REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

Got a Commercial Real Estate Need or Question?


Ask One of Our Trusted Advisors

Toyota expanding manufacturing plant with $391M investment

Toyota plans to upgrade its manufacturing technologies within the plant, and the footprint may expand in some areas as a result. Although no timeline was provided, Toyota estimates its total investment in the plant will exceed $3 billion when complete.

…Read Entire Post
Share

Windmill Investments purchases Cotter office building portfolio

Alamo Towers

Windmill Investments recently purchased the six-building portfolio and now the company’s founder and CEO, Daniel Carter, says significant changes will start to be seen at the properties.

Windmill Investments began in the Pacific Northwest in the early 1980’s, but a majority of its portfolio today is in Texas, prompting Carter to move its operations to San Antonio.

…Read Entire Post

Share

Elevated lanes planned for IH-35 expansion

Courtesy TxDOT

The Texas Department of Transportation has unveiled plans for a 20-mile expansion of Interstate 35 that would make part of it a limited-access, non-tolled and double-decked freeway northeast of Loop 410 through Selma and Schertz.

First-phase construction on the $2.1 billion project is slated to begin around spring 2021 with completion expected in 2026 but the final phases have no timetable or dedicated funding yet, agency officials said. …Read Entire Post

Share

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

Share

Texas unemployment remains at all-time low

Texas’ unemployment rate held steady at 3.4 percent, matching the record-low rate set in June 2019, according to the Texas Workforce Commission. 

In July, the Texas economy added 35,200 seasonally adjusted Total Nonfarm positions. Texas employers added 323,300 jobs over the year.   …Read Entire Post

Share

Local real estate veteran Paul Fagan joins REOC

Paul Fagan, CCIM, SIOR

Local commercial real estate veteran Paul Fagan recently joined REOC San Antonio as its new executive vice president.

Fagan joins REOC from Cushman & Wakefield | San Antonio Commercial Advisors, where he had been a founding principal since 1989. With a career in commercial real estate spanning 38 years, Fagan will continue to provide advisory and brokerage services in his new position. Previously, Fagan has specialized in office and industrial properties. …Read Entire Post

Share

San Antonio ranks among leading metros for economic growth potential

San Antonio was recently listed among the top-ranked large metros for Economic Growth Potential in Business Facilities’ 15th Annual Rankings Report. Click to read full article: Atlanta, San Antonio, Phoenix Lead In Economic Growth Potential (Business Facilities, July 29, 2019)
Share

Japanese company to bring 900 jobs to Cibolo

AW Texas, Inc., a Japanese transmission maker owned by Fortune Global 500 company Aisin, plans to build a $400-million plant in Cibolo that will span approximately 500,000 square feet and bring 900 jobs to the Northeast San Antonio suburb.

Groundwork is expected to start September along the IH-10 frontage road at S Santa Clara Road across from the San Antonio Raceway. …Read Entire Post

Share

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

Share

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

Share