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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Credit Human receives $3 Million incentive package for move to Pearl

On Tuesday afternoon, the Bexar County Commissioners agreed to a nearly $3 million, 10-year property tax break with San Antonio-based credit union Credit Human for the construction of its new, 10-story headquarters at Pearl.

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Hixon Properties and Cavender family team up for new Broadway project

Hixon Properties Inc., in partnership with the Cavender family, announced plans for the first phase of a sustainable, walkable urban neighborhood project on the site of the former Cavender Cadillac dealership on Broadway and 8th streets.

Kiolbassa expands footprint

San 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.

Incentives for Credit Human to move to Pearl, sources say

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 […]

CaptureRx shifts plans as it eyes HQ move to Broadway

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.

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.

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, […]

Broadway office development to cost $84.6 million

The mixed-use office and retail development will feature a 10-story South Tower, which will be approximately 221,000 square feet, and a 6-story North Tower totaling 123,000 square feet. A 10-story mixed office and retail development is set to replace the Sarma Building which previously sat at 1801 Broadway Ave.

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.

Plans for Light building going before HDRC

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.