(Read more on the industrial market.)

SAN ANTONIO-Following two years of negotiations, Cross & Co. and ProLogis have traded assets in three submarkets north of the Downtown. In the end, 667,000 sf of industrial space and 55 acres have been swapped.

Locally based Cross has acquired four buildings, totaling 204,000 sf, in the San Antonio Distribution Center at 3453 Interstate 35 North and four buildings, totaling 193,000 sf, in the I-35 Business Center at 12000-200 Crownpoint.

On the flip side, Cross turned over two bulk distribution buildings, totaling 271,000 sf in the Tri-County Industrial Park in Schertz, TX to ProLogis. A 139,000-sf building at 976 Associate Dr. is a multi-tenant asset and the other, 132,000 sf at 6413 Tri-County Pkwy. is leased to Valero Energy Corp.

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