JLL Capital Markets announced that it has completed the sale of Union Square I & II, a 323,949-square-foot office campus in North Central San Antonio.
JLL marketed the portfolio on behalf of the seller, a joint venture led by Worth & Associates. A SynerMark Properties partnership purchased the asset, with preferred equity provided by Tryperion Holdings.
Union Square’s two-building campus consists of Building I, which was originally built in 1986 and offers 192,763 square feet across 10 floors, and Building II, which was constructed in 2006 and provides 131,186 square feet across six floors. The property is 95 percent leased to a diverse roster of tenants, including law firms, banks and financial institutions, government agencies, engineering and consulting firms, insurance companies, healthcare providers and real estate services companies with 3.1 years of weighted average lease term remaining.
Located at 10101 Reunion Place and 10001 Reunion Place, Un