Sembler Company, Forge Capital Partners Acquire 104,485-Square-Foot Retail Center in San Antonio, Lone Oak Shopping Center

  • 4/9/2025

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Shopping Center Business
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The Sembler Co. and Forge Capital Partners have acquired Lone Oak Shopping Center, a 104,485-square-foot retail center located in San Antonio. The partnership purchased the property for an undisclosed price through its Forge Real Estate Partners V (FREP) investment fund.

The retail center — which was fully leased at the time of sale — is anchored by an H-E-B grocery store. Additional tenants at the property include Citi Trends, Hibbett Sports, The Smile Center, H&R Block, Metro by T-Mobile, Little Caesars and Ace Cash Express. Sembler Co. will serve as the manager and leasing agent for the property.

The Sembler Company
Josh Beyer, P.E. | SVP, Development

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