SAN ANTONIO, TX – CBRE announces the exclusive management andassignment at Twin Oaks Corporate Park, on behalf of Fort Worth-based AFO Capital, Ltd. The Class A property consists of two office towers totaling 166,425 square feet.
One Twin Oaks and Two Twin Oaks, located at 211 and 227 North Loop 1604, respectively, are in one of San Antonio’s most activesubmarket—north central. According to CBRE’s second quarter office MarketView, the north central submarket had the lowest vacancy (13.6%) and highest absorption (128,662 square feet).
Steve Thomas, a first vice president with CBRE San Antonio, will manage.
“Twin Oaks Corporate Park is made up of quality, well located office buildings, and we are proud to be working with AFO Capital,” said Thomas. “AFO is a responsive, proactive owner and these assets will thrive in the high demand, far north central submarket.”
Kelly Mizell, a real estate manager with CBRE San Antonio, will oversee on-site property management.
“Twin Oaks Corporate Park has a great group of tenants that we look forward to working with for the long term,” said Mizell. “We are pleased with the opportunity to work with AFO Capital on this great project!”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation;services; investment management; and research and consulting. Please visit our website at www.cbre.com.