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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New Mixed-Use Development Planned for Brooks City Base

Caroline at Brooks

The Brooks Development Authority, a public-private partnership with the City of San Antonio, teamed with Houston-based Morgan Group to construct Caroline at Brooks, an eight-building complex of multifamily and retail space.

Shovels are expected to hit the ground this week and the $84 million project, to go up at 7910 S New Braunfels Avenue, is slated for completion in September 2024.

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More Industrial Space Planned for San Antonio

Foster Commerce Center

Kansas City-based NorthPoint Development will build Foster Commerce Center, a 2.2 million-square-foot industrial park that will be located about 10 miles east of downtown San Antonio.

The six-building development will be constructed in phases, with the initial phase comprising two buildings totaling 650,000 square feet.

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CenterPoint Logistics Park Phase II underway

CenterPoint Logistics Park

Dallas-based Jackson-Shaw, a national real estate development company, is moving forward with Phase II of the CenterPoint Logistics Park, located at 4235 Milling Road, just inside Interstate 410, south of where it intersects with Interstate 35.

Phase II consists of two buildings totaling 416,707 square feet of Class A industrial development. Building 1 is 139,427 square feet and Building 2 is 277,280 square feet.  Building 1 is rear-load, and Building 2 is cross-dock.

The park enjoys great visibility with more than 2,200 feet of frontage at the Interstate 410 and Interstate 35 interchange.

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Boerne Town Center Coming Soon

Boerne Town Center

Abiso Real Estate Services LLC announced plans for Boerne Town Center – a new retail project to be located at the northeast corner of IH-10 W at Christus Parkway.

Plan calls for four small retail buildings, each spanning roughly 5,000 sf and offering a mix of retail and restaurant space for the likes of MOD Pizza, McAllister’s Deli and Chicken Salad Chick.

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New Office Tower Planned for Port San Antonio

Port San Antonio – DeLorean Tower

Port San Antonio (fka Kelly AFB) recently announced plans that will reshape the look and feel of the former military base.  The centerpiece of the plan is a 300,000-square-foot high-rise office tower which would serve as the new corporate headquarters for DeLorean Motor Co.

Construction on the office tower could begin before the end of the year at a cost of approximately $18.5M; and the goal is to reach completion early in 2025.

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Koontz Corp. Breaks Ground on Westport Industrial Park

Westport Industrial Park

Locally based developer Koontz Corp. recently broke ground on Westport Industrial Park, a 374,400-square-foot project in San Antonio located at 438 S. Callaghan Road on the city’s West side.

Koontz Corp. is developing Westport Industrial Park in phases, with the first of the two 187,200-square-foot buildings set to be delivered in February 2023.

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Two New Medical Office Buildings Coming to Ridgewood Plaza

Ridgewood Plaza

Two new medical office buildings are slated for development in the Ridgewood Plaza business park in Far North Central San Antonio. Construction is slated to begin in early June and is expected to be complete by February 2023.

WellMed will occupy 18,000 square feet to fill the first building will share the lot with the existing TSAOG Orthopedic and Spine Ridgewood Orthopedic Center located at 19138 US Hwy 281 N. …Read Entire Post

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Core5 Purchase

Courtesy Core5

Atlanta-based Core5 Industrial Partners recently acquired 164 acres in Schertz, a northeastern suburb of San Antonio.

Plans call for the development of a 1.8 million-square-foot industrial project. Construction of Phase I, which will comprise two buildings totaling roughly 1 million square feet, is set to begin later this year.

Read entire article: Core5 Industrial to Develop 1.8 MSF Project in Schertz, Texas (REBusiness Online, 5.2.22)

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VanTrust Set to Break Ground on Cornerstone Commerce Center

Cornerstone Commerce Center

Kansas City, MO-based VanTrust Real Estate, LLC recently acquired one of the last sites in the Cornerstone industrial area situated in the northeast quadrant of the Loop 410 & IH-10 Interchange in Northeast San Antonio.

VanTrust is set to break ground on Cornerstone Commerce Center Phase I later this summer.  The 60-acre site is located less than half a mile north of the intersection of IH-10 and Ackerman Road, with direct access to Ackerman.

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OneFiftyOne Medical Office Under Construction

OneFiftyOne-Medical Office

Construction is underway on OneFiftyOne Medical Office, a new Class A medical office building located along the Highway 151 corridor in Westover Hills.

Situated in the Far West sector of San Antonio, the 60,000-square-foot building will sit on 4.4 acres at the intersection of Westernhill Drive and Hwy 151. …Read Entire Post

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