Partners Real Estate announced that Evergen Equity has successfully acquired an industrial outdoor storage project in Southwest San Antonio’s manufacturing hub.
Partners, which was already actively involved in the leasing of the property, will continue its role under the new ownership, ensuring seamless operations and strategic growth.
The acquired property, located at Speedway Park, Von Ormy, Texas, includes approximately 26 acres tailored for industrial use, making it a significant addition to Evergen Equity’s portfolio. This area, noted for its limited IOS supply, is adjacent to major manufacturing facilities including Toyota Motor Corporation, Navistar Inc., and JCB, which have recently invested over $1 billion into local operations.
Troy Marcus, Evergen Equity’s Founder expressed enthusiasm about the acquisition, stating, “This strategic purchase not only expands our footprint in a key manufacturing zone but also enhances our portfolio with a high-potential industrial outdoor storage assets from the Port of Los Angeles to the Port of Savannah. We are pleased to continue our partnership with Partners Real Estate to manage the leasing aspects, ensuring top-tier service for our tenants and maximized asset performance for the community.”
The property features a comprehensive setup including a 7,500 sq. ft. truck terminal with office space and service bays, and a large, stabilized yard, making it ideal for supporting high-volume industrial activities.
