San Antonio
Holiday Inn Riverwalk Ready for Tourists After Undergoing $13M Renovation
InterContinental Hotels Group PLC has just completed a $13 million makeover of its Holiday Inn San Antonio Riverwalk. The hotel near River Walk underwent full renovation, which can be seen in various aspects of the facility, starting with the lobby.
Walmart to Hire 275 People at Northeast Supercenter
Walmart Stores Inc. is looking to hire about 275 full- and part-time employees at its new Supercenter, along Binz-Engleman and Foster Road, which is expected to open this spring. The Northeast project is one of the four that the Bentonville, Ark.-based company is currently developing in the Alamo City.
Two San Antonio Apartment Communities Change Hands
The San Antonio apartment market seems to be very attractive for investors, with two important multifamily properties having changed hands recently. Sierra Ridge, a 230-unit apartment community located on the city’s North Central Side, has a new owner since February 14.
146-Room Boutique Hotel Planned for Pearl
The Pearl development will have a new boutique hotel next year, as Kimpton Hotels & Restaurants was selected to operate a 146-room project on the former brewery site. The boutique hotel will include two new restaurants, a roof-top pool, venue space facing the San Antonio River and a cocktail bar.
Brookhollow Park Office Building Changes Hands
The San Antonio office of Transwestern has recently brokered the sale of Brookhollow Park – a 102,466-square-foot Class A office building. Located in the North Central submarket of San Antonio the multi-tenant building is currently 100 percent leased.
306-Unit M-F Property Trades in San Antonio’s Steaming Hot Market
Multi-family sales volume in San Antonio closed 2012 with a bang, and the change in ownership of the 306-unit Manor at Castle Hills was among the long list of transactions.
Gold’s Gym Adds Two New Facilities in Alamo City
Gold’s Gym International (GGI) continues to add new fitness facilities in growing San Antonio areas. The company has recently announced plans to open two new gyms, totaling 103,000 square feet of space that will be added to the 20 locations it already operates in the Alamo City.
Phase One of $100M Solar Project Breaks Ground in San Antonio
OCI Solar Power is in the process of developing Alamo I, the first phase of a $100 million major solar project in San Antonio. Phase I of this project will have a capacity of 41 megawatts and is expected to complete by mid-2013.
Dave & Buster’s to invest $15M in SA Venue
Dallas-based Dave & Buster’s announced plans for a new dining, arcade and entertainment venue at Rivercenter Mall, in the downtown of the Alamo City. The new Dave & Buster’s will be located in the former Joske’s building and should be open in the summer of 2014.
Éilan Development Sells to Lone Star Funds as Part of $720M Deal
Netherlands-based Wereldhave has recently announced the decision to sell its entire U.S. portfolio to Lone Star Funds, a Dallas-based private equity firm. Wereldhave expects to close the deal with Lone Star Funds in the first quarter of 2013.