Description

Jones Lang LaSalle Americas, Inc. ("JLL") has been exclusively retained by ownership to offer qualified investors the opportunity to acquire Northpoint Business Park (the "Property" or "Northpoint"). This Class A multi-tenant industrial portfolio, totaling 325,520 square feet across three buildings, is strategically located in San Antonio, Texas, within the Northeast submarket with superior connectivity to Loop 1604 and Interstate 35. The Property boasts an additional 6.57 acres of dedicated trailer parking adjacent to the buildings, providing exceptional operational flexibility and efficiency. This substantial parking area enhances the site's functionality by accommodating large-scale distribution operations, reducing on-street congestion, and offering tenants the critical advantage of seamless truck maneuvering and staging capabilities directly on-site. More than half the tenants are publicly traded, credit-quality companies, further strengthening the stability of the income stream. Ownership has invested over $10.7M in capital improvements throughout their ownership period, including full roof replacements to TPO on Buildings 3 and 4, demonstrating a commitment to maintaining institutional-grade quality. IH-35 offers exceptional connectivity to one of America's most critical north-south transportation arteries, spanning from Laredo, Texas, the nation's busiest inland port, northward to the Canadian border, passing through major metropolitan areas including San Antonio, Austin, and Dallas-Fort Worth. Beyond serving as a premier cybersecurity hub with a thriving logistics sector enhanced by strategic access to both IH-35 and IH-10, San Antonio benefits from remarkable economic stability driven by one of the country's highest concentrations of military installations and a workforce exceeding 283,000 military and defense personnel. Northpoint offers prospective investors an exceptional opportunity to secure a newly developed, Class A industrial property within one of the nation's most dynamic growth markets within the booming Texas Triangle.

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