Magi Real Estate Services

San Antonio, TX. Magi Real Estate has announce their first ever Office Space Giveaway.  On November 18, 2009, at Area Thirty-One Lounge, Magi tenant and San Antonio Celebrity Priest Holmes will be drawing on company from a list of registrants and award 18 months of free office space at the Brass Professional Center, a $68,000.00 value.  The winning company will have the opportunity to sign a lease for any length of term and for any size space and receive the first 18 months for free for the first 2,000 RSF of space.  Companies may register for the drawing at Magi headquarters at 10010 San Pedro, Suite 450 or at The Magi Real Estate services website: www.magifreespace.com

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San Antonio Business Journal – by Tricia Lynn Silva

Locally based brokerage business Magi Real Estate Services is carving out some collaborative space in one of its office properties — as a means of serving some of the Alamo City’s smaller tenants.

A special lease on Magi’s inaugural co-working space was signed earlier this week at The Atrium, which is located at 85 N.E. Loop 410 in North Central San Antonio. The 1,000-square-foot space will be occupied by three companies — a total of roughly eight people — according to Erik Darmstetter, founder and CEO of SalesBy5.

The firms will share expenses on the space — as well as pooling their resources together for the benefit of all three businesses. Read the rest of this entry »

Magi Real Estate has hired Mario Gonzalez to be the Vice President of Acquisitions and Development. Mario’s primary role is to secure development and acquisition investment opportunities for Magi Real Estate Services and Brass Real Estate Funds. Magi will focus its acquisition efforts on opportunities that are forming from today’s changing market environment. The company is currently active in Texas, Florida, Colorado and Utah.

Mario Gonzalez was previously the Vice President of Development for Koontz McCombs, where he was active in generating and facilitating the company’s multi-family development activities, including financial and market feasibility, construction financing, dispositions and site selection. Mario is a graduate of Texas A&M University, with a Master’s Degree in Land Economics and Real Estate. In addition, he was awarded a Bachelor’s of Business Administration from Sam Houston State University. He is a member of the Society of Texas A&M Real Estate Professionals and holds a Texas real estate license. Mario has completed more than 1500 hours of commercial and residential real estate appraisal. In December of 2004, Mario was a recipient of the San Antonio Business Journal’s 10th annual 40 Under 40 Rising Stars of San Antonio’s business community.

Rick Rodriguez, the founder of local real estate investment firm Brass Real Estate Funds, has created a new investment vehicle — one designed to take advantage of opportunities in the current recession that has soured real estate markets across the country.

Known as the Brass Opportunity Fund, the venture will focus on purchasing “quality real estate assets from owners facing liquidity traps caused by the upheavals in today’s credit markets,” Rodriguez explains.

While Rodriguez declined to name his financial partners or the amount of money currently available through the new Brass Opportunity Fund, he does say that the goal is to create a fund that will own about $100 million worth of real estate properties. Read the rest of this entry »

Magi Construction was awarded the construction contract for renovations and additions to the Universal City Police and Fire Departments. The project, worth $1,345,000.00, started October 27th. The police and fire departments will both remain in 100% operation during the planned 182 calendar days of construction.

The Universal City Police Department portion will include extensive renovations and a 4,200 square foot addition. Two new jail cells will be added along with a patrol room, EOC Training rooms, and new offices. The Fire Department will receive a 1,300 square foot addition plus renovations. The addition to this building will consist of the new living quarters and new bathrooms. Magi Construction’s Vice President of Operations, Chad Steinmetz, says his team is “proud to be chosen to work on this project, given the competition. We look forward to exceeding the expectations of the Universal City Fire and Police Departments.”

Ongoing concerns
Company seeks to help credit unions with disaster backup
By Tony Kindelspire
Longmont Times-Call

LONGMONT — Inspiration can come from many sources. The idea for a company new to Longmont was inspired by the anthrax attacks in Washington, D.C., shortly after the terrorist attacks in 2001.
Now, Ongoing Operations has brought that idea to the Creekside Business Park in Longmont. The Maryland-based company has opened a disaster recovery data center here that will serve credit unions throughout the Western United States, not just with data backup but with physical space.

Along with data-storage equipment, the location features office space where credit union employees can be relocated temporarily to maintain their company’s operations if a disaster prevents them from using their own facility.

“Within about 10 minutes, they can sit down and be fully functional,” said Kirk Drake, Ongoing Operations’ CEO. Read the rest of this entry »

From San Antonio Business Journal — Tricia Lynn Silva, September 12, 2008

Locally based Magi Real Estate Services is making a bold, eco-friendly move in its San Antonio office properties.

Magi has teamed up with another home-grown firm — Compass Recycling — to provide recycling service to a total of 18 properties that it leases and/or manages in the Alamo City.

Compass’ containers will be located in each office property — making it easier for tenants to recycle.

“This move by Magi could be a huge step for the city,” says Matt Dirienzo, president and founder of Compass Recycling. “My hope is that it will jump-start the change in the attitude, in terms of recycling (in the office market).”

Magi Real Estate was named among the 2007 CoStar Top Ten Leasing firms in San Antonio. Magi Real Estate’s Vice President of Leasing, Ryan Harrison, was named a 2007 CoStar Power Broker Award Winner, a very prestigious award. This award recognizes Ryan as one of the industry’s top performing commercial real estate professionals.

CoStar Group, Inc. is the number one provider of information services to the commercial real estate industry, and Real Estate Forum magazine, the industry’s leading news magazine. CoStar Power Broker Awards, now in its sixth year, recognize brokerage firms and individual brokers based on data at each year’s end. This data is taken from the companies and brokers in the markets CoStar covers, as well as company or individual broker volume of commercial property sale or leasing transactions in the CoStar database.

From San Antonio Business Journal — Tricia Lynn Silva, July 25, 2008

Brass Real Estate Funds has sold a 24,376-square-foot office and warehouse building at 4202 Dividend to Corpus Christi-based Kennedy Wire Rope & Sling Inc.

The purchase price was not disclosed.

Kennedy Wire, a leading supplier of wire rope, rigging hardware, slings and other oilfield and lifting products, also has plans to occupy the building once the current tenant — Australia-based Leisure Pools — moves into its new headquarters/manufacturing facility in New Braunfels later this year. Read the rest of this entry »

Contact: Erik Darmstetter 210-403-3916 – July 7, 2008

San Antonio, TX — Magi Real Estate Services has teamed up with Compass Recycling to provide recycling to all 18 of their properties in San Antonio, with in-office recycling service and pick-up. Until now, no company has brought in recycling at such a large magnitude, focused on multi-story buildings with custom indoor service. Unique for San Antonio recycling, Magi is bringing Compass’ containers into each office, making it simple for each tenant to recycle.

At this time, Magi Real Estate is Compass Recycling’s largest customer. Matt Dirienzo, President and founder of Compass Recycling says “This move by Magi could be a huge step for the city. My hope is that it will jump-start the change in the attitude of office buildings in San Antonio, in terms of recycling.” Magi is the first large commercial real estate company in San Antonio to make all of their properties green. Read the rest of this entry »