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| July 25, 2008 : | Rigging supplier ropes East Side building |
| July 7, 2008 : | Magi Real Estate Services Launches One of San Antonio’s Largest Office Recycling Programs |
| June 23, 2008 : | Brass Real Estate Funds Sells Dividend Building |
| May 16, 2008 : | Brass Real Estate is planning 500,000 s.f. office development in Alamo City |
| April 2, 2008 : | Brass Funds Purchases 25 acres on I-10 for New Class A Office Development |
| March 14, 2008 : | Brenda S. Younts, CPM, CCIM has joined Magi Construction as Director of Business Development. |
| December 11, 2007 : | Talk about gift of the Magi |
| December 10, 2007 : | Real estate firm is bulking up its build-to-suit business |
| August 23, 2007 : | Largest San Antonio Office owner, Magi Real Estate Services, leases over 51,000 SF to new tenants in the last quarter |
| February 10, 2007 : | Real Capital Analytics as of 2/16/07 |
| February 10, 2007 : | Office sale produces 43% profit |
| February 8, 2007 : | San Antonio’s Largest office investment fund,
Brass Real Estate Funds sells Mockingbird Plaza |
| October 5, 2006 : | The real estate is adding up |
| September 22-28, 2006 : | City’s largest office park purchased by local buyer |
| September 22, 2006 : | City's largest office complex changes hands |
| July 3, 2006 : | Investor Highlight - The MAGI Group |
| May 1, 2006 : | MAGI Real Estate adds and promotes key staff to Colorado and San Antonio offices |
| January 11, 2006 : | Brass Real Estate Funds adds 396,000 square feet to its assets |
| November 28, 2005 : | Real estate Roundup |
| February 25, 2005 : | Real estate fund charting aggressive growth strategy |
| November 29, 2004 : | Real estate fund acquires office property in the Medical Center |
| July 7, 2003 : | Fund group pursues mixed-use development in New Braunfels |
| April 21, 2003 : | Brass Funds Blasts Off |
| February 21, 2001 : | Texan Real Estate Developer Ventures into Unusual Territory |
| March 30, 2001 : | Developer pursuing housing projects on city's Southwest side |
| March 9, 2001 : | Mutual Benefit |
| March 1, 2001 : | Magi Realty Developing San Antonio Housing Project |
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Rigging supplier ropes East Side building
Tricia Lynn Silva
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.
Located on the city’s East Side, 4202 Dividend will give Kennedy Wire space to add to its stock of products for its customers throughout Central Texas.
The firm has been active in the San Antonio market since 1998.
Brass Real Estate Funds was founded in 1996 by Rick Rodriguez, who serves as president of the investment and real estate development company.
Each fund for a property purchase or development is set up as a limited partnership, with Rodriguez serving as the general partner for each LP.
The real estate assets in the company’s portfolio are valued at more than $200 million.
The Dividend property was one of three buildings purchased under a Brass Real Estate Fund partnership that also took ownership of The John Smith Medical Building in Northwest San Antonio and The Atrium in North Central San Antonio.
The John Smith property was sold in 2006.
At present, there are no plans to sell the remaining asset, The Atrium.
The Dividend building sale is the latest deal for Rodriguez — the man behind several large-scale investments in San Antonio’s office market.
One of his latest projects is Brass Gateway, a new Class-A office development that is expected to feature more than 500,000 square feet of space.
The project will be spread out over several buildings that will circle a prominent public space featuring waterfalls, eating areas and outdoor conference rooms.
Brass Gateway will be located on 25 acres of land off of Interstate Highway 10 and Heuermann Road on the city’s far Northwest Side.
Rodriguez says the development will serve as the “formal gateway into San Antonio from the West.”
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