Union Square I&II_Property for Sale
Union Square I&II_Property for Sale

Union Square I&II

San Antonio, TX, US, Americas

Description

THE OPPORTUNITY

Jones Lang LaSalle ("JLL") is pleased to present the opportunity to acquire a fee simple interest in Union Square I & II (the "Property" or “Union Square”), a two-building office campus totaling 323,949 square feet in North Central San Antonio. The Property is 94% 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 3.4 years of WALT remaining. Strategically located off US-281 just north of Loop 410, Union Square is situated immediately adjacent to the San Antonio International Airport. The Property offers quick access to the city’s major business hubs while being nestled among San Antonio's most prestigious neighborhoods, including Castle Hills, Alamo Heights, Terrell Hills, Hill Country Village, Hollywood Park, and Shavano Park. The Property presents a rare acquisition opportunity in San Antonio—one of America's highest growth markets—at a significant discount to replacement cost.

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Attributes

Building area gross
323,948 sf
Occupancy
93.5%
WALT
3.4 years
Number of buildings
2
Building class
A
Union Square I&II (2 Properties)
Union Square I&II (2 Properties)

Media

Investment Highlights

  1. IRREPLACEABLE LOCATION AND VISIBILITY ALONG US-281
  2. 94% LEASED WITH DIVERSE TENANT BASE
  3. STRONG IN-PLACE CASH FLOWWITH SUBSTANTIAL VALUE-ADD OPPORTUNITY
  4. SIGNIFICANT DISCOUNT TO REPLACEMENT COST
  5. RESILIENT SAN ANTONIO OFFICE MARKET
Union Square I&II 4_Property for Sale
Union Square I&II 4_Property for Sale

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Last updated
2 Sep 2025