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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Local partnership breaks ground on retail center

Valcor Commercial Real Estate and RFM Commercial took partnership to break ground last week on a 9,100-square-foot development. While that may not seem like much space for such a fast-growing area of San Antonio, there’s a reason the development is taking on a smaller scale — Valcor and RFM were considering their neighbors.

YMCA developed the land and is on an upcoming bond measure that would provide it with the funds to buy another 6 acres adjacent to its now-open facility to develop into sports fields.

Valcor and RFM started drafting plans for the Westover Market retail development that tapped into the submarket’s strengthening fundamentals and increasing demand, but also helped enhance the the space YMCA created.

Westover Market will have six spaces that will be perpendicular to oncoming Highway 151 traffic. One space will include a patio and has been preleased to a tenant that is described as “Mediterranean fast casual.”

Click here to read the original article: Local partnership breaks ground on retail center San Antonio Business Journal 3-23-2017

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