USAA Real Estate Co. and Patrinely Group Announce New Development at La Cantera
SAN ANTONIO, May 13, 2013 /PRNewswire/ -- USAA Real Estate Co. and its development partner, Patrinely Group, LLC, announce WestRidge at La Cantera.
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WestRidge, a new, master-planned office development led by Patrinely Group, is located on La Cantera Parkway. The 42-acre property is planned for four office buildings, each consisting of approximately 128,700 square feet of Class A office space. WestRidge One will be the first 4-story office building proposed, with construction slated to begin 4th quarter 2013. The building is designed for LEED Silver certification.
Crimson Services, LLC, an affiliate of Patrinely Group, will oversee leasing and property management of WestRidge One. Travis Commercial Real Estate is the local listing broker on the project. "WestRidge at La Cantera will combine efficiency with the most attractive new office project in San Antonio. The access, amenities, and the strength of the development team of USAA Real Estate Co. and Patrinely Group will set WestRidge apart from any other office developments in the city," said Chuck King, co-founder of Travis Commercial Real Estate Services.
The project was unveiled to local brokers at a luncheon held May 8.
USAA Real Estate Co. is the master developer and owner of La Cantera, which has evolved into the most sought-after business and retail destination in the region. Other La Cantera developments include The Westin La Cantera Resort, The Shops at La Cantera and currently under development, The Residences at La Cantera.
For more information, visit www.westridgeatlacantera.com
About USAA Real Estate Co.
USAA Real Estate Co., with approximately $12 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, retail and hotel properties as well as investments in real estate operating companies. USAA Real Estate Co. is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.
About Patrinely Group, LLC
Patrinely Group is as a national real estate development firm specializing in commercial office and residential projects throughout the United States. For more information, visit www.patrinelygroup.com
About Crimson Services, LLC
Crimson Services provides property management and leasing services to real estate owners and users. Crimson currently manages approximately 3 million square feet of Class A office space throughout the United States. For more information, visit www.crimsonservicesllc.com
About Travis Commercial Real Estate Services, Ltd.
Travis Commercial Real Estates Services is a San Antonio-based, full service commercial real estate firm dedicated to providing a full array of services including property leasing and management, corporate services, investment sales, strategic planning and consulting facilities management and project/construction management. For more information, go to www.traviscommercial.com
SOURCE USAA Real Estate Co.
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