JLL Capital Markets negotiated the sale of Eisenhauer North Business Park, a newly constructed, three-building industrial park totaling 458,439 square feet in San Antonio, Texas.
JLL represented the seller, NIT Industrial, in the transaction. Goldman Sachs acquired the asset.
Completed in Q2 2023, the fully leased property consists of Building 1 at 119,200 square feet, Building 2 at 186,324 square feet and Building 3 at 152,915 square feet. The buildings feature modern, institutional-quality specifications including 32-foot clear heights, ESFR sprinkler systems, LED lighting and a mix of rear-load and front-load configurations. The park offers excellent functionality with 109 total dock-high doors, six drive-in doors, ample trailer parking with 163 spaces and 330 auto parking spaces.
Strategically located less than two miles from Interstate 35, Eisenhauer North Business Park provides an irreplaceable logistics location in northeast San Antonio. This proximity to I-35 allows tenants to efficiently serve the entire San Antonio-New Braunfels MSA while also providing convenient access to the broader I-35 corridor. The property’s position along this major NAFTA trade route enables excellent connectivity to key manufacturing centers, ports and airports throughout the region, putting all four major Texas markets within a three-hour drive.
The JLL Investment Sales and Advisory team representing the seller was led by Trent Agnew, Kyle Mueller, Witt Westbrook and Charles Strauss.
