Publications

AUGUST 30, 2013

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

USAA Real Estate Co. acquires One Riverwalk Place

by Larry Gray

San Antonio–based USAA Real Estate Co. has acquired One Riverwalk Place, a 261,633-square-foot office property located in its own backyard. The 18-story, multi-tenant building is located in San Antonio’s central business district, and was sold by Boston-based Winthrop Realty Trust, which held the property through its Concord Debt Holdings CDO venture. A sales price was not disclosed.

USAA also holds another San Antonio office building in its portfolio, the 131,000-square-foot Colonnade Centre. In addition, the firm recently announced plans to break ground on WestRidge at La Cantera, a 42-acre master-planned office development in San Antonio that will include four buildings, each consisting of approximately 128,700 square feet of class A office space.  WestRidge One will be the first of the buildings to rise with construction slated to start in the fourth quarter 2013.

One Riverwalk Place went through for

Forgot your username or password?