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CPS Energy to sell riverfront property next to Lone Star Brewery

July 21, 2017

San Antonio’s utility company, CPS Energy will be selling nearly 12-acres of riverfront property located on the southernmost end of Southtown, adjacent to the Lone Star Brewery development. The premises, located at 200 Gugert Ave., has been used as a “lay down yard” storing various utility poles, transformers, etc., in recent years and CPS Energy Vice President of Real Estate & Master Planning, John Benedict felt that the time was appropriate to put the property up for sale, stating “It’s a good opportunity for the city’s economic growth and development as Southtown continues to grow…”. Peloton Commercial Real Estate was chosen as the company’s initial brokerage of choice and has recently released a brochure for the 12-acre listing.

CPS Energy to sell riverfront property next to Lone Star Brewery