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1/11/18
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Ernst & Young LLP (EY) has inked a lease for 54k sf of office space in Farinon Business Park, located in a growing regional center northwest of downtown near The University of Texas at San Antonio (UTSA). The lease terms were not disclosed.
Being developed by R.L. Worth & Associates, Farinon Business Park is a three-building office complex situated in the highly desirable, master-planned business community of University Business Park. Located on an expansive 21-acre site, Farinon will offer flexible space plans that can accommodate multiple business needs.
The project will feature native oak trees and outdoor seating; up to 7/1,000 parking ratio; excellent ingress and egress to IH-10, De Zavala Rd and Huebner Rd; and an exceptional location minutes away from the South Texas Medical Center and in close proximity to dozens of restaurants, retail shops, hotels, banks and entertainment venues. The complex is only 11 miles from the San Antonio International Airport.
EY will occupy the entire second floor of Building II, under construction, which will be a two-story class A office building with 102.7k sf of space. Approximately 48.5k sf is still available in Building II. Building III is a proposed two-story class A office building with 84.9k sf, which will start construction in the first quarter of 2018 for a delivery Spring of 2019.
According to R.L. Worth Senior Vice President of Leasing Rick Littleton, “EY selected San Antonio for its new campus after a multi-market search, and they chose Farinon Business Park primarily because of its proximity to the pipeline of financial services talent coming out of UTSA.”
As part of one of the largest multi-national professional services organizations in the world, EY already has about 200 employees in San Antonio. The company plans to create as many as three times that number of new jobs at its new client services delivery center in Farinon Business Park, near I-10 and De Zavala Rd.
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