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Walmart to anchor Bulverde development

Singing-Hills-white-on-green-logoWork has commenced on a 250-acre mixed-use development in Bulverde that will bring more retail and housing options to the Hill Country town.

Located at U.S. 281 North and Texas 46, Singing Hills will incorporate about 70 acres of commercial space, roughly 160 apartment units and 350 single-family homes. …Read Entire Post

Hines acquires The Rim from Thomas for $176M

Nordstrom Rack at The Rim

Nordstrom Rack at The Rim

Hines Global REIT recently acquired 796,445 square feet of The Rim, the largest outdoor retail center in San Antonio.  Spanning more than 1.8 million square feet in all, The Rim – located at the northeast quadrant of the IH-10 West and Loop 1604 intersection – is home to an impressive list of retailers. 

Hines’ portion, which was reportedly purchased from Thomas Land & Development for approximately $176 million and 99.5 percent leased, includes Best Buy, Dick’s Sporting Goods, JC Penny, Nordstrom Rack, Saks Off 5th, TJ Maxx and others.  …Read Entire Post

South Park Mall lands Dick’s Sporting Goods

SouthParkMall_EntranceDick’s Sporting Goods announced that it will open a new store at South Park Mall (801,120 sf) located at 2310 SW Military Dr.  The Penn.-based active lifestyle retailer will occupy roughly 50,000 square feet of the 77,000 square feet space previously occupied by Mervyn’s. …Read Entire Post

The Tile Shop opens Super Store at DeZavala Crossing

TileShopThe DeZavala Crossing retail center, located just off I-10 West at 5219 De Zavala Road in the Northwest sector, recently leased 31,200 square feet to The Tile Shop, a specialty retailer of manufactured and natural stone tiles.  …Read Entire Post

H&M to open store at The Shops at La Cantera

h&m_storefrontFashion retailer H&M recently announced that it will open a 27,000-square-foot store at The Shops at La Cantera, one of San Antonio’s premier retail destination centers. The store is slated to open in early 2014.

Located in the Northwest sector just north of the Loop 1604 & I-10 intersection, The Shops at La Cantera store will feature H&M’s collections for ladies and men. …Read Entire Post

Wholesale produce market headed to San Antonio

Abasto Produce Market

Abasto Produce Market

McAllen-based Abasto Properties LLC plans to start construction of a wholesale produce market in San Antonio. The 80-acre site sits near the corner of Loop 410 and I-37 in south San Antonio.

The project will be completed in at least three phases and will include a total of 200 warehouses. The first phase, consisting of 60 warehouses, should be finished by the end of 2014 or early in 2015.  …Read Entire Post

Culebra Crossing purchased by World Class Capital

Culebra Crossing

Culebra Crossing

Culebra Crossing (141,000 sf), located on 15 acres situated at 8349 Culebra Road in the city’s Northwest sector, was recently purchased by World Class Capital Group LLC, an Austin-based private real estate investment trust.    …Read Entire Post

Two area retail centers purchased by Kotel Investments

Bell North Park

Bell North Park

Kotel Investments, Inc. recently purchased Judson Plaza (18,750 sf) located at 9160 FM 78 in Converse and Bell North Park (20,400 sf) located at 17361 Bell North Drive in Schertz. 

Both retail properties are located in the Northeast sector. …Read Entire Post

Walmart Neighborhood Markets coming to San Antonio

Wal-Mart-Neighborhood_Market_304Walmart Stores Inc. recently announced plans for a third Neighborhood Market in the San Antonio area.  The latest location will be at Guilbeau Road and Tezel Road on the city’s Northwest Side, adjacent to the Village in the Woods Shopping Center.  Construction on the store is slated to begin January 2014 and set to open next fall.  …Read Entire Post

Trader Joe’s to anchor new Sonterra Village retail center

Planned Sonterra Village center

Planned Sonterra Village retail center

After months of rumors, California-based grocery chain Trader Joe’s recently announced plans to open a second San Antonio location. 

The specialty grocer signed a lease for about 12,500 square feet at Sonterra Village, a shopping center to be developed at 403 N. Loop 1604 W which is situated between Blanco Road and Stone Oak Parkway in the Far North sector. …Read Entire Post