Hines has sold Corner Ridge Crossing, a four-building, class A+, last-mile industrial park totaling 576,047-square-feet in San Antonio.
KKR acquired the asset through its Americas opportunistic equity real estate fund.
Completed in 2020, Corner Ridge Crossing is well leased to a strong mix of national and regional tenants, including publicly listed multinational ecommerce and food and beverage companies. The property includes four state-of-the-art industrial facilities: one cross-dock, one front-load and two rear-load buildings. Each building has clear heights of 28 to 32 feet, 28- to 60-foot dock high doors, and truck courts ranging from 130 to 210 feet.
The buildings are located inside of the master planned Cornerstone Industrial Park which is in a strategic infill location in the heart of the San Antonio-New Braunfels metropolitan statistical area with immediate access to Interstate 10, Interstate 35 and Loop 410. These major throughfares p
