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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Office project breaks ground in New Braunfels

Ground broke this week on the first phase of Sundance Plaza, a 120,000-square foot Class A office development in New Braunfels. This first phase, which will be a 58,574 square foot office building, is set to be completed in the first quarter of 2018. The 10 acres of land Sundance Plaza will sit on is […]

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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, […]

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 […]

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 […]

New Class A Business Park coming to North Loop 1604

Pinnacle Oaks, a new $100 million, 450,000-square-foot business park, will break ground on its first phase in August, according to co-developers ALC-Partners and Pruitt Realty. The four-phase master plan will cover 21 acres and consist of three Class A office buildings and a flex office at 4830 N. Loop 1604 W., which is being called […]

Furniture chain opening first San Antonio store in former Target

Oklahoma-based retailer Bob Mills Furniture will open a new store in San Antonio, its farthest expansion south since the company’s Temple location opened, according to the company’s website. The company will be leasing 62,840 square feet of space in the former Target store at Fiesta Trails Hilltop near Interstate 10 and De Zavala Road.

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.

OCI moves headquarters to Brooks

South Korean-owned OCI Solar Power is moving its 15,500 sf headquarters from the Bank of America Plaza building to the Brooks headquarters of subsidiary Mission Solar Energy. It marks the latest move by OCI and solar panel manufacturer Mission Solar to save money less than five months after Mission Solar announced it was cutting its […]

Another retailer has filed for bankruptcy

The children’s clothing retailer Gymboree filed for Chapter 11 bankruptcy protection late Sunday. The mall-based chain says it plans to remain in business during its restructuring, but will close 375 to 450 stores out of its fleet of its 1,281 locations. Gymboree says the restructuring will reduce its debt by more than $900 million and […]