News Release: New Medical Office Development Breaks Ground In Fast-Growing San Marcos, Texas

San Antonio – Transwestern’s San Antonio office today announces Kogut Commercial Real Estate and Mittman Real Estate have broken ground on Hunter Medical Plaza with an estimated completion in fourth quarter 2018. Transwestern Senior Vice President Ken Adams and Senior Associate ‘Licia Shreves are providing leasing services for the 26,000-square-foot medical office building at 2202 Hunter Road in San Marcos, Texas.

“The project would not have occurred without the tremendous team efforts of Transwestern, Lynn Peters of LK Design Group, Jesse Cantu of CEC Civil Engineering, and Brian Deitch of the Deitch Law Firm,” said Benjamin Kogut, Founder of Kogut Commercial Real Estate.

“We are proud to bring a Class A professional building to San Marcos,” said Jason Mittman, President and CEO of Mittman Real Estate. “The encouragement and market foresight of Adrianna Cruz of the Greater San Marcos Partnership helped this project move forward.”

Hunter Medical Plaza is currently 38 percent preleased to MedFirst Primary Care, part of the BHS Physicians Network. The development will feature ample parking for physicians and patients as well as flexible floor plans with customized build-outs and signage opportunity. Situated on the corner of Hunter Road and Stagecoach Trail in San Marcos, Hunter Medical Plaza is in a booming trade area that grew more than 34 percent from 2010 to 2017 and boasts numerous residential and retail amenities. The property has 16,000 square feet available for lease and offers shell or build-out options using high-quality architecture.

“We look forward to working with Kogut Commercial Real Estate and Mittman Real Estate on leasing the newest medical office development in San Marcos,” said Shreves. “This development has already attracted one of the leading medical providers in the region, BHS Physicians Network, which has leased 10,000 square feet to house its MedFirst Primary Care practice. Recognized by Forbes as America’s Next Great Metropolis, San Marcos is a great market to enter for any winning practice.”

Transwestern has grown its healthcare leasing portfolio in San Antonio and Corpus Christi by more than 1.2 million square feet in the past 10 months. Transwestern’s Healthcare Advisory team has grown to become the country’s largest dedicated healthcare team, operating from 19 cities and including more than 130 members. The team provides a full range of services, including leasing, investment, tenant advisory, property management, project management and construction services for hospitals, healthcare networks, physicians and investors.

ABOUT TRANSWESTERN

Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 211 offices in 36 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern.

Media Contact:

Yesenia M. Dominguez

210.563.7070

yesenia.dominguez@transwestern.com

twmediarelations@transwestern.com

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