Sunday, February 3, 2008

KLUP Post 1/30/2008 KCI Expanding Headquarters

KCI is mulling move to new headquarters space. John Thurman of Heart of Texas Realty with Today's San Antonio Business Journal news feature. Business Journal writer Tricia Lynn Silva, reported that San Antonio based Kinetic Concepts, a publicly traded developer of specialty medical beds and therapeutic products, is negotatin with a local developers for a build-to-suit peoperty that could accommodate its corporate headquaeters according to J. David Held, whose firm provides commercial real estate brokerage services in San Antonio. KCI is looking for between 150,000 and 200,000 square feet of space and various sites have been considered. KCI already occupies approximately 500,000 square feet of space in San Antonio but their headquarters is split between the KCI tower and another building on the northwest side. Should KCI vacate its space in its two towers, that could represent an opportunity for another company to move to San Antoni and some companies are considering doing just that. For San Antonio area homes and real estate, call John Thurman of Heart of Texas Realty. www.HeartofTexasRealty.com

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