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 Amazon Fulfillment Center – Schertz Hines recently purchased the 1,262,294-square-foot Amazon fulfillment center in Schertz. The new owner reportedly spent $129.2 million for the colossal Class A warehouse. The sale is the company’s fourth global logistics purchase this year. The facility is situated at 6000 Schertz Parkway, just west of Interstate 35 and 20 miles northeast of downtown San Antonio. …Read Entire Post  1101 Sentry Gateway Microsoft Corp. recently acquired a 95,000-square-foot office building near several other local facilities it owns on the city’s Far West Side. The company bought the property at 1101 Sentry Gateway from Sansa II LLC. The seller owned the building for less than a year before the transaction. It bought the property in January of 2020 from the city of San Antonio. The city owned it since 2012 for use as a CPS Energy data center. …Read Entire Post
GrayStreet Partners, a local developer, purchases San Antonio’s former Lone Star Brewery for $14.45 million.  Click article link below to watch video As part of REBusinessOnline’s Finance Insight series, Charles Cronin of Axiom Capital Corp. recently discussed how the longest upcycle in history is impacting the lending environment.
Worldwide commercial real estate investment volumes increased by 10% in the fourth quarter of 2019, to $245 billion. |
