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San Antonio shopping center under new ownership

​​SAN ANTONIO – Houston-based KM Realty Investment Trust Inc., a Houston-based REIT, has acquired ​a 32,449-sf shopping center from locally based GFR Development. 

City Base Commons is on 7.5 acres at S.E. Military Dr. and Old Corpus Christi Rd.

The project was 95 percent leased at the time of sale to tenants including Credit Human, Kung Fu Tea, Jimmy John’s, McAlister’s Deli, Raising Cane’s, and Smoothie King.

Texas logoGet more San Antonio-area retail news on the Texas Real Estate Research Center’s website:

​​​​Source: REBusiness Online

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