OFFICE SUBLEASE
BUILDING SALE
OFFICE LEASE
SITE SELECTION
LEASE CANCELLATION NEGOTIATION

The former Valero Headquarters consists of two large office buildings containing 425,734 SF at the northern edge of downtown. This is a great example of Ed Cross' ability to satisfy the multi-faceted and changing commercial real estate requirements of a substantial corporate user.  The components of this transaction that were directed by San Antonio Commercial Advisors are as follows:

• The leasing of 147,000 SF in one tower to a third party tenant in order to accommodate the downsizing of Valero
• The assumption of a master lease by SBC for the downtown complex and adjoining parking lots
• The search and negotiation of a 90,000 SF lease at the Forum office building to house Valero while they selected and purchased a site and built their new Headquarters
• The search and negotiation of two leases totaling 150,000 SF for Valero's successor, PG & E
• The successful search for an appropriate location and the purchase of a new Valero Headquarters site, just north of the intersection of Hwy 281, Mulberry and St. Mary's
• The negotiation of the early release from the Forum lease

It is this broad range of skills, creativity and far sightedness that has allowed us to effectively service the long-term needs of clients like Valero.