“The CRG (now Peloton) team represents our properties in the highest professional manner and their market knowledge allows for the pursuit of every possible opportunity, effectively. CRG is a valuable part of the Equastone team.”
 
Todd Parker, EVP
Equastone RE Advisor

One Riverwalk Place
261,633 sf | 700 N St Mary's Street
Central Business District


Owner/Developer: Equastone


 
Brokers
Gardner Peavy, CCIM
Brad Hardy
Christi Griggs, CCIM
Nancy Preis Russell, CPA, CPM
 
Challenge   Strategy   Results
  • Occupancy had dropped to 51% under previous leasing/management
  • Building maintenance had been deferred with poor tenant services in place
 
  • Replace maintenance, security, janitorial and management staffs
  • Renovate restrooms, elevator cabs, lobby and building systems
  • Establish and implement tenant relations processes and communication
 
  • Occupancy increase to 70% even with 10% tenant loss due to business closure/relocation
  • A clean, attractive, efficient building with proactive and responsive staff
  • Reduced operation costs resulting in 7% profitability increase
  250 W Nottingham Place | Suite 115 | San Antonio, Texas 78209 | 210.299.1172