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Joint Venture Secures Financing, Breaks Ground on San Antonio Industrial Property

TradeLane Properties and Phelan Development Begin Construction on 260,000-Square-Foot Rittiman Crossroads
A joint venture received $14 million in financing for the construction of 6357 Rittiman Road. (CoStar)
A joint venture received $14 million in financing for the construction of 6357 Rittiman Road. (CoStar)
By Gregory Woody
CoStar Research
June 3, 2024 | 3:24 P.M.

A joint venture between Illinois-based TradeLane Properties and California-based Phelan Development Group has secured $14 million in construction financing for Rittiman Crossroads, a 257,080-square-foot industrial building in San Antonio’s Northeast Submarket.

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