August 15, 2016
Kennedy Wilson has purchased Northwest Atrium, a 93,540-square-foot building in San Antonio. The Austin-based buyer struck the deal with NWA LP of San Antonio. The sales price was undisclosed, but the Bexar Central Appraisal District assesses the property at $9.2 million.
The 30-year-old property, at 11550 W. IH 10 in the Northwest San Antonio submarket, is adjacent to University Park, a 3.2-million-square-foot master-planned business park. The asset was 89% occupied at closing. Tenants include Civil Engineering Consultants (CEC), Benefit Management and NovaTel.
Carrie Caesar, Todd Mills and Hunter Mills with CBRE’s San Antonio office, represented the seller.
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