JLL Industrial Capital Markets arranges sale of 4958 Stout Drive
News release
06 December 2023
San Antonio warehouse and light manufacturing facility trades
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DALLAS, Dec. 6, 2023 – JLL Capital Markets announced today that it arranged the sale of 4958 Stout Dr., a Class B, multi-tenant warehouse and light manufacturing facility totaling 174,821 square feet in San Antonio, Texas.
JLL represented the seller, Ledo Capital Group, and procured the buyer, Prattco Creekway Industrial.
4958 Stout Drive is fully leased to two tenants and features 22-foot clear heights, front-load configuration, 12 dock-high doors, two drive-in ramps and 270 parking spaces.
The property’s infill location offers unparalleled accessibility to two of San Antonio’s primary thoroughfares, Interstate 10 and Interstate 35, enabling seamless connectivity to major metropolitan areas throughout Texas. Its adjacency to Loop 410 also ensures quick and easy access to any destination within the city.
Northeast San Antonio is home to a fast-growing employment and residential base which has translated to an increased demand for homes in the surrounding area. The facility is within a 20-minute drive to several of San Antonio’s most desirable and fastest growing communities including Alamo Heights, Live Oak, Universal City, Terrell Hills and Olmos Park.
The JLL Capital Markets Industrial Investment Sales team was led by Senior Managing Director Trent Agnew, Director Josh Villarreal and Analyst Greer Shetler.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.