Lydia Longoria-Moon, retail specialist with Cravey Real Estate Services, Inc., completed a lease to Stretch Zone in the Shops at La Palmera located at 4938 S Staples St, Corpus Christi, TX. Lydia represented the Tenant in the lease with Direct Retail Partners (Landlord). Direct Retail Partners is a Dallas based privately held and operated commercial retail real estate firm that specializes in the development, operations and marketing of shopping centers.

Stretch Zone founder Jorden Gold has pioneered the practitioner-assisted stretching industry over the last 20 years. With patent-pending equipment and a differentiated stretch methodology, Stretch Zone offers a low-cost, turnkey, rapid go-to-market strategy in a segment that serves young and old, active and inactive, competitive and elite, with a virtually limitless demographic base. There are 135 locations across 27 states.

About Cravey Real Estate Services, Inc.

Cravey Real Estate Services is a full-service commercial and industrial real estate company based in Corpus Christi, Texas. We sell, lease, and manage Commercial, Industrial, Warehouse, Office, Retail, Shopping Centers, Land, and Investment Properties in Texas. To learn more, visit our website at //craveyrealestate.com/.

NAI Partners has arranged a 4,048-square-foot office lease for Radiant RFIP at 1023 Springdale Road in Austin, Texas.

NAI Partners’ Todd Mahler represented the tenant in the transaction. The landlord was represented by Courtney Landers.

Matthew Cravey, President of Cravey Real Estate Services, Inc., completed a 32,592 SF lease to VeriTrust Corporation located at 4930 Old Brownsville Rd, Corpus Christi, Texas. The building was originally built and housed Nabisco. Matthew Cravey represented the Tenant in this lease with Stonewater Properties (Landlord). Stonewater Properties is a British Columbia-based real estate investment firm that provides clients with the opportunity to invest in select mid-market commercial properties

For almost 20 years, VeriTrust has been entrusted to manage and protect information assets for large and small businesses; including Fortune 100 Companies. VeriTrust currently serves the Greater Houston Area, including The Woodlands, Kingwood, Galveston Area, Texas City, Katy and Sugarland. As well as the Central Texas region, including Austin-Round Rock, San Marcos, Buda, Kyle, San Antonio-New Braunfels, Schertz and Seguin.About Cravey Real Estate Services, Inc.

Cravey Real Estate Services is a full-service commercial and industrial real estate company based in Corpus Christi, Texas. We sell, lease, and manage Commercial, Industrial, Warehouse, Office, Retail, Shopping Centers, Land, and Investment Properties in Texas. To learn more, visit our website at //craveyrealestate.com/.

Contact
Matthew Cravey, SIOR, CCIM
President
TX #203443
matt@craveyrealestate.com
(C) 361.877.2463
(O) 361.221.1915

Newmark announces it has completed the sale of The Standard at Legacy, a 323-unit, mid-rise, trophy multifamily asset located at 1938 E. Sonterra Boulevard in the Stone Oak area of San Antonio, Texas.

Newmark Vice Chairman Patton Jones and Managing Director Matt Michelson represented the seller, Embrey, a San Antonio-headquartered diversified real estate investment company that owns, develops, builds, acquires, and manages multifamily residential communities and commercial assets in targeted markets across the United States. The buyer was Sherman Residential, a Chicago-based multifamily investor and operator. The property was 98% occupied at the time of sale.

“Embrey is known for building exceptional-quality apartment communities in excellent locations,” said Jones. “The Standard at Legacy attracted institutions and private investors seeking a trophy, core asset in one of San Antonio’s most affluent suburban areas.”

Newmark announces it has completed the sale of Encore SoFlo, a 339-unit, mid-rise, trophy multifamily community located at 326 South Flores Street in downtown San Antonio, Texas.

The property traded from Encore Multi-family, a vertically integrated commercial real estate investment company, to SPI Advisory, a Dallas-based private equity firm that focuses on multifamily real estate. The purchase of the property represents SPI Advisory’s fourth multifamily acquisition—a total of 1,160 units—in the San Antonio market since August 2021. Newmark Managing Director Matt Michelson and Vice-Chairman Patton Jones represented the seller. Newmark Vice President Hank Glasgow and Senior Managing Director Braden Harmon of the firm’s Debt and Structured Finance group helped secure the acquisition financing on behalf of the buyer. The property was 92% occupied at the time of sale.

Foster CM Group, Inc. renewed 3,993 square feet at 8610 North New Braunfels in San Antonio, TX. Kacie Skeen and Kaila Brodeur represented the landlord, Hartman Income REIT.