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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San Antonio medical market remains resilient

The San Antonio medical market has shown remarkable resilience through the recent economic downturn but it is not without vulnerabilities. The University of Texas School of Medicine recently completed the construction of the Medical Arts & Research Center, also known as the MARC (286,000 sf), located in the South Texas Medical Center. This growth is […]

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Retail rents turn in tenant’s favor in 3Q

The national recession may technically be nearing its end but the local retail market continues to reflect a slow economy. San Antonio retail properties recorded only 45,228 square feet of positive net absorption in the third quarter which raised the year-to-date total to 314,849 square feet. The third quarter gain improved the citywide vacancy rate […]

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Park North adds Alamo Drafthouse & Laugh Out Loud

Park North

New construction through the first nine months of the year delivered roughly 885,000 square feet of speculative retail space to the San Antonio market. With less than 250,000 square feet expected to reach completion by the end of the year, total retail construction for 2009 will likely register less than a […]

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Northeast market quick to re-tenant darkened retail space

The Village at Forum Parkway

Over the past twelve months, the San Antonio retail market has suffered some setbacks caused by the prolonged recesssion. Regardless of how well our local economy has performed, national retailers like Linens ‘N Things, Circuit City and Mervyn’s were forced to close up shop across the country which […]

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Industrial market sees unexpected bounce in third quarter

The competitive industrial market, which recorded negative absorption through the first half of the year in response to the economic slowdown, experienced an unexpected bounce in the third quarter. Gross leasing activity generated 240,068 square feet of positive net absorption, primarily within Northeast distribution warehouse facilities.

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4350 Lockhill Selma lands first tenants

4350 Lockhill Selma

After sitting vacant since completion late last year, 4350 Lockhill Selma landed its first two tenants in the third quarter. San Antonio-based Vidacare Corporation, developer of medical devices, recently leased 16,932 square feet. The University of Texas San Antonio leased 11,168 square feet and plans to move in before the […]

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Tenant moves pain office market

Even though South Texas has been less affected than other areas by the recent economic downturn, national recessionary pressures have pushed into the San Antonio market. Less than 300,000 square feet of speculative office space is currently under construction – a mere fraction of the 1.4 million square feet that was under construction a year […]

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Sublease space stabilizing

The increasing amount of sublease space available in the marketplace reflects how a difficult economy has taken its toll on local businesses. More than 1.8 million square feet of office, retail and industrial sublease space is currently being marketed throughout the San Antonio area. Although the total is up from 1.7 million square feet measured […]

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