REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

Got a Commercial Real Estate Need or Question?


Ask One of Our Trusted Advisors

Retailers could be the big winners over Labor Day weekend, survey says

empty cartLabor Day weekend traditionally marks the end of summer travel season, and many stores put on sales and promotions to lure customers to splurge on clothes, school supplies, toys, electronics and sundry other items one last time.

Labor Day might be the most underrated shopping holiday, according to a recent survey conducted by online coupon site RetailMeNot.com. …Read Entire Post

Share

Xceligent Signs National Agreements with Major US Brokerages

xceligent_logoXceligent, Inc., a leading provider of proactively researched commercial real estate information and marketing solutions, is pleased to announce that CBRE Group, Inc., Colliers International, and Jones Lang LaSalle Americas, Inc. have signed multi-year agreements for Xceligent researched products.  The agreements provide for access to the Xceligent platform in all existing and future US markets, including the 100+ markets to be launched as part of Xceligent’s national rollout of its comprehensive research solution. …Read Entire Post

Share

SA’s Best CRE Deals in 2013

2013CRE_BestClick to check out the San Antonio Business Journal’s slideshow of this year’s best deals in commercial real estate.

…Read Entire Post

Share

Top 10 Real Estate Issues

realestateWhat are the top issues affecting the real estate market in 2013? 

Click to review the latest Top 10 Issues Affecting Real Estate 2013 list compiled by The Counselors of Real Estate (CRE), a Chicago-based organization that evaluated global economic conditions and domestic priorities which are impacting or have the potential to impact the country’s real estate sector over the coming year.  …Read Entire Post

Share

REOC San Antonio says Go Spurs Go!

spurs

Share

Bexar property values rise

increase_valueProperty values in Bexar County are up, with commercial real estate posting some of the biggest increases.  Overall, values in Bexar County — with about 648,000 properties — will rise about 5 percent.

Commercial properties will see the biggest spike, with about a 12 percent rise in values. Residential properties will see an approximately 2 percent bump.  That means many property owners will pay more in taxes, which means local school districts and governments will collect more from ad valorem taxes.

Still, even though the real estate market is rebounding, a number of areas are still seeing foreclosures — a factor the appraisal district uses to set property values — while other communities go mostly unscathed.

The double-digit jump for the commercial market was an expected outcome as it continues its rebound. Apartment buildings are at the top of the sector with values increasing about 20 percent.

“There’s still a significant amount of challenge in the market, especially in some pockets,” said Kim Gatley, a vice president at commercial real estate firm REOC San Antonio. “And definitely, property by property, there are issues that would mitigate the appraised increase. But overall, as the economy improves and leasing continues, the natural outcome is that it increases value.” …Read Entire Post

Share

Housing market recovery will continue to lift commercial real estate

Economic expansion and job growth will drive recovery as interest rates rise.  Recovery in the housing market augers for continued improvement in U.S. commercial real estate over the next two years.

Despite challenges – including gradually rising interest rates and government spending cuts – the outlook for commercial real estate is positive. The U.S. economy is expected to grow by 1.9% in 2013 and accelerate to 2.8% in 2014. This growth will spur the creation of 4.8 million jobs over the next two years. As job growth accelerates, so too will demand for commercial real estate, leading to continued improvement in vacancy rates. …Read Entire Post

Share

Net Lease Market Remains White Hot

Cap rates for the single tenant net leased market remained near historic lows for retail, office and industrial sectors in the first quarter of 2013. Cap rates for net lease office and industrial properties declined while retail cap rates remained at 2012 fourth quarter levels.

Regardless of the decline in cap rates for office and industrial properties, net lease retail properties remain priced at a 45 and 77 basis point premium over office and industrial properties respectively. Properties occupied by credit tenants with long term leases experienced the greatest compression in the first quarter of 2013. …Read Entire Post

Share

Wealthy, business-savvy Mexican Immigrants transform Texas city

Settling in San Antonio with private jets and Porsches, their influence has been compared to that of well-heeled Cubans who took refuge in Miami decades ago. 

The Mexican businessmen in Rolexes and Burberry ties meet on the north side of town, at Cielito Lindo Restaurant, or at new neighboring country clubs. Their wives frequent Neiman Marcus, Tiffany’s and Brooks Brothers at the nearby mall. Their children park Porsches with Mexican license plates in the student lots at Reagan High School.

They have poured into developments with names like the Dominion, Stone Oak and Sonterra that were cut into the rocky hills and oak groves north of the Loop 1604 highway that rings the city.

More than 50,000 Mexican nationals now live permanently in San Antonio, city officials say, turning an upscale enclave known as “Sonterrey” or “Little Monterrey” into the city’s second-fastest growing ZIP code.

Click to read entire article: Wealthy, business-savvy Mexican Immigrants transform Texas city (L.A. Times, 3-24-13)

Share

Texas earns Site Selection honors with 761 projects in 2012

Site Selection magazine awards the Governor’s Cup each year to the governor of the state with the highest number of qualified capital investment projects the previous calendar year. Texas is back in a big way with a commanding first-place finish in the 2012.

“This is a confirmation of the men and women of the Texas legislature understanding that if we will continue with the predictability and stability of tax and regulation and legal policy that allows entrepreneurs to keep more of what they earn, then we will become the job creation magnet in America,” Gov. Rick Perry told Site Selection on February 21st. “That is what has happened.”  …Read Entire Post

Share