281 In San Antonio

Opportunity

The Greenway team seized an opportunity to acquire 60 acres of land at a prominent intersection in northwest San Antonio. The acquisition proved to be an excellent investment.

Insights

Within 18 months a third of the property was sold to Wal-Mart allowing Greenway to return the investors' original investment plus a profit. Other retailers were soon attracted by the Wal-Mart-generated traffic and additional sites were sold, further increasing investor return.

Results

Capitalizing on the momentum, Greenway signed four long-term ground leases with prominent national quick-service restaurants. To date, the project has returned over five times the original investment and continues to generate income.