SAN ANTONIO—Houston-based Rockspring Capital has acquired a 10-acre commercial tract in San Antonio located at the corner of Military Drive and Loop 1604 in the Westover Hills submarket.
“Rockspring was able to secure this prime piece of property in a booming San Antonio submarket because of our ability to close deals in a quick timeframe with our all-cash acquisition model,” Jim McAlister IV, president and CEO of Rockspring Capital, told GlobeSt.com. “This land tract acquisition is a great example of how we operate and our expertise in Texas real estate investments.”
The property is positioned seven miles west of downtown and is surrounded by residential subdivisions, commercial uses, new business facilities, as well as SeaWorld.
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