286 KSF San Antonio industrial facility trades for $14.4m
Ben E. Keith Co. which is beverage distributor, has sold a 285,476 square foot industrial facility in San Antonio to Provender Partners.
The buyer financed the acquisition with a $14.4 million, three year loan from Comerica Bank.
The facility is located at 5505 Kaepa Court. It is access to both interstates 410 and 35 and is served by Union Pacific Railroad. Its amenities include 40,184 square feet of cooler and 60,991 square feet of freezer space, 55 dock doors, along with 2 acres of trailer parking space.
In addition, Provender Partners purchased the 20 acre site asset with the intend to lease it. Founders Scott Delphey and Matthew Delphey from Food Properties Group, together with Endura Advisory Group Principal Charlie Hargis, will handle marketing and leasing at the property.
Source: CP Executive
Fulya Altunyay/ [email protected]