319 W. Peden Alley

319 W. Peden Alley is a 22,500-square-foot, dual-tenant microdistribution building located in San Antonio’s CBD industrial market. The property boasts combo-loading, excellent clear heights, and newly renovated office space. Finial Group sourced this off-market deal and secured favorable pricing before it was widely marketed. At acquisition, the building was 50% leased to an art storage tenant, and Finial later leased the remaining space to a government entity at market rates. Finial Group closed on the acquisition in July 2022.

This acquisition is a part of the Finial Group’s Single Tenant Industrial Aggregation Strategy, which proactively targets freestanding industrial properties across the Sunbelt states. The Finial Group continues to demonstrate an aggressive stance in the market, focusing predominantly on the procurement of off-market, free-standing buildings that possess substantial potential for value addition and growth.