SAN ANTONIO – A real estate firm with a global scope has added part of a local business park to its portfolio.
Investcorp, a Bahrain-based investment manager, recently acquired the site that encompasses 11803 to 11995 Starcrest Dr. from Los Angeles-based real estate firm Omninet Capital.
The properties carry a combined assessed value of nearly $18 million. The company appears to have acquired ten buildings in the sale.
Investcorp took out a $36.2 million loan from BankUnited as part of the transaction.
A separate entity—Starcrest Blossom LLC—continues to own a portion of the office park at 12095 Starcrest Dr.