SAN ANTONIO—Boston-based Intercontinental Real Estate Corp. has acquired Artessa at Quarry Village in San Antonio, a class A 280-unit apartment building featuring 70,692 square feet of retail.

“San Antonio continues to be a target market for acquisitions,” Paul J. Nasser, CFO and COO of Intercontinental Real Estate Corp., told GlobeSt.com. “Artessa at Quarry Village is a great mixed-use property including multifamily and retail.”

This acquisition was led by Steve Centrella, senior director, acquisitions; and Chris LaFrance, associate director, acquisitions.

The property, in the Alamo Heights submarket, benefits from quick access to downtown San Antonio. In addition to the close proximity of major employment centers and retail venues, residents are nearby Highway 281, the Interstate 410 and Interstate 10.

Units are comprised of one-, two-, and three-bedroom layouts and feature private terraces, double vanities, walk-in closets, crown molding, wood flooring and granite countertops. Community amenities include four courtyards, two resort style pools, dining room, outdoor grills, wine tasting room with private wine lockers, bocce court, parking garage and building wide Wi-Fi.

“We consider this to be a best-in-class asset that plays into the suburban-urban node thesis, within the highly acclaimed Alamo Heights neighborhood of San Antonio,” says Centrella.

Last month, Capital One Multifamily Finance provided a $63.3 million fixed-rate Freddie Mac loan for the acquisition.