All Press Releases for February 16, 2018

Ackerman & Co. Leases 1,564 SF at Rosa Verde Tower in San Antonio

Ownership is currently implementing major capital improvements at the medical tower



    SAN ANTONIO, TX, February 16, 2018 /24-7PressRelease/ -- Ackerman & Co. announces a five-year, 1,564-square-foot lease at Rosa Verde Tower with Dr. George L. Gaza DDS, a leading bilingual family and cosmetic dental practice in San Antonio. Rosa Verde Tower is part of a 4-building, 423,411-square-foot medical office portfolio Ackerman & Co. purchased with partners Artemis Real Estate Partners and MLL Capital in 2017.

Chad Gunter of Transwestern leased the property on behalf of ownership, which is currently implementing major capital improvements at Rosa Verde Tower and the other properties across the portfolio.

Improvements include renovations to lobbies and common areas, as well elevators and mechanical systems. The renovations will create world-class medical and office space to accommodate San Antonio's growing patient population and the strong demand for outpatient services.

In addition to Rosa Verde Tower, the properties acquired by Ackerman & Co. include Santa Rosa Professional Pavilion and Medical Center Towers I & II. The Rosa Verde Tower and Santa Rosa Professional Pavilion buildings are situated on the CHRISTUS Children's Hospital of San Antonio campus and the Medical Center towers are located on the campus of CHRISTUS Santa Rosa Hospital - Medical Center.

About Ackerman & Co.

Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired nearly 35 million square feet of office, medical, industrial, retail and mixed-use space, has more than 7 million square feet under management, and maintains an investment portfolio valued at $1 billion.

For more information on Ackerman & Co., visit www.ackermanco.com

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Fara Wilson
Ackerman & Co.
Atlanta, GA
USA
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