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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OKIN BPS opening headquarters in San Antonio

Aerial view of Brooks

Prague-based business and services provider OKIN BPS has selected San Antonio for its U.S. headquarters. The expansion will create around 1,500 jobs and nearly $23 million in capital investment. OKIN BPS has received an incentive from the Texas Enterprise Fund grant for $6.6 million.

The new offices will be located at …Read Entire Post

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Power Center opening in Far West Side

80-acre development will feature 550,000 square feet of retail, including a long strip center and 14 pad sites

The Shops at Dove Creek is opening in a few months as the next power center on San Antonio’s Far West Side. This area has seen continued demand for big-box retail.

 

Portions of the land have been sold to users like KB Homes, Casey Development, and Flix Brewhouse LLC. Plans include a 170-unit subdivision behind the retail part of the development and an apartment complex.

 

The remaining 80 acres will include 

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$15 Million Gift and Downtown Land for UTSA

The University of Texas at San Antonio

The University of Texas at San Antonio has received a $15 Million gift to support their proposed School of Data Science. One of UTSA’s major component is to accelerate the development of its Downtown Campus as a destination for producing professionals in big data and analytics, advancing economic development in the urban core, and creating prosperity for San Antonio.

UTSA is also in discussions with the City of San Antonio and Bexar County for …Read Entire Post

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Flix Entertainment buys lots in Far West Side

Flix_logoFlix Entertainment, a Round Rock-based microbrewery and movie theater chain, purchased a vacant plot within a future shopping center on the booming Far West Side.

Flix purchased the 5.9 acres along Loop 1604, three-quarters of a mile south of the Walmart Supercenter on Potranco Rd. from a partnership linked with local development firm Blackburn Properties.

The company identifies San Antonio as one of the markets where it is considering building a movie theater by 2021.

Click here to read the full article: Round Rock chain enters San Antonio market with land purchase on far West Side (San Antonio Express News, 7-13-18)

 

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Eagle Ford Shale Sale

texas_eagle_ford-oil-rigIrving-based Pioneer Natural Resources is selling part of its Eagle Ford Shale land holdings for $102 million. Denver-based Sundance Energy Inc. will buy the 10,200 acres that are valued at roughly $10,000 an acre.

The land is located in Atascosa, La Salle, Live Oak and McMullen counties in the western portion of Pioneer’s Eagle Ford Shale holdings. …Read Entire Post

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Whataburger affiliate buys more land near airport

whataburger_concordCompanies controlled by Whataburger executives now own 28 acres of land at the crossing of Loop 410 and U.S. 281 after buying a 9.9-acre property at the southwest corner of the intersection, near San Antonio International Airport, on October 6, property records show. The land is occupied by At Home and Tuesday Morning retail outlets. …Read Entire Post

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CPS Energy to sell riverfront property next to Lone Star Brewery

cps logoCity-owned utility company CPS Energy is selling nearly 12 acres of riverfront property in one of San Antonio’s hottest real estate markets.

The property is at the southern edge of the trendy Southtown neighborhood between the Union Pacific Railroad tracks and the west bank of the San Antonio River where it has 950 feet of frontage. The neighboring property that was once home to the Lone Star Brewery is being transformed into a $300 million mixed-use development that includes entertainment, retail and apartments. …Read Entire Post

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Santikos sells 81 acres on far West Side

Santikos Enterprises has sold 81 acres of vacant land next to an H-E-B Plus on Potranco Road to a company linked to local developer John H. Roberts, property records show.

The property, just west of the corner of Potranco and Clover Creek roads, is one of the few remaining large patches of vacant land within Loop 1604 on the far West Side, where residential and commercial development is booming. The land is zoned for commercial use. …Read Entire Post

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FedEx’s Canadian landlord expanding SA industrial footprint

fedex_logo

FedEx landlord buys 16 acres adjacent to Schertz facility.

PIRET — based in Vancouver, BC — is under contract for the 16 acres adjacent to the FedEx facility at 9929 and 9943 Doerr Lane as part of the REIT’s long-term goal of refocusing its core assets through new acquisitions and dispositions. The deal is expected to close sometime this quarter and will be worth an estimated $2.8 million.

FedEx accounts for more than 24.5 percent of PIRET’s rental income, with the 202,763-square-foot property in the San Antonio area as one of a number of properties the shipping company leases from the REIT. …Read Entire Post

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Rim-area property put up for sale

I-10_1604A local developer has been struggling to put together plans for a 15-story office tower in the explosive northwestern San Antonio corridor, and after nearly a decade of trying, the 6.7-acre site has been put on the market.

A Northwest San Antonio developer has tried unsuccessfully to get a 15-story office tower off the ground, but last-minute talks with a potential tenant could bring some spark to the 300,000-square-foot project. …Read Entire Post

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