New Lease Expands TQL’s Total Space in Worth & Associates’ Exchange Tech Center to 42,269 Square Feet
SAN ANTONIO—JUNE 15, 2022. Worth & Associates, San Antonio’s premier commercial real estate developer, has signed a new lease with Total Quality Logistics (“TQL”) to expand its existing operations by 17,590 square feet in Exchange Tech Center, bringing TQL’s total leased space in the center to 42,269 square feet. The company will use the space for a logistics center.
With this new lease, only 7,974 square feet remains available for lease on the first floor of Exchange Tech Center.
“We are delighted to welcome TQL to our Worth family of tenants and are especially gratified by their decision to significantly expand their leased space so quickly,” said Worth & Associates Senior Vice President of Leasing and Acquisitions Shawn Gulley. “We hope that Exchange Tech Center is an ideal location for their best in-class logistics operation and team culture in terms of both the space itself and its easily accessible location. TQL is highly respected and a leader in their industry — and we value their trust in Worth & Associates to suit their real estate needs.”
Last September, TQL leased the entire second floor of Exchange Tech Center, which encompasses 24,679 square feet, and moved into that space in April. In March of this year, before taking occupancy of the second floor, the company leased an additional 17,590 square feet on the building’s first floor and expects to move in sometime this fall. Currently, TQL is the only tenant in Exchange Tech Center; with this new lease, only 7,974 square feet remains available in the building.
Bryan Sethney, of Cushman & Wakefield, represented TQL in the lease negotiations. Shawn Gulley and Rob Gish represented Exchange Tech Center on behalf of Worth & Associates.
TQL is the second-largest freight brokerage firm in North America, employing more than 10,000 people nationwide, with over 200 employees based in San Antonio. The company plans to continue to invest in the region by hiring more employees, visit TQLjobs.com for more information.
Exchange Tech Center is a two-story, 50,243-square-foot office building located in the northwest submarket of San Antonio at the intersection of Wurzbach Road and Exchange Parkway. This location provides excellent access to Bandera Road and Loop 410 and is just 12 minutes from the San Antonio International Airport. It close to numerous desirable neighborhoods and apartment homes, as well as a wide range of retail shops, hotels, restaurants and public transportation options.
About Worth & Associates
Worth & Associates is a locally owned San Antonio commercial real estate development, investment and brokerage firm that operates exclusively in South Texas. With a stable portfolio of more than 3 million square feet of commercial real estate properties owned and managed internally, Worth & Associates exceeds clients’ expectations by offering exceptional customer service, with a focus on developing flexible, highly efficient buildings and space plans designed to meet tenants’ long-term business needs. For more information, visit //worthsa.com.
Total Quality Logistics (TQL) creates greater supply chain efficiencies for our customers by combining industry-leading technology with unmatched customer service. Customers and carriers turn to us daily to solve their transportation needs with competitive pricing, continuous communication and a commitment to do it right — every time. Through our comprehensive portfolio of logistics services and network of 130,000+ carriers we move 3 million loads of freight annually. Our company and employees make the world a better place by donating thousands of volunteer hours and millions of dollars each year through TQL Cares and the TQL Foundation. We are proud to be the naming rights sponsor of TQL Stadium, home of Major League Soccer’s FC Cincinnati. Founded in 1997 in Cincinnati, Ohio. TQL is one of the largest freight brokerage firms in North America, with 10,000+ employees in 56 offices across the U.S. Learn more at TQL.com.