by Serac Capital Partners | October 15, 2026
UT Health San Antonio Expands to 55,424 SF at Fountainhead Business Park II
New 29,054-SF second-floor lease more than doubles the university's footprint in the building, bringing it to roughly two-thirds of the property
Fountainhead Park II
3846 Medical Drive
San Antonio, TX
SAN ANTONIO, TX – October 15, 2026 – Serac Capital Partners announced today that UT San Antonio, the academic health center and health system of The University of Texas at San Antonio, has signed a long-term lease for an additional 29,054 square feet at Fountainhead Business Park II, located at 3846 Medical Drive in San Antonio. The expansion brings the total footprint in the building to 55,424 square feet for patient care services.
UT Health San Antonio currently occupies 26,370 square feet on the building’s first floor. Under the new lease, UT Health San Antonio will occupy the entire second floor, bringing its tenancy to approximately 65% of the 85,562-square-foot building. The second-floor premises will be configured for clinical and clinical-support uses. Landlord-delivered tenant improvements are underway, and occupancy is anticipated in spring 2027. The lease term exceeds seven years and includes an option to renew.
Fountainhead Business Park II sits minutes from the South Texas Medical Center, with direct access to Medical Drive and Horizon Hill Boulevard.
“UT Health San Antonio is the type of mission-critical, creditworthy healthcare tenant that aligns with our investment strategy for Fountainhead Business Park II. Its decision to more than double its footprint reflects the property’s strategic location and ability to support the institution’s long-term clinical needs,” said Michael Adams, Senior Vice President of Asset Management at Serac Capital Partners.
Russell T. Noll and Kelly Ralston of Transwestern represented Serac Capital Partners, the landlord, in the transaction. Todd Beebe of Hogan Properties Company represented UT Health San Antonio.
About Serac Capital Partners, LLC: Serac Capital Partners is a data-driven real estate investment firm that delivers exceptional value to investors, clients, and communities. The firm hires intellectually curious and creative professionals, fosters a fun yet professional culture, and gives back through quarterly volunteer efforts and by donating at least 5% of annual pre-bonus profits.
If you are interested in joining our team, or just want to learn more about Serac Capital Partners, please visit our website at www.seraccapital.com.
Contact:
Michael Adams
madams@seraccapital.com
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