REOC San Antonio
Commercial Real Estate Since 1974   
Kim Gatley
enior Vice President & Director of Research at REOC San Antonio

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AT&T consolidating services; relocating to San Antonio

logo-att-color-trans-200x200AT&T Inc. is reducing its workforce in Houston and moving those jobs to San Antonio. The move affects 117 call center employees at 9051 Park West Dr. in Houston, and that location will close.

Those employees provide customer retention work to support AT&T’s legacy landline services.  All of the affected employees will be offered jobs in San Antonio, along with a relocation allowance. …Read Entire Post


Texas manufacturing continues to expand

two 3d humans keep gears in handsTexas manufacturing continued to expand in July with production picking up and optimism about the future rising to its highest level since 2010, according to new data from the Federal Reserve Bank of Dallas.

Texas manufacturers made more goods this month and factories are using more of their capacity, according to the Texas Manufacturing Outlook Survey, which polled 113 manufacturers in the state. …Read Entire Post

Microsoft expanding its SA footprint

microsoft_logoMicrosoft Corp. continues to invest in its San Antonio data center clusters, including about $50 million for a new building near its Westover Hills computer server farm, according to state construction documents.

The new cooling facility on the 5100 block of Rogers Road is expected to be completed in September. The facility is for cooling a 256,000 square foot data center in Westover Hills. It opened in 2015 and cost about $80 million to build, according to public documents. …Read Entire Post

San Antonio CRE Market Update 2014

CCIM2014_CREupdate_CoverOnce again, this year’s CCIM Symposium offered a great opportunity for networking, deal-making, education, fun and prizes.

Click to download Kim Gatley’s San Antonio CRE Market Update 2014.

San Antonio’s luxury real estate market sees surge

The cheap housing that San Antonio is known for is becoming harder to find. But as the real estate market continues to rebound, more luxury homes are being built and selling in the Alamo City.

In 2009, houses priced less than $150,000 made up about one-third of homes being built in San Antonio, according to data from real-estate research firm Metrostudy. Last year, the construction of homes at that price point fell by more than half as 840 houses were built, accounting for about 10 percent of the annual starts. …Read Entire Post

San Antonio – Year in review: 2013 Top CRE News

CoStar compiled their list of stories on trends and transactions considered to be the most interesting and newsworthy in the San Antonio market over the past 12 months.

Check out CoStar’s Year in Review: 2013 Top CRE News in San Antonio (CoStar, 12-30-13)

Bexar County takes the top spot in Texas relocation report

BexarCounty_Seal_smallIt appears more people are following the old saying about not being born in Texas but getting here as fast as they could.  And many of these transplants are planting roots in Bexar County.

The Texas Association of Realtors (TAR) recently released its 2013 Texas Relocation Report, based on data from the National Association of Realtors and U-Haul.

One of the highlights of the report is that more people are moving in than moving out. In fact, the number of families moving in to Texas outnumbered the number of families moving out by a total of 10,326 households. …Read Entire Post

Area Development Magazine names Texas the leading state for business development

Texas1Texas has been named the No. 1 state in the country for doing business by Area Development Magazine.

“In Texas, we understand that in order for our economy to thrive, government must get out of the way and let businesses get to work,” Gov. Rick Perry says. “Our free market principles, low taxes, fair courts and smart regulations are an attractive combination for employers across the country. …Read Entire Post

San Antonio named among top “Hot” U.S. cities

Source: The Daily Beast

Source: The Daily Beast

San Antonio was recently listed among America’s hotspots based on economic indicators, quality-of-life factors and demographic trends.

According to the Daily Beast, “Hot” cities, which they call aspirational cities, are most likely Southern, culturally vibrant, modest sized, long on jobs, and short on traffic.  …Read Entire Post

Retailers could be the big winners over Labor Day weekend, survey says

empty cartLabor Day weekend traditionally marks the end of summer travel season, and many stores put on sales and promotions to lure customers to splurge on clothes, school supplies, toys, electronics and sundry other items one last time.

Labor Day might be the most underrated shopping holiday, according to a recent survey conducted by online coupon site …Read Entire Post