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

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Multinational real estate firm enters SA with 235K-sf warehouse buy

AEW Capital Management LP, a multinational institutional investor, recently entered the San Antonio real estate market with its purchase of the two-building Lanark Distribution Center TA Realty.

The 235,000-square foot facility is located along the I-35 corridor at 610 Lanark in the Northeast sector of the City.  The property’s front building is 147,376 square feet and was built in 1975 while the 88,044-square-foot back building was built in 1982. …Read Entire Post

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Eastgroup Properties plans construction of Ridgeview 35

   Ridgeview 35

Mississippi-based industrial developer EastGroup Properties is planning another industrial park in San Antonio.  Ridgeview 35, which will consist of four buildings totaling 369,000 square feet, will be located across from Brooke Army Medical Center between Interstate 35 and Loop 410 along Binz-Engleman Road.

This project is expected to break ground this quarter.  Phase one of the project will consist of two buildings totaling 226,000 square feet. …Read Entire Post

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More co-working space coming to San Antonio

Paradox Partners LLC is launching a co-working concept in a two-story, 39,333-sf building at 8522 Broadway St.

The company, which will base its operations in San Antonio, plans to open the initial Paradox co-working space in part of a two-story building on Broadway Street near San Antonio International Airport that was bought out of foreclosure two years ago by an investor group headed by Alex Gerber. …Read Entire Post

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University Health System plans new 12-story tower

New University Health Tower

San Antonio’s University Health System is proceeding with plans to build a 12-story tower at its main campus, located in the South Texas Medical Center.

Upon the late 2022 completion of the $500-million expansion, the new tower will hold the healthcare system’s inpatient women’s and children’s medical services and will offer two emergency departments for OB/GYN patients and children.  …Read Entire Post

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Huebner corridor near South Texas Medical Center to get new multimillion-dollar medical campus

Peripheral Vascular Associates facility

Peripheral Vascular Associates has broken ground on a multimillion-dollar campus it will own on Huebner Road near the South Texas Medical Center, having outgrown its leased space in Northwest San Antonio. The new PVA Pavilion will span about 17,000 square feet and house multiple imaging laboratories, vascular laboratories and exam rooms.

…Read ENTIRE POST
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Hines to build 577K SF Industrial

Proposed Corner Ridge Crossing

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.

Click to read full article: Hines to develop Corner Ridge Crossing in San Antonio (Hines press release, June 30, 2019)

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Northwest Side will get new office space

Farinon Business Park III

Work on the final building at the Farinon Business Park has begun. Farinon Business Park III will be a two-story, Class A office building with 84,590 rentable square feet –41,186 on the first floor and 43,404 rentable square feet on the second.

Once complete, the Farinon Business Park project, will bring …Read Entire Post

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H-E-B breaks ground on 1.6 million-square-foot facility

H-E-B broke ground on its largest single-build warehouse in company history. According to Carson Landsgard, H-E-B’s senior vice president of supply chain and logistics, the future warehouse’s capacity will begin at 200 shipping doors, and 180 trailers of product will be shipped every day.  About 600 to 700 people are projected to be employed at the warehouse, half of those positions will be …Read Entire Post

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Meritage Homes leases space at Inwood Village

Meritage Homes is new tenant at Inwood Village

Meritage Homes has become Inwood Village’s first tenant. They will be occupying about 16,000 square feet: 5,000 square feet on the first floor, 11,000 square feet on the second. Meritage indicated the site to be ideal because of the amenities, setting and flexibility to grow.

The first phase of Inwood Village is currently …Read Entire Post

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Data center expansion planned in Westover Hills

Stream Data Centers plans expansion

Stream Data Centers, a subsidiary of Stream Realty Partners is planning a $5 million expansion, according to state permits. The San Antonio-based data center in Westover Hills is now 75,840 and plans to add another data hall at the facility. Three suites each include 10,000 square feet for computer servers.

Data Center activity in the Westover Hills neighborhood continues to grow. Predictions show …Read Entire Post

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