San Antonio, January 27, 2026
SageView Partners, a real estate firm based in San Antonio, has acquired the WestRidge One and Two office buildings for $61.2 million. The complex, which comprises 258,959 square feet, was previously owned by Oxford Properties. SageView is planning campus upgrades for the property, strategically located near shopping centers and the University of Texas at San Antonio.
San Antonio Firm Acquires Former USAA Office Park
San Antonio, Texas – On January 16, 2026, SageView Partners, a local real estate firm, purchased the WestRidge One and Two office buildings, located at 15935 La Cantera Parkway, just north of Loop 1604. The two-building complex, totaling 258,959 square feet, was valued at $61.2 million, according to the Bexar Appraisal District. Previously, the property was owned by an entity affiliated with Oxford Properties, an Atlanta-based multifamily development and construction company.
Property Background
The WestRidge office park comprises two four-story buildings constructed in 2014 and 2015 by USAA Real Estate Co., the real estate investment arm of USAA, in partnership with Houston-based Patrinely Group. USAA initially occupied two floors of the WestRidge Two building. In 2019, USAA subleased its space to Victory Capital, a publicly traded investment management firm, and relocated its employees to its main campus at 9800 Fredericksburg Road.
Strategic Location
Situated near the Shops at La Cantera, the University of Texas at San Antonio’s main campus, The Rim, The Rock at La Cantera, and the Victory Capital Performance Center—the San Antonio Spurs’ training facility—the WestRidge office park is in a prime location on the Northwest Side of San Antonio.
Future Plans
SageView Partners has expanded its portfolio to include over 1 million square feet of commercial property throughout San Antonio. The firm is currently planning campus upgrades for the WestRidge office park.
Recent Developments in San Antonio’s Office Market
In recent years, San Antonio’s office market has seen significant activity. In 2017, an Atlanta real estate investment trust purchased the WestRidge office buildings for $58 million. Additionally, in 2019, Victory Capital subleased space from USAA in the WestRidge Two building for its new San Antonio headquarters.
Frequently Asked Questions (FAQ)
- What is the WestRidge office park?
- The WestRidge office park is a two-building complex located at 15935 La Cantera Parkway in San Antonio, Texas. It comprises 258,959 square feet of office space and was valued at $61.2 million as of January 16, 2026.
- Who acquired the WestRidge office park?
- SageView Partners, a San Antonio-based real estate firm, acquired the WestRidge One and Two office buildings on January 16, 2026.
- What was the previous ownership of the property?
- Prior to SageView Partners’ acquisition, the property was owned by an entity affiliated with Oxford Properties, an Atlanta-based multifamily development and construction company.
- What is the history of USAA’s involvement with the property?
- USAA Real Estate Co., the real estate investment arm of USAA, built the WestRidge office park in 2014 and 2015. USAA initially occupied two floors of the WestRidge Two building but subleased the space to Victory Capital in 2019 and relocated its employees to its main campus at 9800 Fredericksburg Road.
- What are the future plans for the WestRidge office park?
- SageView Partners plans to implement campus upgrades for the WestRidge office park as part of its strategy to enhance the property’s value and appeal.
| Feature | Details |
|---|---|
| Property Name | WestRidge One and Two |
| Location | 15935 La Cantera Parkway, San Antonio, Texas |
| Acquisition Date | January 16, 2026 |
| Acquiring Firm | SageView Partners |
| Previous Owner | Oxford Properties |
| Property Size | 258,959 square feet |
| Valuation | $61.2 million (as of January 16, 2026) |
| Original Developer | USAA Real Estate Co. and Patrinely Group |
| Initial Occupant | USAA |
| Current Tenant | Victory Capital |
| Future Plans | Campus upgrades by SageView Partners |
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