SAN ANTONIO \u2013 U.S. Immigration and Customs Enforcement (ICE) is considering acquiring Oakmont 410, an East Side warehouse touted as San Antonio\u2019s largest industrial development when it was built in 2022, according to a source close to the matter.<\/p>\n
The agency has been evaluating the vacant 639,595-square-foot building at 542 SE Loop 410, according to the source.<\/p>\n
Neither Oakmont Industrial Group, which owns the property, nor ICE responded to emailed requests for comment.<\/p>\n
The space is represented by Partners Real Estate\u2019s John Colglazier, John Simons and Kyle Kennan. Partners declined to comment.<\/p>\n
A local real estate industry source familiar with the deal, who requested anonymity to speak on a sensitive topic, confirmed to the Business Journal that ICE is planning to close on Oakmont 410 imminently.<\/p>\n
\u201cIt\u2019s been on the lease market for around three years with no luck,\u201d the source said. \u201cThey are closing the purchase of the building this week.\u201d<\/p>\n
Read more of this story at the San Antonio Business Journal website<\/a>.<\/p>\n