San Antonio ( June 24, 2013) – K1 Speed has leased 42,217-square-feet at 6955 NW Loop in San Antonio, Texas. The new site is located in close proximity to Ingram Park Mall and the Westover Hills Trade Area, home to Sea World. Several corporate campuses are located nearby, including J.P. Morgan Chase, The NSA, American Funds and Southwest Research Institute, which collectively employ nearly 25,000 individuals.
"K1 Speed is a proven operator and offers an entertainment alternative that we currently do not have in San Antonio," said Keith McRee, vice president in the SRS San Antonio office. "We are excited to have them and look forward to the diverse customer base they will attract to the project."
K1 Speed is an indoor go kart racing facility that offers high performance, zero-emission electric karts. K1 currently has seventeen locations nationwide, including the Houston and Austin markets in Texas. The new San Antonio location is expected to open in July 2013.
Keith McRee of SRS Real Estate Partners represented the property's landlord in the transaction. Jim Stoltz represented the tenant, K1 Speed, in the transaction.
About SRS Real Estate Partners
SRS Real Estate Partners is the largest real estate company in the U.S. exclusively dedicated to retail services. Headquartered in Dallas with more than 20 offices worldwide, SRS’ strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and management services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders. Our success is measured in the achievement of our clients’ objectives, satisfaction and trust. For more information, please visit srsre.com.
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