SAN ANTONIO - October 3, 2017 - CBRE announces San Antonio-based Ace Mart Restaurant Supply leased a 214,536-sq.-ft. warehouse at 9850 Doerr Lane in Schertz, Texas. The restaurant supply servicing company will use the facility as a distribution center for its 14 Texas retail stores.
Rob Burlingame and Greg Pierce of CBRE represented Ace Mart. Joshua Aguilar of CBRE and Jordan Walker of HPI represented the landlord, HPI. HPI purchased the building in May and reached 100 percent occupancy with this single transaction.
"Demand continues for large, bulk warehouse space in the San Antonio region, supported by its central location and access to north-south and east-west arterials," said Joshua Aguilar, Vice President, CBRE. "The warehouse was delivered to the market in March and checked all of the boxes for Ace Mart's centralized distribution center, including cross-dock configuration, access to Interstate 35 and proximity to its headquarters."
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
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