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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Texas manufacturing continues to expand

Texas manufacturing continued to expand in July with production picking up and optimism about the future rising to its highest level since 2010, according to new data from the Federal Reserve Bank of Dallas. Texas manufacturers made more goods this month and factories are using more of their capacity, according to the Texas Manufacturing Outlook […]

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Texas employment jumped 38,300 in September

Texas added 38,300 net new jobs in September, leading the nation in job growth, the Texas Workforce Commission reported Friday. The state’s seasonally adjusted unemployment rate edged up to 4.8 percent in September from 4.7 percent in August. The national unemployment rate for September is 5 percent. Texas led the nation with a 38,300 boost to […]

High-end, destination retail development planned for Hwy 281

Taking advantage of improved access along the highway, Rinco of Texas, Campestres Resorts and Gomez Vazquez International Architects are finalizing plans for a 37-acre destination retail development just south of Blanco along Highway 281. The four-phase project is slated to break ground in spring 2017.

Halliburton to auction off shuttered 103K-sf facility in Alice

After operating for more than 16 years in Alice, oilfield services giant Halliburton is moving forward with plans to auction off a shuttered facility there. Halliburton Co. closed its 19.18-acre facility at 850 Commerce St. in Alice in March 2015, where it laid off 60 employees. The closure came during one of the bleakest periods […]

Despite Setback, Lone Star Rail Moves Forward

The decision by Union Pacific to end its working relationship with Lone Star Rail District (LSRD) in February, was a blow in efforts to develop a passenger rail line between San Antonio and Austin. Many board members said Union Pacific’s choice to stop working with Lone Star Rail was disappointing, but that they hoped the company would return. The completion of the impact […]

Whataburger buys property next to North Side headquarters

Whataburger has bought a 2.4-acre property with a three-story building next to its North Side corporate headquarters through a subsidiary controlled by company executives. The San Antonio-based burger chain bought the building at 400 Concord Plaza Dr. last month from OI Rehab LP, according to county property records. The 50,000 square-foot building is currently home […]

San Antonio among most cost-friendly cities for business

San Antonio has received high marks in a study of the most cost-friendly cities to do business. The study by tax, audit and advisory firm KPMG LLP examined the 31 largest U.S. metro areas (those with populations of 2 million or more) to compile its 2016 Competitive Alternatives study.

Legislative successes that will change Texas real estate forever

Texas REALTORS® had several big wins in the 2015 legislative session. Here are some highlights: A real estate 2-for-1 on the ballot On November 3, Texas voters will have the chance to permanently ban taxes on the sale of real estate and to increase the homestead exemption from $15,000 to $25,000. Brokers, you’re about to […]

San Antonio’s unemployment fell to 3.7 percent in March

Unemployment in the San Antonio-New Braunfels metropolitan area dropped to 3.7 percent during the month of March, according to labor market data figures released by the Texas Workforce Commission. This is down from San Antonio’s 3.8 percent unemployment rate in February and down from 4.9 percent during March 2014. Statewide, Texas’ unemployment rate fell to 4.2 […]

The outlook for home sales in 2014

The outlook for home sales in 2014 in Texas looks very promising. Three things help predict future home sales volume: job growth, cheap mortgage money and home price appreciation. Texas continues to create jobs at an impressive rate. That job growth is likely to continue through 2014. Texas has added over 459,000 jobs since January […]