San Antonio
Victory Medical Center Landmark Expands Facilities by 60,000 SF
Victory Medical Center Landmark broke ground on 60,000 square-foot multi-use medical building, expanding its premier medical facilities. The new development is adjacent to its existing surgical hospital located at 1604 Loop in northwest San Antonio.
MIG Real Estate Acquires San Antonio’s The Marquis at Roger’s Ranch Apartment Community
California-based real estate investment company MIG Real Estate has announced the acquisition of the 246-unit residential community, The Marquis at Roger’s Ranch, in northwest San Antonio. The newly acquired property marks the company’s fifth investment in Texas multifamily properties. The price of the transaction has not been disclosed.
Strand at Huebner Oaks Shopping Center Acquired by Whitestone REIT
The Strand at Huebner Oaks Shopping Center has a new owner. Whitestone REIT, a fully integrated real estate company that owns, operates, and redevelops Community Centered PropertiesTM, acquired the retail complex with funds from its corporate credit facility.
Harbor Group International Announces Sale of Bella Madera Apartments
Harbor Group International, LLC announced the sale of the Bella Madera apartment community to affiliates of Falkin Platnick Realty Group. The property had been acquired by the current seller in November 2007.
VIA Metropolitan Transit Announces Launch of Phase II of Multimodal Project
VIA Metropolitan Transit has begun the construction of the second phase of the Westside Multimodal Transit Center project. Part of VIA’s SmartMove initiative, the Westside Multimodal Transit Center is included in VIA’s 2035 Comprehensive Transportation Plan. This round of the development includes a new transit plaza.
Corporate Office Properties Trust Announces Full-Building Lease in Sentry Gateway Office Park
COPT, the Corporate Office Properties Trust announced the execution of a full-building lease with the U.S. Government. The building is currently under construction in the COPT’s Sentry Gateway office park in San Antonio and will encompass approximately 160,500 square feet.
Petro Waste Environmental Proposes $5M Oil-Field Waste Disposal Site
San Antonio-based Petro Waste Environmental, a company that provides environmental services, has proposed an oil-field waste disposal and treatment site for a 204-acre piece of land in Nordheim, DeWitt County, one of Eagle Ford Shale’s busiest drilling areas. The application has been presented to the Texas Railroad Commission for the second time, after being denied in 2013 because of the risk the proposed facility inflicted on the area, possibly causing or allowing pollution to surface or subsurface waters and because of protests by local residents.
Coventry Homes Relaunches Luxury Line in San Antonio
San Antonio’s strengthening housing market calls back developers. Coventry Homes announced its come back in the region with their line of luxury production homes in six new communities encompassing approximately 400 home sites that will be made available by the end of the year.
Luxury Apartment Community Aura at the Rim Breaks Ground in San Antonio
Northwest of San Antonio, a new luxury apartment community has broken ground. Aura at the Rim is being built by Dallas-based developer Trinsic Residential Group, LLC.
Berkadia Commercial Mortgage Arranges $13.2M for Acquisition of Two San Antonio Properties
Two properties located in and near San Antonio have been acquired through financing from Berkadia Commercial Mortgage LLC. The loans, totaling $13.2 million, have been arranged by the company’s Senior Vice President Andy Hill.