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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Windmill Investments purchases Cotter office building portfolio

Alamo Towers

Windmill Investments recently purchased the six-building portfolio and now the company’s founder and CEO, Daniel Carter, says significant changes will start to be seen at the properties.

Windmill Investments began in the Pacific Northwest in the early 1980’s, but a majority of its portfolio today is in Texas, prompting Carter to move its operations to San Antonio.

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More co-working space coming to San Antonio

Paradox Partners LLC is launching a co-working concept in a two-story, 39,333-sf building at 8522 Broadway St.

The company, which will base its operations in San Antonio, plans to open the initial Paradox co-working space in part of a two-story building on Broadway Street near San Antonio International Airport that was bought out of foreclosure two years ago by an investor group headed by Alex Gerber. …Read Entire Post

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Northwest Side will get new office space

Farinon Business Park III

Work on the final building at the Farinon Business Park has begun. Farinon Business Park III will be a two-story, Class A office building with 84,590 rentable square feet –41,186 on the first floor and 43,404 rentable square feet on the second.

Once complete, the Farinon Business Park project, will bring …Read Entire Post

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Meritage Homes leases space at Inwood Village

Meritage Homes is new tenant at Inwood Village

Meritage Homes has become Inwood Village’s first tenant. They will be occupying about 16,000 square feet: 5,000 square feet on the first floor, 11,000 square feet on the second. Meritage indicated the site to be ideal because of the amenities, setting and flexibility to grow.

The first phase of Inwood Village is currently …Read Entire Post

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St. Croix Capital Cos. purchases Network Tech Center complex

Network Tech Center

University Business Park – Network Tech Center has been acquired by St. Croix Capital Cos. The office complex had previously been sold to Typerion Partners in September 2015 when they purchased it from Clarion Partners. Now, Typerion has sold the asset while Quadrant Capital Partners provided …Read Entire Post

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San Antonio coworking space franchise expands

Collaborative coworking space Venture X

Venture X LLC has expanded its North Side office at 18911 Hardy Oak Blvd. with an additional 7,600 square feet of space as demand grows for collaborative office spaces.

The company has completed a three-phase expansion to include three additional conference rooms, seven private offices, a …Read Entire Post

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Bank of America leases 66,000 sf near the Pearl

Bank of America will move some of its San Antonio business to Broadway Street

Bank of America is leasing 66,000 square feet of office space at Broadway Street near the Pearl. Bank of America will be neighboring Credit Human’s fully leased 10-story office tower.

According to Vince Fertitta, Bank of America San Antonio market president, the move is a demonstration of growth strategy in San Antonio. “We continuously evaluate our real estate portfolio to ensure we are optimizing work space so our teams can have stronger collaboration and better serve the needs of our clients. We’re also thrilled to be moving to one of the newest buildings in this growth area of town that has so much to offer our clients and employees.”

Silver Ventures Chief Marketing Officer Elizabeth Fauerso said …Read Entire Post

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Former West Side print shop turning into 8,000 square feet of office space

A rendering of The Shop Workspaces at 2201 Buena Vista St.

A rendering of The Shop Workspaces at 2201 Buena Vista St.

Former Munguia Printers building at the corner of Buena Vista Street and South Navidad Street is turning into 8,000 square feet of office space for tech startups.

The new building will be a modern design, two-story structure with capacity to host around 25 smaller businesses. Owner envisions …Read Entire Post

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NYC-based WeWork to open downtown co-working space in San Antonio

A WeWork common space and conference room in Houston, Texas.

A WeWork common space and conference room in Houston, Texas.

Co-working company WeWork has leased five floors of the historic Kress Building at 315 E. Houston St. They will be located two blocks from local co-working Geekdom at the Rand Building.

The San Antonio WeWork space will have room to accommodate more than 1,100 members. The company offers …Read Entire Post

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Weston Urban purchases building near current Frost Tower venture

Weston Urban has purchased 201 W. Commerce St.

Weston Urban has purchased 201 W. Commerce St.

Downtown developer Weston Urban purchased 103-year-old building at the northwest corner of Flores and Commerce streets.

Plans include turning 10,000 square feet into creative office space. Other ground-floor tenants include VIA Metropolitan Transit, 7-Eleven, and Metro PCS.

CEO Randy Smith said the building is in an important spot adjacent to …Read Entire Post

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