AÂ SynerMark Properties-led partnership purchased Union Square I & II, a 323,949-square-foot office campus in North Central San Antonio. Preferred equity was provided by Tryperion Holdings.
The seller was a joint venture led by Worth & Associates.
Union Square’s two-building campus consists of Building I, which was originally built in 1986 and offers 192,763 square feet across 10 floors, and Building II, which was constructed in 2006 and provides 131,186 square feet across six floors. The property is 95% leased to a diverse roster of tenants, including law firms, banks and financial institutions, government agencies, engineering and consulting firms, insurance companies, healthcare providers and real estate services companies with 3.1 years of weighted average lease term remaining.
Located at 10101 Reunion Place and 10001 Reunion Place, Union Square is off US-281 just north of Loop 410,.
JLL’s Investment Sales and Advisory team, representing the seller, was led by Drew Fuller, Chuck King and Patrick McCord.
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