November 7, 2018
Ackerman & Co. Makes Extensive Interior Renovations to 4-Building Medical Office Portfolio in San Antonio
Renovations by firm and ownership partners Artemis Real Estate Partners and MLL Capital complete phase one of the transformation into the top medical office space in San Antonio market
SAN ANTONIO, November 7, 2018 – Ackerman & Co. has completed interior renovations at its four-building, 486,006-square-foot San Antonio medical office portfolio, part of an initiative to transform the properties into the highest-quality, Class A medical office buildings in the market.
The extensive improvements to lobbies, common areas and elevators are part of a $27-million capital investment into the portfolio.
Rosa Verde Tower and Santa Rosa Professional Pavilion renovations:
Northwest Tower I & II renovations:
Ownership partners Ackerman & Co., Artemis Real Estate partners and MLL Capital began the improvements in 2017 shortly after purchasing the portfolio, which includes Northwest Tower I & II on the campus of CHRISTUS Santa Rosa Hospital, and the Rosa Verde Tower and Santa Rosa Professional Pavilion buildings located on the campus of the CHRISTUS Children’s Hospital of San Antonio.
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 more than 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 8 million square feet under management and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com