AFFCU, Red McCombs Enterprises, JLL close on long-term lease
Trinity Plaza 1 will become AFFCU’s new corporate headquarters
SAN ANTONIO, TX (November 1, 2023) — Air Force Federal Credit Union (AFFCU) is excited to announce that it has closed on a long-term lease at Trinity Plaza 1 located at 750 East Mulberry in San Antonio, Texas 78212.
The five-story Class A office building, owned by Mulberry Partners, LLC – a Red McCombs Enterprises entity, will become the Credit Union’s new corporate headquarters early 2025. AFFCU will occupy the entire 46,623 square foot building and open a new flagship Financial Center on the ground floor. The existing tenants will vacate the building over the next 18 months.
Jeffery Miller, Managing Director at JLL (Jones Lang LaSalle Americas, Inc.) negotiated the transaction on behalf of AFFCU and Chuck King, also Managing Director at JLL, negotiated the transaction on behalf of Red McCombs Enterprises. Terms of the transaction were not disclosed.
Built in 1983, all five floors of Trinity Plaza 1 will be completely renovated. AFFCU selected Kirksey Architecture for the interior design and Mulberry Partners, LLC selected Studio8 Architects for the exterior renovation.
“We’re excited to relocate our corporate headquarters to a more centralized location near downtown and the Pearl. Trinity Plaza 1 and the surrounding area will provide our employees with the amenities and work setting they deserve. As we expand throughout South-Central Texas, this is the perfect location for our office operations and executive staff from which to build on our future.” said Ryan Ross, President/CEO of AFFCU.
About Air Force Federal Credit Union (AFFCU)
Established in 1952 by 10 airmen on JBSA-Lackland, AFFCU has grown to serve the diverse needs of almost 55,000 members with a full array of financial services, seven financial center locations, and the strength of more than $670 million in assets. As a member-owned and not-for-profit organization based in San Antonio, AFFCU is passionate about assisting the communities it serves through volunteer work, scholarships, and sponsorships. AFFCU is federally insured by NCUA and an equal opportunity lender. For more information about AFFCU, visit goaffcu.com.
