REOC San Antonio
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Kim Gatley
enior Vice President & Director of Research at REOC San Antonio

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Weingarten Sells Fiesta Trails Movie Theater Site to Koontz for Multifamily Development

Fiesta Trails Apartments

Houston-based Weingarten Realty recently sold the former Regal Fiesta 16 movie theater property to San Antonio-based Koontz Corporation.  Koontz plans to break ground in early 2022 on a new 300-unit class A multifamily apartment community.

The recently rezoned 10.36-acre site, located at 12631 Vance Jackson Road, backs up to the Fiesta Trails Shopping Center, anchored by local grocer H-E-B, Bob Mills Furniture, La-Z-Boy, Marshall’s, Party City, Petco and other retailers and restaurants.

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Cold Creek Solutions plans 305,000-SF facility at IH-10/Loop 410

CSS San Antonio Facility

Dallas-Fort Worth-based developer Cold Creek Solutions (“CCS”) recently announced plans for a 305,000-sf state-of-the-art cold storage building at the intersection of I-10 E and Loop 410 to support the region’s continued growth and development.  CCS anticipates breaking ground this fall so that the facility will be ready for operation in late 2022.

Upon completion, the facility will provide storage for 45,000 pallets of frozen or refrigerated products.  Unlike existing vintage facilities and other new builds in the region, this new project, designed by ARCO National Construction, will allow for a large-scale or multi-operator build-out with tremendous efficiencies.

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Two more buildings underway at Cornerstone Industrial Park

Indiana-based Scannell Properties recently broke ground on two industrial warehouse buildings in the Cornerstone Industrial Park located near the intersection of Loop 410 and I-10 on the City’s east side.

Headquartered in Indianapolis, Scannell is building Cornerstone Logistics Crossing, a Class A speculative industrial park at 5367 and 5311 Dietrich Road totaling 423,260 square feet of warehouse space. …Read Entire Post


Converse to get its first professional office park

Converse Town Center

The City of Converse Economic Development Corp. recently sold two parcels in the city’s center, which will be developed into Converse Town Center, a collection of four single-story office buildings totaling 29,000 square feet.
The project, which is a collaboration between five local partners, will be located at 301 Converse Center Street. …Read Entire Post


Developer breaks ground on Four Oaks Distribution Center in Schertz

Four Oaks Dist Ctr

Phelan-Bennett Development and equity partner, Rosewood Property Company, recently broke ground on the Four Oaks Distribution Center, a class-A 170,000-square-foot speculative industrial development on 9.5 acres in Schertz, just outside San Antonio. Construction is expected to last nine months with a tentative completion date in fourth quarter 2021. …Read Entire Post


New office space in Alamo Heights at 200 Austin Hwy

200 Austin Hwy

Locally-based, Ridgemont Properties Inc. recently delivered 200 Austin Highway in Alamo Heights.  The 28,000-square-foot office development is aimed to attract local small businesses with three completed spec suites.

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New industrial park underway near Loop 410 & I-35

CenterPoint Logistics Park

Dallas-based Jackson-Shaw broke ground on CenterPoint Logistics Park – a 65-acre master-planned industrial park at 4235 Milling Road, near the intersection of Loop 410 & IH-35.  The project is a partnership between Jackson Shaw, a national real estate developer, and Dallas real estate investment firm Thackeray Partners.

The first phase of the project includes three buildings totaling 302,518 square feet.  Each building will include flexible space for office, showroom, manufacturing, distribution, assembly and other industrial uses. Two of the buildings are rear-loaded, one is front-loaded.

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Medical and corporate campus expansions top largest building permits in November

November saw more than $554 million in commercial construction permits with values of at least $2 million each, according to city of San Antonio records. …Read Entire Post


Worth & Associates Breaks Ground on Walker Ranch Business Park

Overall Site Plan

Worth & Associates is under construction on Walker Ranch Business Park, a two-building, 135,000-square-foot office park in San Antonio. The site is located on 10.8 acres at the corner of Wurzbach Parkway and West Avenue in the city’s North Central submarket. …Read Entire Post


Jefferson Bank breaks ground on Broadway HQ

Jefferson Bank has begun construction on the new Broadway office tower that will serve as its headquarters.  The project will include a 230,000-square-foot office building at 1900 Broadway with ground-floor retail space, five levels of parking and eight levels of office space. …Read Entire Post