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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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.

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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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H-E-B buys 871 acres outside of San Antonio city limits

H-E-B has purchased 871 acres of vacant land on the East Side in unincorporated Bexar County, almost doubling its land in and around San Antonio as it faces increased competition from Walmart, Amazon and the newcomer Lidl grocery chain.

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REOC Releases 2Q 2017 Retail Market Report

Source: REOC San Antonio

In the midst of what some economists are calling a retail meltdown, the San Antonio retail market maintained its sub-ten percent citywide vacancy rate and recorded gains in the second quarter which offset losses recorded in the first quarter. The growing popularity of discount stores accounted for much of […]

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REOC Releases 2Q 2017 Office Market Report

Source: REOC San Antonio

The San Antonio office market continued steadily on its positive trend in the second quarter accompanied by the delivery of 389,369 square feet of new office lease space. The much anticipated Landmark One building (164,351 sf) came online at the intersection of Loop 1604 & IH-10 in the North […]

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REOC Releases 2Q 2017 Industrial Market Report

Source: REOC San Antonio

At first glance, the San Antonio Industrial market appears to have experienced a robust second quarter. Upon closer inspection, however, the recorded 720,719 square feet of positive net absorption is somewhat misleading. New construction delivered the Carrier Corp building (850,000 sf); the considerable gain from this one pre-leased facility […]

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Broadway office development to cost $84.6 million

The mixed-use office and retail development will feature a 10-story South Tower, which will be approximately 221,000 square feet, and a 6-story North Tower totaling 123,000 square feet.

A 10-story mixed office and retail development is set to replace the Sarma Building which previously sat at 1801 Broadway Ave.

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Another retailer has filed for bankruptcy

The children’s clothing retailer Gymboree filed for Chapter 11 bankruptcy protection late Sunday. The mall-based chain says it plans to remain in business during its restructuring, but will close 375 to 450 stores out of its fleet of its 1,281 locations. Gymboree says the restructuring will reduce its debt by more than $900 million and […]

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Microsoft expanding its SA footprint

Microsoft Corp. continues to invest in its San Antonio data center clusters, including about $50 million for a new building near its Westover Hills computer server farm, according to state construction documents.

The new cooling facility on the 5100 block of Rogers Road is expected to be completed in September. The facility is for cooling […]

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Positive Job Outlook and Housing Expansion Fuel the Retail Market

Although currently well within a sub-10% vacancy rate, recent activity in the San Antonio retail market has some wondering where are all the retailers? Despite leasing activity, tenant moves and closures yielded 108,621 square feet of negative net absorption.

While the large national retailers are impacted the growing demand of online shopping, smaller retailers, including […]

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