gym in the northwestern San Antonio community of Helotes, Texas.
HFF marketed the property
for the seller, San Antonio BT Acquisition, LLC. Nooner Holdings purchased
the asset.
Bandera Trails is 100% leased to three
internet-resistant tenants, Gold’s Gym, Bandera Salon and Physician Prime Care
Management.
Situated on 6.11 acres at 11820
Bandera Road, the property is located at the intersection of Bandera Road and
East Charles William Anderson Loop, one of suburban San Antonio’s most
trafficked intersections with more than 144,000 vehicles per day.
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| John Taylor |
The center is in Helotes, one of
San Antonio’s most affluent suburbs. Within a three-mile radius of
Bandera Trails are more than 33,707 households with an average annual household
income of $102,936, and more than 80,342 residents are within a five-mile
radius.
Additionally, the center is proximate to four military bases.
HFF’s investment advisory
team representing the seller included director Aaron Johnson and
managing director John Taylor.
Eric Lehman of San Antonio-based
Lehman Real Estate represented the buyer.
Holliday GP Corp.
("HFF") is a Texas licensed real estate broker.
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| Eric Lehman |
Nooner
Holdings is operated by Sean Nooner, who sold a chain of local
convenience stores, and owns several other retail centers in and around San
Antonio and one of San Antonio's largest solar panel portfolios.
About HFF
HFF and its affiliates operate out
of 26 offices and are a leading provider of commercial real estate and capital
markets services to the global commercial real estate industry.
HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing.
HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visithfflp.com or follow HFF on Twitter @HFF.
HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing.
HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visithfflp.com or follow HFF on Twitter @HFF.
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| Sean Nooner |
CONTACTS:
AARON JOHNSON
TX
Lic. #560492
HFF
Director
(214)
265-0880
JOHN TAYLOR
TX Lic. #466052
HFF Managing Director
(210)
660-2104
KIMBERLY STEELE
HFF
Digital Content/Public Relations Specialist
(713)
852-3420
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