Namdar Realty Group, based out of New York, has closed on the acquisition of The Milan Institute, located at 6804 Ingram Road in San Antonio, Texas.
The subject property is an existing two story 29,598 square foot building situated on a 1.2-acre parcel. There is 26,474 square feet on the ground floor and 3,194 square feet on the second floor. The property is zoned C-3 Commercial.
The MILAN INSTITUTE has a 30+ year history of family ownership and averages $50 million in annual sales. Their multi-disciplined, college atmosphere and accredited programs are offered in 18 campuses found in 16 cities and located within California, Nevada, Idaho and Texas. Course curricula includes: Accounting; Administration; Medical Assistant; Barbering; Cosmetology; Dental Assistant; Industrial; Nursing Assistant, Pharmacy Tech and others.