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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Remote Work Expected to Hurt Downtown Spending – But May Help Suburbs

The new analysis of the impact of long-term remote work after the pandemic and its potential impact on cities indicates that more remote work means fewer commuters – and that means less revenue for cities and potential challenges for the commercial real estate sector. …Read Entire Post

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CPS Energy sells 146 Navarro for $22M

CPS Energy recently sold its Navarro Building to Los Angeles-based BH Properties for $22.3 million.  The building and garage, located at 146 Navarro St., is situated across the street from its former headquarters at 145 Navarro.

Built as a seven-story parking garage for HemisFair ’68, CPS Energy has been the building’s sole occupant since the event, adding three stories of office space above the garage in 1987.

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Pabst Brewing Co. moving HQ back to SA

The company behind such storied suds as Lone Star and Pabst Blue Ribbon is now calling San Antonio home — again.  Pabst Brewing Co. recently closed its offices in Los Angeles and Dallas, and is renovating two floors for its new headquarters at the Rand Building at 110 E. Houston St. downtown. The building is owned by local developer Weston Urban. …Read Entire Post

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GrayStreet Partners Buys Former Lone Star Brewery

GrayStreet Partners, a local developer, purchases San Antonio’s former Lone Star Brewery for $14.45 million.

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Area’s biggest projects still on tract despite uncertainty

Despite the uncertainty in the air, some of San Antonio’s largest and most anticipated commercial developments are still set to finish this year.

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Completion of $60M apartment project signals new era of downtown living

Courtyard at Encore SoFlo

Encore SoFlo, a new 339-unit apartment complex development in the Central Business District near Southtown, was recently completed by Dallas based, Encore Enterprises Inc. Surrounded by several other projects in the area, Encore SoFlo is creating a demand for retail and restaurants. …Read Entire Post

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CPS Energy to Sell Mission Road Power Plant as Energy Think Tank Pivots

Former Mission Road Power Plant

EPIcenter, a nonprofit created by CPS Energy, decided against using former Mission Road Power Plant as its headquarters saving an estimated $75 million in upgrades. …Read Entire Post

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A Rudderless Ship: A Hope for Affordable Housing

In hopes to create more affordable housing, the San Antonio Housing Trust offered $30 million in tax breaks without realizing rents are too high for majority of low-income residents.

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Parking deck planned near Bexar County courthouse

Bexar County Archives Building

Parking for multiple Bexar County facilities downtown will soon get easier.

The county confirmed plans to build an eight-story parking deck with ground-floor office space on a existing surface parking lot at 126 E. Nueva St., just behind the Bexar County Archives Building. The ground-floor office space will be reserved for county offices, though it is not known which departments will occupy the space.  …Read Entire Post

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