Brass Real Estate Funds Sells Dividend Building
Contact: Erik Darmstetter 210-403-3916 – July 23, 2008
San Antonio, TX — Monday June 23rd, Brass Real Estate Funds sold the building at 4202 Dividend. The building is approximately fifteen years old and contains 24,376 square feet, 10,476 square feet is office space and the remaining 13,900 is warehouse and manufacturing space. The Dividend building is now owned by Kennedy Wire Rope & String. Kennedy plans to occupy the project once its current occupant, Leisure Pools, vacates later this year.
The Dividend building was part of the Brass Real Estate fund that originally included The John Smith building, which sold last year, and The Atrium Building on Northeast Loop 410, which is currently the last building left in the Fund. The Atrium is 88% occupied and not on the market for sale at this time. Read the rest of this entry »
