SAN ANTONIO — Irvine, Calif.-based Faris Lee Investments has brokered the approximately $5.6 million sale of a 96,000-square-foot industrial asset in San Antonio.
The property is situated on five acres at 1949 Hormel Drive near the downtown area and is 100 percent leased to a single tenant: waste management firm Republic Services Inc.
Scott DeYoung of Faris Lee represented the buyer, a San Francisco-based private investor, in the transaction. Preserve West Capital represented the seller, an undisclosed institutional owner.