Bob Trevino of the San Antonio office of Grubb & Ellis Co. represented the seller, Swain Baldwin Insurance's profit-sharing plan. Silvia Gangel of SiGA International brokered the deal for the buyer, DASI Inc.
Trevino tells GlobeSt.com that the building is situated on two acres at 500 Schertz Parkway, which he calls "a new growth corridor with lots of residential activity." He says the building is positioned in a block that serves as a confluence for offices and retailers, but no shopping centers. The previous tenant has moved out of the building. Schertz, which has nearly 20,000 residents, is part of the cluster of suburbs along Interstate 35 northeast of San Antonio.
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