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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Stevens Ranch retail project underway in Far West San Antonio

Stevens-Ranch-Floater-Bldg-with-Center-10-16-17_Scene-6Houston-based Weingarten Realty has started on the 25-acre retail part of the 2,400-acre Stevens Ranch community in the Far West sector. The site will include a 20,000-sf retail shell, five one-acre pad sites, and one 18.3-acre pad site.  Delivery is slated for the fall.

Tenants will include Supercuts, Quarry Nails, and Smilepoint Dental Group. Fulcrum Construction is the general contractor for the project, which was designed by Luna Middleman Architects.

Click here to read the full article: Weingarten Begins Work on 25-Acre Retail Project in San Antonio (Rebusiness Online, 4/16/18)

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Singing Hills Bringing Much Needed Services to Bulverde Area

Singing-Hills_A1The Singing Hills mixed-use development experienced a busy 2017 filled with exciting new developments.  The results of 2017 activity will become more apparent in 2018 as new construction gets underway and new services are added to the growing Bulverde area.

Within the next few months, construction in the commercial portion of the Walmart-anchored project, which is located at US 281 & Hwy 46, will include a 288-unit Multi-Family project, The Pillar’s Christian Early Learning Center and a 60,000 square foot medical professional building.  …Read Entire Post

New La Cantera Retail District

Austin-La Cantera based CSW Development in partnership with USAA of San Antonio is developing La Cantera Heights, a 34-acre retail district, located on La Cantera Pkwy. and Fiesta Texas Dr. just off IH-10 West across from The Rim.

The development will be built in two phases with construction on phase one to start this summer. The first phase, consisting of 25 acres, will feature at least six buildings ranging from 3,000 to 24,000 sf.  Completion is expected early 2019. Future office development and retail expansion is also planned. …Read Entire Post

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

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

Grandview Shopping Center sells for $21.9M

sprouts_logoThe 103,000-square-foot shopping center, anchored by Sprouts Farmers Market and Petco along Callaghan Road, has been sold to a California investor for $21.9 million. …Read Entire Post

Singing Hills Retail 2 – Expected Completion March 2018

24x36 board.psdThe latest inline retail addition to Singing Hills is expected to be completed by early spring of next year. Retail 2 will feature more than 23,000 SF of retail space and include tenants such as Massage Heights, Super Cuts and Marble Slab.  …Read Entire Post

REOC Releases 2Q 2017 Retail Market Report

Source: REOC San Antonio

Source: REOC San Antonio

In the midst of what some economists are calling a retail meltdown, the San Antonio retail market maintained its sub-ten percent citywide vacancy rate and recorded gains in the second quarter which offset losses recorded in the first quarter.  The growing popularity of discount stores accounted for much of the gain; such as, Dirt Cheap (23,864 sf) which backfilled a portion of an old Albertsons building on Walzem Road. …Read Entire Post

Developers of Boerne mixed-use project score victory

villageherffThe City of Boerne’s Planning and Zoning Commission voted 3-2 in favor of rezoning some 26.6 acres of land off Herff Road.

The project which is being planned for the area, called Legacy at Cibolo, was formerly known as The Village at 17 Herff until a recent rebranding. …Read Entire Post

Local realty firm bets on medical retail for Huntington Square

According to a press release, the new development is a two story, 24,050 square-foot site will be on North Loop 1604 W. at Collins Circle. The new space will focus on leasing to medical retailers like spas, chiropractors, dentist offices and wellness centers as well as other retail tenants.

The focus on medical retail represents a bigger shift in general retail according to Raub, which is shifting from people buying goods at traditional retail stores to more people buying services instead. …Read Entire Post