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

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Quarry Village ready to bite into new sandwich shop

PotbellyLogoPotbelly Sandwich Shop is bringing its sandwiches to yet another Greater San Antonio location, this time in Quarry Village at 290 E. Basse Road.The company’s newest location, formerly the home of Tacoart, will open Oct. 1 and offer dine-in and delivery service. The space began renovations in July. …Read Entire Post

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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

San Antonio’s Airrosti eyes bigger headquarters

Airrosti_logoThe San Antonio-based company is in advanced discussions with a developer to move into a new and much larger home that would be built from the ground up to accommodate its expanded operations.

The company’s San Antonio workforce totals about 200 personnel. More than half of those employees work out of Airrosti’s current headquarters on Central Parkway North, spread out across 30,000 square feet on multiple floors. …Read Entire Post

Kiolbassa expands footprint

kiolbassa_logoSan Antonio-based smoked meats maker Kiolbassa Provision Co. has expanded its footprint and production on the city’s West Side. Over the past two months, Kiolbassa Provision set up shop at 1545 S. San Marcos St. following a lease-purchase agreement with Surlean Meat Co. …Read Entire Post

Incentives for Credit Human to move to Pearl, sources say

CreditHuman_Logo

The city and county are offering $8.8 million in tax and other incentives to Credit Human, a local credit union, to move its headquarters from the Northwest Side to an office tower at the Pearl, according to three people with direct knowledge of the plans.

Credit Human, which is the third-largest credit union in the local area, was known as the San Antonio Federal Credit Union until earlier this year. The new headquarters would be at 1803 Broadway, where Silver Ventures, the development firm owned by billionaire Christopher “Kit” Goldsbury that developed the Pearl. …Read Entire Post

CaptureRx shifts plans as it eyes HQ move to Broadway

The San Antonio Light building.

The San Antonio Light building.

San Antonio-based CaptureRx has put a halt to plans to relocate its headquarters to Houston Street and the historic Kress building. Instead, the health care technology company is seeking to make its new home in the former San Antonio Light complex on Broadway Street. …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

Industrial park expansion announced in Comal County

New 187,000 SF building to be completed by November.

New 187,000 SF building to be completed by November.

Titan Industrial Park, which straddles the boarder of Schertz and Selma, has announced a new addition to the 125-acre site.

Local firm Titan Development, along with Atlanta-based Robinson Weeks Partners, will be adding a fourth, 187,000-square-foot building to the park, which will be intended for multi-tenant use. …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

REOC Releases 2Q 2017 Office Market Report

Source: REOC San Antonio

Source: REOC San Antonio

The San Antonio office market continued steadily on its positive trend in the second quarter accompanied by the delivery of 389,369 square feet of new office lease space.  The much anticipated Landmark One building (164,351 sf) came online at the intersection of Loop 1604 & IH-10 in the North West submarket with two signed tenants – Chicago Title (8,295 sf) and Forge Energy (14,402 sf). …Read Entire Post