Dallas, Texas – A German Family Office represented by International Capital acquired a ground lease to a Capital One bank in San Antonio in March of 2017. The 74,000 sq. ft. parcel is located at an intersection of major thoroughfares in the north-west of San Antonio. The bank
branch has been established at the busy intersection since 2008. The lease has more than 7 years remaining with additional 25 years in options. The combination of a low-risk investment with a credit tenant, an attractive return, the excellent location of the property, as well as the potential for future development possibilities were decisive factors for the investor. Closing of the all-cash transaction occurred within 2 months of opening escrow.
Martina Crevecoeur, CCIM, International Capital’s Vice President of Acquisitions/Dispositions represented the Family Office in the transaction.
International Capital, LLC is a boutique real estate advisory firm with over 35 years experience representing more than 100 legal entities in its capacity as asset manager and as property manager. The company handles a portfolio of more than 20 properties in the southwestern United States. Offering a wide range of commercial real estate services, specialties include the acquisition, disposition, management and administration of commercial investment properties. Land and property development, funds conception, mezzanine financing and cash management are also integral parts of the company’s portfolio.