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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Pearl-like Development Planned for Eastside

Eastside developmentCity Council approved zoning changes that will allow local developer Efraim Varga and investment partners to construct a multi-block, mixed-use complex in the Eastside’s Denver Heights. A $43.5 million improvements package was approved in January 2015 that is slated to improve connectivity to the Henry B. Gonzalez Convention Center expansion and Hemisfair Park.

The neighborhood, plagued with crime and vagrancy, stands to undergo a revitalization similar to that which the Pearl brought to the crumbling brewery complex just north of downtown. …Read Entire Post

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Peloton Commercial RE invests in North Central San Antonio market with flex-office buy

Northbrook Business Center Building 1

Northbrook Business Center Building 1

Flex-office spaces are having a moment right now, and coupled with rising demand for properties in North Central San Antonio, Peloton‘s recent investment was a double score.

The Texas commercial real estate firm recently closed on its acquisition of the Northbrook Business Center at 140 Heimer Road, a flex office and industrial property in the desirable North Central submarket. According to Real Capital Analytics, the property contributes $8 million to Peloton’s real estate portfolio. …Read Entire Post

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