June 29, 2018
Braun Enterprises has ventured into San Antonio, acquiring the 187,000-square-foot Century Building in the metro’s central submarket. The four-story office building at 84 N.E. Loop 410 was sold by Gemini Rosemont for an undisclosed price. HFF’s John Taylor and Kelsey Roop brokered the transaction.
Braun, which is headquartered in Houston, is planning a capital investment in its new property, which will include 25,000 square feet of collaborative office space, geared toward small and medium-sized tenants. The common areas will also be updated, and retail will be added. Boxer Property has been retained to handle office leasing.
Braun is targeting investment opportunities in San Antonio and Austin.
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