The Richland Companies Steps Up Activity in San Antonio

(Houston, TX – October 22, 2009) The Richland Companies announced today, Bulls Eye Beverage Company has leased 5,828 square feet at SA West Loop II. “We are thrilled that Bulls Eye Beverages has chosen SA West Loop II as their new corporate headquarters,” says Mickey Meyer-Sturgis, Vice President of Leasing for The Richland Companies. Meyer-Sturgis goes on to say “we’ve really seen a lot of movement in our San Antonio properties, especially SA West Loop II.”

In this transaction, The Richland Companies was represented by Mickey Meyer-Sturgis and Bulls Eye Beverage Company was represented by Sandra Vejara, CEO and Jay Aguilar, COO. This location will serve as Bulls Eye’s corporate office and main distribution center in San Antonio. Owned and managed by The Richland Companies, SA West Loop II is a seven building office/service-center development totaling 168,953 square feet located at 5407-5419 Bandera Road in the Northwest submarket of San Antonio.

In San Antonio, The Richland Companies owns and manages 509,587 square feet of retail, office, office flex, and office/warehouse space. San Antonio properties in the Richland portfolio include: SA West Loop II, West Tech One Business Park, Northwest Business Park, 300 Ramsey Place, Potranco Plaza, Rector Plaza, and The Tower at Boerne.

Edna Meyer-Nelson, President and CEO of The Richland Companies says, “San Antonio has always been and will continue to be a key market in our investment strategy.” Meyer-Nelson adds, “We could not be happier with our presence in San Antonio – a market that is really heating up for us, in SA West Loop II alone, we have leased 18,741 square feet of space in the last three months, we are expanding our San Antonio office and looking to add additional assets to our San Antonio portfolio as we find premium properties in prime locations.”