SAN ANTONIO – Aug. 29, 2022 – Stream Realty Partners has broken ground on five new industrial buildings on 45 acres directly across from San Antonio International Airport.
Stream, a national estate services, development, and investment company, aims to finish construction on Interpark Logistics Center in August 2023. The 689,215-square-foot development is bounded by U.S. 281, Wurzbach Parkway, West Avenue, and Interpark Boulevard. It will include five Class A office/warehouse buildings and five pad sites for future retail and commercial uses.
“This project represents one of the last true infill opportunities in San Antonio and is an ideal location for last-mile distribution users, showrooms, and warehouse companies needing a central location to service their customers, ” said Michael T. Kent, Executive Vice President of Stream San Antonio’s industrial team. “Warehouse companies want to be in the North Central part of San Antonio, but historically there were very limited availabilities. We were finally able to find a tract that has the necessary features for this type of business park.”
Interpark Logistics Center will feature five buildings ranging in size from 119,600 square feet to 155,475 square feet. Each structure will have a minimum of 24 dock doors with two drive-in ramps, 32-foot clear heights, 130-foot truck court depths, and Early Suppression, Fast Response (ESFR) sprinklers. Building details include:
· Building 1: 119,600 square feet, 24 dock doors, 49 trailer parking spaces, and 85 car parking spaces.
· Building 2: 155,475 square feet, 40 dock doors, 51 trailer parking spaces, and 223 car parking spaces.
· Building 3: 131,290 square feet, 24 dock doors, and 174 car parking spaces.
· Building 4: 131,290 square feet, 40 dock doors, six trailer parking spaces, and 206 car parking spaces.
· Building 5: 151,560 square feet, 26 dock doors, 19 trailer parking spaces, and 132 car parking spaces.
The business park will have eight points of entry that offer immediate access to Wurzbach Parkway and U.S. 281. It is 12 miles from Downtown San Antonio and within a 30-minute drive of a labor force with more than 2.1 million people.
Interpark Logistics Center is owned and overseen by Stream’s Investment Management Platform, which leverages expertise from Stream’s 14 local offices to make investment decisions based on real-time supply and demand fundamentals. Stream actively owns 38 investments of 17.5 million square feet and approximately $2.2 billion in assets under management. Kent and Vice President Payton Rion will oversee leasing for Interpark Logistics Center. Stream San Antonio will also provide property management services at the project, adding to the firm’s more than 10-million-square-foot leasing and management portfolio. For leasing information, contact Stream San Antonio at 210.930.3700.