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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USAA buys Bank of America Plaza

The deal closed on Monday; while the sales price was not disclosed, the building was last appraised by Bexar County for $88 million. The 28-story tower at 300 Convent St. was last owned by two real estate investment companies: Talcott Realty Investors of Hartford, Connecticut, and Clarion Partners of New York.

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Medical building portfolio sells to out of town partnership

A partnership between Artemis Real Estate Partners, Ackerman & Co. and MLL Capital purchased a four-building medical office portfolio totaling 423,411 square feet, according to a press release. Two of the downtown San Antonio buildings, the Santa Rosa Professional Pavilion — which is 128,578 square feet — and the 123,324 square foot Rosa Verde Tower, […]

Dallas-based real estate firm buys medical office complex

Velocis, a Dallas-based private equity real estate manager, has purchased a 224,262 square foot medical office complex adjacent to the South Texas Medical Center. The seven-building Class A complex Legacy Oaks recently underwent extensive capital improvements. It is currently 75 percent leased by a mix of health care providers. Tenants include Baptist Health System, MEDNAX, […]

California investor buys Oak Grove Square shopping center

The Oak Grove Square Shopping Center has been sold to an unnamed California investor according to a press release. Though the sale price was not disclosed, the strip mall was last appraised at $476,000. The 8,890 square foot shopping center at 3203 Nacogdoches Road is said to be 75 percent leased at the time of […]

Harris Bay to buy downtown San Antonio building

Real estate investment firm Harris Bay is under contract to buy the Commerce Building in downtown San Antonio and move its Texas office there, the firm announced Wednesday. Though the sale price was not disclosed, Bexar County’s latest appraisal of the 40,000 square foot, eight-story building at 314 E. Commerce St. was $2.875 million.

New Property in Schertz Finds a Buyer

The brand new property at 9850 Doerr Lane, called Schertz 1, was finished in March and then bought by HPI in June. It sits on 15 acres and features loading docks on either side of the building. The purchase price was not disclosed.

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.

Methodist Healthcare buys 24 acres on far West Side

Methodist Healthcare System of San Antonio has purchased 24 acres of vacant land at the crossing of Loop 1604 and Texas 151 on the fast-growing Alamo Ranch area, property records show. The health care system, which operates more than a dozen hospitals in the area, already owns about 52 acres of vacant land at the […]

Christus pursuing regional expansion

San Antonio’s oldest hospital system is moving to add more facilities in this region as it seeks to stay in front of the population growth in and around the nation’s seventh-largest city. Christus Santa Rosa Health System, which expects to complete work on the $150 million transformation of its downtown campus into the Children’s Hospital […]

Santikos sells 81 acres on far West Side

Santikos Enterprises has sold 81 acres of vacant land next to an H-E-B Plus on Potranco Road to a company linked to local developer John H. Roberts, property records show. The property, just west of the corner of Potranco and Clover Creek roads, is one of the few remaining large patches of vacant land within […]