Faris Lee Brokers $5.6M Sale of 96,000 SF Industrial Asset in San Antonio

by Taylor Williams

SAN ANTONIO — Irvine, Calif.-based Faris Lee Investments has brokered the approximately $5.6 million sale of a 96,000-square-foot industrial asset in San Antonio. The property is situated on five acres at 1949 Hormel Drive near the downtown area and is 100 percent leased to a single tenant: waste management firm Republic Services Inc. Scott DeYoung of Faris Lee represented the buyer, a San Francisco-based private investor, in the transaction. Preserve West Capital represented the seller, an undisclosed institutional owner.

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