San Antonio
Steadfast, Blackstone Complete $461M MF Portfolio Deal
Irvine, CA-based Steadfast Income REIT, Inc. (SIR) entered into a joint venture arrangement with Blackstone Real Estate Income Trust, Inc… Read more
Preferred Office Nabs 258K-SF Westridge at La Cantera
Preferred Office Properties LLC acquired Westridge at La Cantera, a 258,000-square-foot, two-building property on San Antonio’s far northwest side. The… Read more
Walmart to Shutter Neighborhood Market
Wal-Mart Stores Inc. announced it would be closing one of its Neighborhood Markets on San Antonio’s northeast side. The store… Read more
GrayStreet Partners Buys ISD Bus Depot; Area Planned for Redevelopment
GrayStreet Partners purchased the Austin Street bus depot complex from the San Antonio Independent School District. The 14-acre complex is… Read more
Passenger Rail Service Between OKC and South Texas? There’s a Study for That
The Texas Department of Transportation (TxDOT) is moving forward on another step of a federally funded study to determine the… Read more
Restaurant Openings Scheduled at Brooks
Chef Johnny Hernandez is bringing his Mexican-styled concepts to Brooks, on San Antonio’s south side. To that end, he will… Read more
Final Price Tag of $150M on New CPS Energy HQ
Sundt Construction and CPS Energy have settled on a price for the latter’s new headquarters in the former AT&T buildings… Read more
Examining San Antonio’s Craft Breweries
NAI Partners’ study on craft breweries in San Antonio showed that, in terms of sheer numbers, it has the smallest… Read more
Six State, 27-Property Self Storage Portfolio Sold
A joint venture partnership between certain funds managed by Westport Capital Partners LLC and Store Here Management, LLC divested a… Read more
Microsoft Buys Data Center for $80M
Microsoft Corp. acquired a 202,000-square-foot data center on San Antonio’s west side, paying seller California-based Chevron $80 million. The 34-acre… Read more
NRP Under Contract for 54 Acres
NRP Group is under contract to buy 54 acres of vacant land near the Brooks master-planned development on San Antonio’s… Read more
Failed Redevelopment Plans Leads Brewery to the Auction Block
The Lone Star Brewery, which developers hoped to renovate into a $300 million mixed-use project, is in foreclosure, and scheduled… Read more
San Antonio Targeted for Tesla Supercharger
Tesla Inc. is planning to put a supercharger kiosk in San Antonio. The local kiosk, to be built at La… Read more
Local Firm Planning Rehab of 40K SF
Ridgemont Properties, headquartered in San Antonio, wants to rehabilitate a vacant building at 900 Broadway into office space for start-ups.… Read more
Hines Gears Up for First San Antonio Multifamily Development
Hines announced it will develop a four-story, 380,000-square-foot multifamily project in the RIM retail power center in northwest San Antonio.… Read more
Whataburger Affiliate Continues Buying Spree
EG Tejas LLC, a company controlled by Whataburger President and CEO Preston Atkinson and other executives, acquired 28 acres at… Read more
Meineke Wants Five More Centers by 2020
Meineke Car Care Centers, an automotive repair franchise, is planning to bring five new locations to San Antonio by 2020.… Read more
Home Sales Taper, While Inventory Remains Tight
San Antonio’s summer home-buying frenzy tapered off somewhat in September 2017, with monthly sales numbering 2,587, a 1% decrease year… Read more
Construction Work Commences on 108K-SF Aging Institute
The University of Texas Health San Antonio has launched construction on a 108,000-square-foot facility that will be the new home… Read more