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

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Industrial Market Looking Forward to a Solid Year Ahead

After a vigorous performance in 2016, it seems as if the San Antonio industrial market paused in the first quarter to catch its breath.  Despite new leases and expansions, the market experienced 84,529 square feet of negative net absorption. New supply easily outpaced demand with four projects totaling more than 323,000 square feet of industrial […]

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Property values increase by double digits

Across Bexar County many property owners are finding their land is more valuable this year as the notifications for the latest property appraisals are being sent out. The total value for commercial properties across the city is up nearly 11 percent in 2017 compared to 2016, according to the Bexar County Appraisal District. The value […]

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Christus pursuing regional expansion

San Antonio’s oldest hospital system is moving to add more facilities in this region as it seeks to stay in front of the population growth in and around the nation’s seventh-largest city. Christus Santa Rosa Health System, which expects to complete work on the $150 million transformation of its downtown campus into the Children’s Hospital […]

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Capital One closing San Antonio-area branches

Capital One Financial Corp. is closing its seven San Antonio-area branches in June as part of an ongoing consolidation of its banking network. The McLean, Virginia, financial institution began notifying customers by mail this month of the impending closings. Federal law requires financial institutions to notify customers and regulators 90 days before closing a branch.

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Gensler made its San Antonio debut with a new office at Pearl

Gensler, a global architecture and design firm based in San Francisco, has subleased office space in the Pearl’s Full Goods Building within the WestEast Design Group’s space on the second floor. The office is the company’s fourth in Texas, following outposts in Austin, Dallas and Houston.

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UT Health San Antonio expansion; New Boerne medical center

UT Health San Antonio is putting the final touches on a new $19 million medical center in Boerne that represents a potentially much larger leap of faith for the Alamo City institution. The 19,000-square-foot ambulatory multispecialty complex, set to open next month, could be a first step toward more medical investment in high-growth corridors beyond […]

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IKEA to buy 31 acres for SA-area location

IKEA is moving forward with plans to open a San Antonio-area location as part of the company’s goal to “fill in the middle of the country with a little bit of Sweden.” The retailer is currently under contract for 31 acres of vacant land at the corner of I-35 and Loop 1604, the future home […]

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More retailers jumping on the sale-leaseback train with SA locations

There are two questions a retailer faces before opening a new location — to own or to lease — but an increasing number of them are making a new choice once those locations are up and running. Across San Antonio, retailers such as Academy Sports + Outdoors, CVS, Family Dollar (NYSE: FDO), Walgreens and Gold’s […]

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Specialty grocers will hit the gas while HEB and Wal-Mart slow down

Two of the largest retailers in San Antonio’s grocery sector will back away from the aggressive expansion plans they’ve fueled over the past several years, leaving some breathing room for the smaller retailers to build some momentum. H-E-B and Wal-Mart Stores Inc. (NYSE: WMT) will hit the reset button come 2017, with H-E-B planning to […]

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Whataburger joint venture closes on Central SA office, retail property

The partnership between the San Antonio-based burger chain and Milam Real Estate Capital — a local investment management and development firm — closed last week on 100 and 200 Concord Plaza from CPS Energy’s pension affiliate, which has owned the property since 2001. The former address is a 2.7-acre lot of vacant land, and the […]

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