KM Realty Acquires Newly Constructed Shopping Center in San Antonio

San Antonio, Texas — KM Realty Investment Trust Inc. has acquired City Base Commons, a 7.5-acre shopping center comprised of five buildings with two pad sites south of downtown San Antonio. GFR Development sold the property, which is located on SE Military Drive. The sales price was not disclosed. The center is 94.8 percent leased to tenants including Credit Human, Kung Fu Tea, LA Crawfish, Jimmy John’s, McAllister’s Deli, Raising Cane’s and Smoothie King. Both pad sites are available for lease.