X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SAN ANTONIO-Tesoro Corp., signing on as the lead player, will jumpstart construction for a Houston-based developer’s 122-acre, master-planned business park in the city’s northern tier. The 600,000-sf, class A headquarters development is expected to be ready in 2009.

In a press release issued this morning, Tesoro’s president and CEO Bruce Smith says the firm’s doubled in size since it moved to a two-building campus at 300 Concord Plaza in 1999. The new campus will be located at the intersection of US Highway 281 and Redland Road, north of Loop 1604.

Developer Patrinely Group LLC has tapped the Houston office of Gensler to map out the park and the Tesoro headquarters component. “We intend to create an exceptionally attractive class A office park that will hopefully set a new benchmark for San Antonio,” says Dean Patrinely, managing partner. “We are very pleased that Tesoro has decided to be our anchor tenant at the new office park.”

The land deal was brokered by Louis B. Cushman, vice chairman of Cushman & Wakefield of Texas Inc., and Steven W. Garza, president of San Antonio-based Providence Commercial Real Estate Services Inc. Pape-Dawson Engineering Inc. of San Antonio will handle the engineering phase.

Tesoro, a Fortune 200 company founded in 1968, operates six refineries in western US and owns 475 branded retail stations. Its commercial division sells jet and marine fuels.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.