SAN ANTONIO--HFF has closed the sale of Highpoint Towers, two 11-story office towers totaling 301,118 square feet, in northwest San Antonio. HFF marketed the asset on behalf of the seller, DNA Partners; the property was purchased for an undisclosed amount. 

Highpoint Towers is situated on a 13.06-acre site at 8401 and 8515 Datapoint Drive, which is accessible from three major highways: Interstate 10, Loop 410 and Loop 1604. The assets are located adjacent to the South Texas Medical Center, a 900-plus-acre campus with five medically related institutions, 12 hospitals and one higher education institution. The property has 360-degree views of the San Antonio skyline and Hill Country, atop the highest point in the city. The new ownership plans renovations to the project, including upgrading the lobbies, exterior aesthetics, elevators and bathrooms.

Managing director John Taylor, associate director Kelsey Roop and real estate analysts Patrick McCord and Ryan McBride led the HFF investment sales team representing the seller.

“We are excited that, by selling the last office property in DNA Partner's portfolio, it will provide them the opportunity to focus on continuing to grow an already well-established 'pure' retail portfolio,” Taylor says. “In addition, this is a great opportunity for a new strong office operator to enter the San Antonio market and create significant new value on one of the largest office properties in the market.”