San Antonio, January 27, 2026
SageView Partners, a real estate firm based in San Antonio, has purchased the WestRidge One and Two office buildings for $61.2 million. This acquisition includes a two-building complex spanning 258,959 square feet, strategically located near major attractions and business hubs. Previously owned by Oxford Properties, the site was developed by USAA Real Estate Co. and features plans for future campus upgrades by SageView. The Northwest side of San Antonio remains a hotbed for the office market, accommodating a variety of businesses and residents.
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 consists of 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.
Market Context
The Northwest Side of San Antonio continues to dominate the city’s office market, offering a mix of office, retail, and residential spaces that attract a diverse range of businesses and residents.
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, totaling 258,959 square feet. It was previously owned by an entity affiliated with Oxford Properties.
- Who acquired the WestRidge office park?
- SageView Partners, a San Antonio-based real estate firm, acquired the WestRidge office park on January 16, 2026.
- What was the previous ownership of the property?
- The property was previously owned by an entity affiliated with Oxford Properties, an Atlanta-based multifamily development and construction company.
- What is the historical significance of the WestRidge office park?
- The WestRidge office park was originally built 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 before subleasing its space to Victory Capital in 2019.
- 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 expansion strategy in San Antonio.
- How does the Northwest Side of San Antonio relate to the office market?
- The Northwest Side of San Antonio continues to dominate the city’s office market, offering a mix of office, retail, and residential spaces that attract a diverse range of businesses and residents.
| Feature | Details |
|---|---|
| Property Name | WestRidge One and Two |
| Location | 15935 La Cantera Parkway, San Antonio, Texas |
| Total Square Footage | 258,959 square feet |
| Valuation | $61.2 million (Bexar Appraisal District) |
| Previous Owner | Entity affiliated with Oxford Properties |
| Original Developer | USAA Real Estate Co. and Patrinely Group |
| Initial Occupant | USAA |
| Current Occupant | Victory Capital (subleased space) |
| Future Plans | Campus upgrades by SageView Partners |
| Market Context | Northwest Side of San Antonio dominates the city’s office market |
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