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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USAA to fill three floors at One Riverwalk Place

Downtown San Antonio is slated to gain 150 jobs later this year.  Financial services firm USAA recently confirmed plans to move 150 employees to One Riverwalk Place.  The 18-story office building, purchased by USAA last year, is located at 700 N. St. Mary’s Streetin the heart of downtown San Antonio.

The move is expected to fill three floors of office space which will improve conditions in the Central Business District.  At the close of 2013, the vacancy rate for all classes of downtown office space neared 30%.

There have been reports that USAA needed additional space to accommodate their expanding workforce.  In the first quarter of 2013, growth spilled out of the USAA campus into more than 128,000 square feet of office space in the nearby University Park Tech Center III & IV located near the intersection of Interstate 10 & Northwest Parkway.

USAA is expected to move personnel into One Riverwalk by late September.

Click to read USAA confirms downtown plans, releases more details (San Antonio Business Journal, 2-14-14)

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