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/Houston-area in U.S. medical office sales

The Westover Hills Medical Plaza, located along the Hwy. 151 corridor, includes three medical offices, is among the properties within a 1.4 million-sf portfolio purchased by an affiliate of global real estate investment firm Heitman LLC. The three medical offices make up just over 200,000 sf in the larger portfolio, which includes 17 buildings in […]

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Dallas-based real estate firm buys medical office complex

Velocis, a Dallas-based private equity real estate manager, has purchased a 224,262 square foot medical office complex adjacent to the South Texas Medical Center. The seven-building Class A complex Legacy Oaks recently underwent extensive capital improvements. It is currently 75 percent leased by a mix of health care providers. Tenants include Baptist Health System, MEDNAX, […]

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A Strong Year Awaits the San Antonio Medical Office Market

Conditions improved in the San Antonio medical office market in the first quarter evidenced by a slight decrease in the citywide vacancy rate within the city’s inventory of more than 7.2 million square feet of medical-only office lease space. Even as the healthcare business model continues to undergo significant change, fundamental factors, such as population […]

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REOC Releases 4Q 2016 Medical Office Market Report

The San Antonio medical office market retained its positive gains into the fourth quarter to complete an overall positive year in 2016. The stable local economy and expanding demographics proved to be a stimulus for healthy leasing activity following demand for medical office space. The year-end total reached 83,514 square feet of positive net absorption […]

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REOC San Antonio Releases 3Q16 Medical Office Market Update

Extending the positive performance demonstrated in the first half of the year, the San Antonio medical office market registered positive gains in the third quarter to further its growth cycle. The stable local economy and expanding demographics continue to spur healthy leasing activity and demand for medical office space. New leases and expansions generated 36,926 […]

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REOC San Antonio Releases 1Q16 Medical Office Market Update

Conditions improved in the San Antonio medical office market in the first quarter.  Citywide occupancy within the city’s inventory of more than 7 million square feet of medical-only office lease space improved compared to the previous quarter and rents ticked up.  Demand for medical office space generated positive net absorption in the first three months of […]

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REOC Releases 4Q 2015 Medical Office Market Report

At the close of the year, the citywide rental rate stood at $24.55 per square foot per year on a full-service basis marking a $0.06 increase from last quarter and $0.59 increase from the same quarter a year ago. New, higher-priced options typically work to push up average rental rates but the primary factor in […]

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REOC Releases 3Q 2015 Medical Office Market Report

Topping medical market news in the third quarter, Cumberland Surgical Hospitals LLC, an affiliate of Post Acute Medical, filled the former Victory Hospital which declared bankruptcy this past June. Cumberland offers a vast array of services including neuro spine surgery, gastroenterology, and orthopedic surgery among others. “The filling of the 82,316 square foot hospital will help […]

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REOC Releases 2Q 2015 Medical Office Market Report

The medical office market in the San Antonio metro area remained stable during the second quarter.  Although gross leasing activity within medical-only office buildings generated only 1,874 square feet of positive net absorption, demand by doctors and medical-related tenants continues to spill over into other commercial properties.  While this dispersion of activity lessened the concentration

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‘Sluggish’ local medical office market result of evolving healthcare delivery

San Antonio’s real estate market has delivered a steady stream of good news so far this year, so it’s somewhat ironic that the one sector not firing on all cylinders is medical office space. Prolonging the flat close to 2014, this year’s first quarter period did little to give the medical office market a boost […]

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