GALVESTON – Houston-based Satya Inc. has purchased 2.86 acres at 10327 Termini-San Luis Pass Rd. on the West End of the city’s seawall.
The property is adjacent to the Diamond Beach Resort. The zoning makes it possible for the property to be developed as a hotel or condominiums.
Satya is a primary investor in several local condominium developments.
IBC Bank provided the financing.
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Source: Houston Business Journal