Kim Gatley Senior Vice President & Director of Research at REOC San Antonio
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Hines, the international real estate firm, recently announced that it will develop Corner Ridge Crossing, a master-planned, four-building, 576,800-square-foot light industrial business park in northeast San Antonio. The 45-acre property is located within Cornerstone Industrial Park and features direct access to Ackerman Road, less than one mile north of a full interchange on I-10.
Corner Ridge Crossing will be Hines’ first industrial project in
San Antonio, and groundbreaking is anticipated in July with completion in the
second quarter of 2020.
Corner Ridge Crossing will feature two rear-load buildings
totaling 198,000 square feet, one 127,000-square-foot front-load building and
one 252,000-square-foot cross dock building. The park will have direct access
to a full I-10 interchange via Ackerman Road and to loop 410 via Cornerway
Boulevard and feature Class A building characteristics including 28’-32’ clear
height, ample car and trailer parking, and two points of ingress/egress. Corner
Ridge Crossing will be able to accommodate tenants ranging in size from 19,000
square feet to 252,000 square feet.
Corner Ridge Crossing will have space available beginning in Q1 2020.
80-acre development will feature 550,000 square feet of retail, including a long strip center and 14 pad sites
The Shops at Dove Creek is opening in a few months as the next power center on San Antonio’s Far West Side. This area has seen continued demand for big-box retail.
Portions of the land have been sold to users like KB Homes, Casey Development, and Flix Brewhouse LLC. Plans include a 170-unit subdivision behind the retail part of the development and an apartment complex.
The University of Texas at San Antonio has received a $15 Million gift to support their proposed School of Data Science. One of UTSA’s major component is to accelerate the development of its Downtown Campus as a destination for producing professionals in big data and analytics, advancing economic development in the urban core, and creating prosperity for San Antonio.
UTSA is also in discussions with the City of San Antonio and Bexar County for …Read Entire Post
First building completed at Gateway10 Business Park near Interstate 10 and North Foster Road
XPO Logistics Inc. signed a lease for an entire warehouse at Gateway10 Business Park in Northeast San Antonio. The Class A distribution center broke ground in October and was completed in July. XPO will be occupying the first completed building in the development. The warehouse has a …Read Entire Post
A view behind the fence of Microsoft’s Data Center Cluster on the edge of Bexar County.
Microsoft filed plans to build three more data centers in the Far West Side, just over the Bexar County line. Each data center is planned to be 225,000 square feet to include a 14,000-square foot office space.
Development firm that formed to build the Pearl, Silver Ventures, asked the city to rezone 7.9 acres of its land to “infill development zone” which will allow a variety of commercial and residential uses like high-rise offices, apartment buildings, bars and hotels.
Lynd broke ground on its future 35,000-square-foot corporate headquarters in Shavano Park. The headquarters will have a 1,200-square-foot military museum on the building’s ground floor, which will be …Read Entire Post
Architects and design team include Lake Flato and BokaPowell
Hixon Properties Inc.’s Cavender office project on Broadway Street has broken ground.
The six-story, 140,600-square-foot office project is at the corner of Broadway and Eighth streets on the lot of a former Cavender Cadillac dealership. Along with the new office space, the building will feature …Read Entire Post
The buildings would be constructed in a Southwestern architectural style similar to that at Randolph.
County Commissioner Tommy Calvert is proposing a public-private partnership between the county and developers designed to bring more public services and retail options to the area around Joint Base San Antonio-Randolph.
The plan would entail the county selling parts of a 51-acre plot of land it owns just south of the base, at the crossing of Rocket Lane and Loop 1604 in Converse, to developers who would build a mixed-use construction project known as Santé 51.
The Logistics Commerce Center on San Antonio’s Northeast Side will be built in two phases.
Davis Commercial Development broke ground on its Logistics Commerce Center, a 400,400 sf industrial complex in the Northeast Side of San Antonio. The center is being built int the Cornerstone Industrial Park and will be comprised of 260,000 sf Class A cross-dock warehouse, and a 140,400 sf front-load warehouse.
“The growth of San Antonio and the overall economic growth of the city is driving the demand for …Read Entire Post
