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

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Neighboring landlord buys former hail-damaged Target site

target_logoExtensive hail damage earlier this year may have shuttered one of Target‘s San Antonio locations, but for neighboring landlord Weingarten Realty (NYSE: WRI), the sky opened up with a new opportunity.

Commercial real estate giant Weingarten Realty has closed on the former Target site neighboring the firm’s Northwest San Antonio power center. The flooding and hail resulted in significant interior and exterior damage which sealed the fate for the retailer’s already underperforming location.

Click here to read the full article: Neighboring landlord buys former hail-damaged Target site San Antonio Business Journal 11-15-2016

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