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New leases and expansions generated 108,746 square feet of positive net absorption for the period spanning the months of April through the end of June, according to the survey of more than 47 million square feet of retail lease space. The second quarter gain raised the year-to-date total to 371,043 square feet. As a result, […] Los Angeles-based Tryperion Partners recently closed on the purchase of Gateway Plaza (138,510 sf) located at7513 N Loop 1604 E, adjacent to the new At Home store (formerly Garden Ridge Pottery) situated near the Interstate Highway 35/Loop 1604 interchange in the Northeast community of Live Oak. The center’s tenant line-up includes Burlington Coat Factory, Hancock […] “Current trends in healthcare real estate continue to change the medical office market landscape,” says Carl Bohn, Vice President, REOC San Antonio, a locally-based full-service commercial real estate company. In recent years, healthcare providers, who aggressively compete for customers, are much more focused on providing convenience and enhancing the patient’s experience. As such, medical services […] Locally-based payroll service provider Execupay has moved its corporate offices to accommodate new growth. The company’s new headquarters at 10500 Heritage Blvd, Suite 110, is nearly twice the size of its former location with 28,199 square feet of office space. The company, which is celebrating its 40th anniversary this year, will host a grand opening […] Texas American Resources (TAR) recently sold its existing production, proved reserves and Eagle Ford and Austin Chalk oil development opportunities on its 55,000 net acres of leasehold to an undisclosed buyer for $135 million. The property is spread across four South Texas counties – Dimmit, Frio, La Salle and Zavala. TAR still owns and operates […] Tenant demand for industrial space continued to tighten the local market in the second quarter. According to the survey of 461 industrial properties totaling nearly 33.7 million square feet of space, the San Antonio industrial market experienced 199,748 square feet of positive net absorption which marks a thirteenth consecutive quarter of absorption growth. “Recent gains […] Walmart recently celebrated the grand opening of two new Walmart stores – including a Walmart Supercenter at 12639 Blanco Road on San Antonio’s North Central Side and the new Neighborhood Market at 9526 Military Drive West on the city’s far West Side. Combined, the two stores will create approximately 400 new jobs in the city […] Stream Realty Partners recently closed on the purchase of Building 1 in the City Park East Distribution Center (40,800 sf) located at 8555 NE Loop 410 on the city’s Northeast Side. “The San Antonio industrial market, and the Northeast submarket in particular, continue to perform well,” said Jason Schnittger, Managing Director, Brokerage/Transaction Specialist for Stream. […] New leases and expansions inked in the second quarter generated 297,378 square feet of positive net absorption which raised the year-to-date total gain to 612,054 square feet. “Over the past ten years, there have been good years and lean years; on average, the local office market experienced roughly 350,000 square feet of net gain per […] The median price for an existing single-family home hit a record high of $188,200 in June, up 5 percent compared to the same month last year, according to the San Antonio Board of Realtors (SABOR). Activity also picked up. June sales totaled 2,474 – up 6 percent compared to June 2013 and a reversal of […] |
