Austin and Griggs represented the landlord, Berridge Investments, in the lease. Phillip Price, Scott Lewis and Neal Golden with Newmark Knight Frank represented AACOG.

"AACOG is essential to the infrastructure and continued growth of San Antonio. We were excited to partner with AACOG and work on their behalf to ensure their goals for this project were accomplished," says Lewis. "With this relocation and fresh start, AACOG is well-equipped to continue its mission of enhancing the quality of life for the communities it serves."

With plans to re-brand the property and add new AACOG signage to the exterior, this building will offer greater visibility for the organization from the location on Loop 410 with close proximity to the Interstate 35 corridor.

"We are delighted about our decision to relocate," said Diane Rath, executive director for AACOG. "This space will allow us to be much more accessible for our clients, member governments and community partners. Not only is the location more visible, the extra office space and increased parking will afford us the opportunity to offer more resources, more classes and more educational workshops for the communities and partners we serve."

John Clamp, AACOG chief financial officer, echoed Rath's enthusiasm.

"We are fortunate enough to have capitalized on this opportunity that will allow the agency to expand, while also offering some space for community partners who may also be looking for a new home," he says.

AACOG tells GlobeSt.com that it is working toward making its services available to clients on the first floor which will be more convenient for its service population. The team is also hoping to expand training space in the building.

"AACOG's tenancy will naturally provide a boost to the nearby retail and restaurants as employees utilize those businesses, not to mention the impact of AACOG's visitors," Austin tells GlobeSt.com. "There is still approximately 12,000 square feet of contiguous space on the top floor of the building as well as up to 22,000 square feet available at the Plaza Building, a single story sister building. AACOG looks forward to utilizing the incredible visibility of the building to their advantage."

Recent solid job growth and a lower unemployment rate suggests continued growth in the San Antonio economy, according to a report by NAI Partners. In 2019, San Antonio's labor force expanded 2.1%, slightly above 2018's 2%. Job growth in the fourth quarter showed construction posting strong gains at 15.2% or 2,160 net jobs.

Leisure and hospitality registered at 12.5% or 4,190 jobs, and manufacturing listed an increase of 9.6 % or 1,200 jobs. In December, the metro unemployment rate dropped to 3%, while the state jobless rate ticked up to 3.5%, and the nation remained at 3.5%.