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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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 […]

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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.

Singing Hills Retail 2 – Expected Completion March 2018

The 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. 

Industrial park expansion announced in Comal County

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.

REOC Releases 2Q 2017 Retail Market Report

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 […]

REOC Releases 2Q 2017 Office Market Report

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 […]

REOC Releases 2Q 2017 Industrial Market Report

At first glance, the San Antonio Industrial market appears to have experienced a robust second quarter.  Upon closer inspection, however, the recorded 720,719 square feet of positive net absorption is somewhat misleading.  New construction delivered the Carrier Corp building (850,000 sf); the considerable gain from this one pre-leased facility concealed some sizeable vacancies.

REOC Releases 2Q 2017 Medical Market Report

The mid-year check up of the San Antonio medical office market remained steady and positive.  The survey of more than 7.2 million square feet of separately tracked medical-only office space revealed that the citywide vacancy rate remained relatively unchanged at 20.0% compared to 20.1% at mid-year 2016 as new inventory offset positive absorption. 

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.

Developers of Boerne mixed-use project score victory

The City of Boerne’s Planning and Zoning Commission voted 3-2 in favor of rezoning some 26.6 acres of land off Herff Road. The project which is being planned for the area, called Legacy at Cibolo, was formerly known as The Village at 17 Herff until a recent rebranding.