March 1, 2022
Ackerman & Co. Makes Debut in San Antonio Industrial Market with 307,000 SF Development
Class A distribution center offers outstanding location serving growing distribution demand between San Antonio and Austin.
San Antonio, TX, March 1, 2022 – Ackerman & Co. today announced the company’s first industrial development in San Antonio, Doerr Lane Logistics Center, has broken ground with an expected completion date of February 2023. The property is located in Schertz, Texas, and will deliver 307,000 square feet of Class A distribution space.
Strategically located in Northeast San Antonio along the Texas Triangle in Schertz, Texas, advantages include convenient access to I-35, Loop 1604, and I-10; access to the deep labor pool in the San Antonio metro area’s population of over 2.4 million; and synergies with other corporate distribution neighbors including Amazon, FedEx, O’Reilly, Penske, and T.J. Maxx.
“With San Antonio industrial demand outpacing construction supply, we are confident that Doerr Lane Logistics Center will be a key addition to our industrial portfolio as a Class A offering in the market,” said Jeff Bryant, Senior Vice President and Principal at Ackerman & Co. “Not only will this location create ample opportunities for tenants to collaborate with the other corporate industrial centers in the area, but it sits at an ideal point between San Antonio and Austin, an area that has become known as the Texas Triangle, a megaregion that is growing faster than any other in Texas.”
Upon completion, the property’s state-of-the-art features will include 32’ clear height; ESFR sprinkler system; finished-to-suit office space; two drive-in doors (12’ x 16’); 80 docks with overhead doors (9’ x 10’); 318 auto parking spaces; 96 trailer spaces; a 60’ x 52’ loading bay; and 45’ x 52’ interior bays. In addition, the site features 2 acres of pavement for additional parking (67 trailer spaces/194 auto spaces) or outside storage.
John Colglazier, Jr., Carlos Marquez, and Kyle Kennan of NAI Partners—the commercial real estate services business of Partners Real Estate Company—are the exclusive leasing agents for Doerr Lane Logistics Center. Mr. Colglazier, Mr. Marquez, and Mr. Kennan previously arranged the sale of the land parcel to Ackerman & Co.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 37 million square feet of office, medical, industrial, retail and mixed-use space, has 4.5 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com
About NAI Partners
NAI Partners was founded and is headquartered in Houston and has offices in San Antonio and Austin; offers the geographic expertise to complete real estate transactions throughout the state; and can leverage the power of the NAI Global network to arrange deals in any location around the world. NAI Partners employs more than 180 real estate professionals, and arranges more transactions than any of its competitors, completing over 700 commercial lease and sale arrangements every year. NAI Partners is a full-service firm providing client solutions for Office, Industrial, Retail, Life Sciences, and Multifamily product types across Brokerage Services, which includes Tenant Representation, Project Leasing, Investment Sales, and Land Sales; Landlord Services, which includes Property Management and Facilities Management; Valuation Services, which includes Lending Appraisal, Appraisal Review, Portfolio & Financial Reporting, and Tax, Litigation & Due Diligence Advisory; and Project Services, which includes Construction Management and Space Management. Visit us on the web at www.naipartners.com. NAI Partners’ holding company is Partners Real Estate Company, which also owns real estate investment and development platform Partners Capital. Visit Partners Real Estate Company on the web at www.partnersrec.com.