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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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

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Plans for Light building going before HDRC

The San Antonio Light building.

The San Antonio Light building.

GrayStreet, one of the most active developers downtown, bought the Depression-era building in December from Hearst, the parent company of the San Antonio Express-News, and plans to turn it into 60,000 square feet of upscale office space with a rooftop restaurant. …Read Entire Post

Plans to redevelop 23 acres east Downtown

Up-and-coming urban builder GrayStreet Partners is undertaking its biggest project yet, redeveloping 23 acres of neglected land across Broadway from The Pearl that would rival the historic brewery’s makeover in size. …Read Entire Post

The Pearl’s growth spills over into Tobin Hill

One of the biggest barriers to growth there is about to disappear. Flasher Equipment, a manufacturer of traffic signs that occupies nearly 5 acres of land across the river from the Pearl, is moving in a few weeks to a new facility on the West Side, said James Griffin, a lawyer with Brown & Ortiz who represents the company. …Read Entire Post

City Council to consider incentives for $150 million distribution center

fb_icon_sliceNext week, the San Antonio City Council will consider incentives for a proposed 1.5 million-square-foot distribution facility for retailer T.J. Maxx.

The facility would be the company’s sixth center nationwide and its largest. San Antonio is competing against other sites in Texas and in Louisiana. TJK, the brand’s parent company, is eyeing a 200-acre site on FM 1937 — South Flores Road — south of I-410 and east of Highway 281. …Read Entire Post

Mixed-use destination on ‘gateway’ medical center site

The San Antonio Medical Foundation has completed the sale of seven acres of land it controlled to Fulcrum Development LLC.

Fulcrum officials confirm that the plan will be to anchor the new project with a multi-story office building and parking structure, along with a two-story retail component. …Read Entire Post

Cricket building more brick-and-mortar

Retailers across the country are shuttering physical stores as consumers flock online to purchase goods, but most sellers of mobile devices are increasing their footprint in an effort to meet customers face-to-face.

Cricket Wireless LLC, a subsidiary of AT&T Inc., built eight new stores in the San Antonio market in the past 18 months. The prepaid wireless phone company has more than 100 stores in the region and 200 points of distribution. …Read Entire Post

Local partnership breaks ground on retail center

Valcor Commercial Real Estate and RFM Commercial took partnership to break ground last week on a 9,100-square-foot development. While that may not seem like much space for such a fast-growing area of San Antonio, there’s a reason the development is taking on a smaller scale — Valcor and RFM were considering their neighbors.

YMCA developed the land and is on an upcoming bond measure that would provide it with the funds to buy another 6 acres adjacent to its now-open facility to develop into sports fields. …Read Entire Post

Brooks City Base plans for 75-acre industrial park

Brooks City Base has brought on Industrial Group Southwest to develop, build and lease the first 350,000-sqaure-foot building, which will precede five others ranging from 40,000 to 600,000 square feet.

Once completed, the Brooks Business Park will span nearly 75 aces at the former South San Antonio military base. …Read Entire Post

Downtown property sales cement Frost Tower deal for Weston Urban

frost tower downtown

Rendering of the future Frost Tower.

At the end of 2016, Weston Urban became the official owner of the sites at 100 W Houston St., 110 W Houston St. and 109 Main St., all of which were properties previously owned by Frost Bank and stretch over about 4.65 acres around the Houston and North Flores Streets intersection. …Read Entire Post