San Antonio
La Cantera Hill Country Resort Announces Multimillion-Dollar Makeover
San Antonio, with its stable and diverse economy, driven by fast growing manufacturing and strong military investment, medical providers and energy industries and a flourishing tourism industry with over 26 million visitors annually, demonstrated how it is possible to dodge recession. To keep up with the growing demand, the hospitality sector is highly attentive with the client satisfaction, thus improvement works are part of the blooming industry.
Presidium Group Acquires Sentinel Pointe in San Antonio, Quarters in Dallas
Presidium Group, LLC continues its series of investments in the state of Texas. Recently the company announced the acquisition of two additional residential communities in the state of Texas – Sentinel Pointe, a 91-unit apartment complex located in midtown San Antonio, and Quarters, a 208-unit property in Dallas.
CBRE Announces Sale of Villa Rosa Medical Plaza in San Antonio
By Anca Gagiuc, Associate Editor Villa Rosa Medical Plaza in San Antonio has changed owners. The seller, L&B Realty Advisors LLP, was represented in the transaction by Chris Bodnar and Lee Asher, from CBRE Group Inc.’s U.S. Healthcare Capital Markets Group, and Scott Herbold and Todd Mills from its San Antonio office. The buyer is American Healthcare Investors, but the amount […]
WestRidge One Office Development Announces First Tenants
One of San Antonio’s oldest companies, Harland Clarke Holdings Corp. and its wholly owned subsidiary Harland Clarke, has chosen a new global headquarters. The selected property is part of the master office park located at 15955 La Cantera Parkway, owned by USAA Real Estate Company (“RealCo”) and developed in partnership with Patrinely Group.
Koontz McCombs Sells Encino Trace Office Park to Brandywine Realty Trust
Encino Trace, the office park project located in southwest Austin at 5707 Southwest Parkway, has been sold by San Antonio-based developer Koontz McCombs to Brandywine Realty Trust. Details about the transaction remain undisclosed.
HMC Opens Wyndham Microtel Inn & Suites
The Eagle Ford Shale oil and gas development is a powerful magnet for different kinds of businesses. Hospitality Management Corporation (HMC) recently announced the opening of a newly built Microtel Inn & Suites by Wyndham in Kenedy, TX, just one hour south of San Antonio.
KB Home Acquires 78-Acre Lot for New Mirabel Community
A new community of single family homes is scheduled to enter the construction phase starting this September, northwest of San Antonio, at the base of the Texas Hill Country, and along the IH-10 corridor. Mirabel will spread on 78 acres, recently purchased by renowned homebuilder KB Home and is expected to hold the groundbreaking event in spring of 2015.
Clarion Buys 165 KSF Office Portfolio in San Antonio, Expands Presence
Clarion Partners has acquired University Park Tech Center III & IV, a 165,007-square-foot, Class A flex/office property in San Antonio.
NRP Group Sells Belleza at Cresta Bella Apartments to Inland
The Class A multifamily development Belleza at Cresta Bella Apartments has changed owners. NRP Group LLC turned it over to Illinois-based Inland, a distinguished Real Estate Investment Trust for an undisclosed amount; the sale has been brokered by CBRE.
Heyco Energy Group Invests in Gas Converting Plant for Eagle Ford Shale Area
About an hour and a half east of San Antonio in Lavaca county on alternate U.S. Highway 77, Dallas-based Heyco Energy Group announced the development of a new plant. It will produce liquefied natural gas (LNG) which will be sold to fuel distributors, not directly to the public or LNG users.