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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Rim-area property put up for sale

I-10_1604A local developer has been struggling to put together plans for a 15-story office tower in the explosive northwestern San Antonio corridor, and after nearly a decade of trying, the 6.7-acre site has been put on the market.

A Northwest San Antonio developer has tried unsuccessfully to get a 15-story office tower off the ground, but last-minute talks with a potential tenant could bring some spark to the 300,000-square-foot project. …Read Entire Post

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BBVA makes big move downtown, shares future plans

BBVA plans to broaden marketshare in San Antonio.

BBVA plans to broaden marketshare in San Antonio.

Andrea Smith, the local CEO and market president of BBVA Compass, has a vision for the bank’s footprint in San Antonio. And it includes consolidating nearly 80 employees, including its wealth management and commercial banking divisions, to be centrally located downtown.

BBVA Compass, a subsidiary of Alabama-based BBVA Compass Bancshares Inc., recently announced plans to invest in 9,600 square feet for retail banking space and 19,000 square feet for a corporate office inside the Weston Centre, revitalizing a ground-floor retail location that was vacated by Bank of America several years ago. …Read Entire Post

Avison Young planting flag in San Antonio’s real estate market with acquisition

Avison Young Commercial Real Estate is expanding into the San Antonio market with the purchase of project management-services company Remington Group Inc.

Financial terms of the buy-out were not disclosed.

Prior to the buy-out, Remington had corporate offices in the Philadelphia metropolitan and a satellite office in San Antonio. Toronto-based Avison Young employs 1,700 real estate professionals in 66 offices worldwide. …Read Entire Post