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“The renovations have created modern spaces that fit the needs of corporations and medical offices seeking to expand or relocate,” says Joel Bergstein, president, LEG.
The sale-leaseback structure has benefited both parties with steady cash flows generated from the long-term lease with State Farm and stable, long-term ownership and management for the tenants.
San Antonio continues to expand, causing one law firm to extend its lease with the ability to expand its existing space in an iconic building located on the city's renowned Riverwalk.
LEED certifications are important to environmentally-conscious tenants, but many now ask whether their offices can do more to foster good health among their employees.
The Hitachi Chemical unit signed a long-term lease and plans to create state of the art facilities to support the growth of its cellular therapeutic technologies.