SAN ANTONIO, TX-Thompson National Properties LLC has acquired Titan Building and Titan Plaza, a two-building office project totaling 131,619 square feet.
The Irvine, CA-based investor purchased the class B properties out of receivership from CW Capital for an undisclosed amount. The seller was represented by Alan Grilliette and Hale Umstattd of Transwestern. TNP represented itself in the transaction.
Situated on approximately 7.6 acres, Titan Building is a six-story, 103,395-square-foot building, and Titan Plaza is a single-story, 28,224-square-foot building. Titan Building is 83% leased, while Titan Plaza is 44% leased.
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