Kennedy Wilson Represents Hartman on Lease Transaction in South Texas Medical Center

Galen College of Nursing expands to nearly 68,000 SF at One Technology Center
 
 
One Technology Center
One Technology Center
 
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* Lease
* Brokerage
* Commercial Real Estate

Industry:
* Real Estate

Location:
* San Antonio - Texas - US

SAN ANTONIO - June 17, 2016 - PRLog -- Global real estate investment company Kennedy Wilson (http://www.kennedywilson.com/) represented Hartman Income REIT Management, Inc. (http://www.hi-reit.com/) (Hartman), on a lease with Galen College (http://www.galencollege.edu/) of Nursing to expand to nearly 68,000 square feet at One Technology Center, located at 7411 John Smith Drive in San Antonio.

         With a more than 20-year history of high-rise office landlord representation at Kennedy Wilson in San Antonio, Suzanne Havekost, managing director of leasing and brokerage, represented the landlord and negotiated directly with the tenant on the transaction.

         "This transaction was years in the making and resulted in the most ideal scenario for both landlord and tenant," said Havekost. "One Technology Center is situated in a prime location within the renowned 900-acre South Texas Medical Center, making it an ideal space for a nursing college like Galen, dedicated to supporting the increasing demand in the local healthcare community, to grow. San Antonio is hot right now, and we're looking forward to continually strengthening our deep-rooted relationships with building owners and managers, like Hartman, across the market."

         Galen, one of the largest private nursing schools in the United States, first leased 24,000 square feet at One Technology Center in 2008 and then grew to occupy approximately 41,800 square feet several years later, while still maintaining an extended campus less than three miles away at 4440 Piedras Drive South in San Antonio. Both will now be located in the heart of South Texas Medical Center at One Technology Center.

         "Hartman strategically focuses on partnering with entities that further our goal of creating value for our investors," said Al Hartman, CEO of Hartman. "It was a pleasure working with Kennedy Wilson on this transaction. Suzanne has a reputation for being one of San Antonio's most respected and toughest agents, and she truly grasps our vision for One Technology Center."

         One of 48 properties operated by Hartman, One Technology Center is a 14-story, 196,000-square-foot office building, well-located on the west side of the South Texas Medical Center. In addition to Galen College of Nursing, the property is currently occupied by a diverse mix of full-floor tenants including the Veterans Administration, University of Texas Health Science Center South, BSG and Progressive Insurance.

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About Kennedy Wilson Brokerage

Kennedy Wilson is a global real estate investment company that offers brokerage as a part of a comprehensive array of real estate services. Specializing in the leasing and sale of commercial and multifamily properties, the brokerage team represents tenants and landlords on every aspect of site selection, negotiation and occupancy. Headquartered in Beverly Hills, brokerage services are also offered at Kennedy Wilson offices in Austin, Chicago, Las Vegas, San Francisco and Sacramento. For further information, please visit www.kennedywilson.com/brokerage.

About Hartman Income REIT Management, Inc.

Since 1983, Hartman Income REIT Management Inc., a premier property management company, has overseen the operations of commercial properties, including office, retail and industrial, throughout Dallas, Houston and San Antonio. For more information, please visit www.hi-reit.com or call 800-880-2212.

About Galen College of Nursing

Founded over 25 years ago, Galen College of Nursing is one of the largest private nursing colleges in the United States. With a focus solely on nursing education, the College offers practical/vocational nursing (PN/VN), associate and online baccalaureate degree nursing programs to over 3,000 students on its campuses in Louisville, Ky., San Antonio, Texas, Tampa Bay, Fla., Cincinnati, Ohio, along with an Online Campus. Galen is accredited by the Southern Association of Colleges and Schools Commission on Colleges. For more information about Galen College of Nursing, visit galencollege.edu.

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Source:Kennedy Wilson
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Tags:Lease, Brokerage, Commercial Real Estate
Industry:Real Estate
Location:San Antonio - Texas - United States
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