Energy Plaza One
Energy Plaza I is located at 8610 N. New Braunfels Ave. in San Antonio, Texas and was purchased in May 2011 with our lead partner Beacon Investment Properties.
Stable Tenancy/Financeable Cash Flow
88% leased to a diverse blend of established and reputable tenants with commitment to the property
Staggered rent roll with contractual lease steps offer an excellent cash flow base
Quality and location allows project to maintain top market rents
Tremendous Value Enhancement Opportunity
Superior Location
Capitalize on increasing North Central office market rents – up $2.65 from 4Q 2006Generate stable, predictable returns through tenant retention and lease up of vacant spaceHighway infrastructure improvements and barriers to entry will continue to generate increased demand at the property, push rental rates, and condense lease up time
Highly visible address with numerous entry points from Loop 410, Broadway Street, and Nacogdoches Road
Enhanced accessibility to all parts of San Antonio via newly constructed Loop 410/US Hwy 281 interchange (main north-south highway)
Desirable Working Environment
Minutes from San Antonio International Airport, Quarry Market, and North Star MallEasy neighborhood commute for key executives to and from most desirable residential neighborhoods (Alamo Heights, Olmos Park, Stone Oak)
One seven-story, institutionally-maintained office buildings totaling 88,162 square feet on approximately four acres
Elegant atmosphere with high-grade construction, granite and marble finishes, impeccable landscaping
Prestigious Petroleum Club located on-site, an upscale private dining and social establishment
Extensive amenities package - scenic views, flexible floor plate design, fine dining, meeting rooms, structured garage, card-key access, recycling
Strong Market Fundamentals
New corporate relocations and internal expansions combine to make San Antonio one of the few office markets in the country with positive net absorption (496,374 SF in first half of 2010)
