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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Nacogdoches Crossing Sold to a Private Investor

Nacogdoches Crossing (courtesy of CP Executive)

Nacogdoches Crossing
(courtesy of CP Executive)

Nacogdoches Crossing, a 22,434-sf neighborhood shopping center located on the northeastern outskirts of the San Antonio, was sold by Santikos Real Estate Services to a private investor.

Nacogdoches Crossing garnered significant interest due to future development potential and a Walmart-shadow-anchored retail center located at 6826 North Loop 1604 E. in the Northeast submarket. …Read Entire Post

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San Antonio housing market breaks record in 2017

San Antonio’s growing economy propelled the local housing market to another record sales year in 2017, but the supply of homes on the market remains extremely tight.

Home sales in the San Antonio-New Braunfels metro area increased by 3.8 percent in 2017 to a record 30,715, up from 29,596 in 2016, according to data recently released by the San Antonio Board of Realtors.  …Read Entire Post

Whataburger affiliate buys more land near airport

whataburger_concordCompanies controlled by Whataburger executives now own 28 acres of land at the crossing of Loop 410 and U.S. 281 after buying a 9.9-acre property at the southwest corner of the intersection, near San Antonio International Airport, on October 6, property records show. The land is occupied by At Home and Tuesday Morning retail outlets. …Read Entire Post

New Hampton Inn Opens at Singing Hills

HamptonLogoSMCharles Leddy, CEO of Presidian Hotels & Resorts (“Presidian Hotels”) announced today the opening of Hampton Inn by Hilton Bulverde at 499 Singing Oaks, Spring Branch, Texas. The new hotel joins Hilton’s global brand of more than 2,200 Hampton Inn, Hampton Inn & Suites and Hampton by Hilton Hotels.

The four-story, 84-room Hampton Inn by Hilton hotel will be managed by Presidian Hotels and is part of Hampton’s fresh, new Forever Young design initiative, which features a modern guest space that is multi-functional, convenient and comfortable. …Read Entire Post

Credit Human receives $3 Million incentive package for move to Pearl

CreditHuman_LogoOn Tuesday afternoon, the Bexar County Commissioners agreed to a nearly $3 million, 10-year property tax break with San Antonio-based credit union Credit Human for the construction of its new, 10-story headquarters at Pearl.

…Read Entire Post

A new $70 million facility is coming to the Medical Center

The Sam and Ann Barshop Institute for Longevity and Aging Studies now resides at UT Health’s 186-acre Texas Research Park Campus on the far West Side. University officials said the new location across from the Greehey Academic and Research Campus will centralize operations and permit more collaboration between the institute and San Antonio’s medical community. …Read Entire Post

Recent Construction Trades Hands

GM FinancialBuilt in 2017, the Class A office building occupies nearly 14 acres at 3301 North Ellison Drive, with easy access to the Raymond E. Stotzer Freeway. Radler Enterprises acquired the 100,260 asset from SRP Holdings I LLC for an undisclosed price. …Read Entire Post

Spec’s adds third West Side location

Village at Forum Pkwy_SpecsSan Antonians on the West Side will soon have a shorter drive to buy their favorite beers, wines and libations.

Houston-based Spec’s Wine, Spirits, & Finer Foods has leased 18,383 square feet of space in Ingram festival, a retail center at 6065 NW Loop 410, just north of Ingram Park Mall. The new location will be Spec’s third location on the West Side and is expected to be open in first quarter 2018. …Read Entire Post

H-E-B buys 871 acres outside of San Antonio city limits

heb logoH-E-B has purchased 871 acres of vacant land on the East Side in unincorporated Bexar County, almost doubling its land in and around San Antonio as it faces increased competition from Walmart, Amazon and the newcomer Lidl grocery chain. …Read Entire Post

New Business Park Breaks Ground

HardHatIconStream Realty Partners and McCombs Properties have broken ground on a 108-acre mixed-use business park along Interstate 10 and Foster Road which will combine 75 acres of industrial and warehouse space with 33 acres of retail and commercial space. …Read Entire Post