San Antonio
Harbert Buys Lockhill Selma Office Property in San Antonio
By Camelia Bulea, Associate Editor Harbert United States Real Estate Fund IV L.P. announced the acquisition of 4350 Lockhill Selma, a three-story, 116,545-square-foot Class A office building in San Antonio. Additionally, the company bought the adjacent land parcel, on which it plans to develop a second phase. Financial terms were not disclosed. Travis Pritchett, managing […]
TSU Taps Contractors for $9M Campus Renovation
By Camelia Bulea, Associate Editor Texas State University has selected Houston-based Satterfield & Pontikes Construction Inc. as construction manager for a $9.3 million project in San Antonio. The firm will oversee the renovation of a 37,500-square-foot psychology building, according to the San Antonio Business Journal. Work is scheduled to start next spring. The scope of […]
Air Force Opens Dental School; Contractor Selected to Build Helotes Walmart
By Camelia Bulea, Associate Editor The U.S. Air Force opened a $38 million dental school in San Antonio. The dental school and clinic consists of 56,000 square feet of space and has 69 treatment rooms, 5,400 square feet of lab space and 125 assigned personnel, according to the San Antonio Express-News. The San Antonio Business […]
Maxim Invests $65M to Expand San Antonio Facility
By Camelia Bulea, Associate Editor Maxim Integrated Products Inc., a Fortune 1000 semiconductor company headquartered in Silicon Valley, will invest approximately $65 million to expand its semiconductor fabrication facility in San Antonio. Purchased in 2003 from Philips Semiconductors Inc., the 380,000-square-foot facility will also undergo an equipment upgrade as part of the same investment, according […]
Texas Biomedical Research Institute Breaks Ground on 70,000-SF Lab Complex
By Camelia Bulea, Associate Editor The Texas Biomedical Research Institute has broken ground on a 70,000-square-foot complex that will house 15 research laboratories. The $26.5 million building will provide eight laboratories for the institute’s federally designated Southwest National Primate Research Center (SNPRC), which conducts research on tuberculosis, heart disease, diabetes and AIDS, according to the San […]
BC LYND Hospitality Buys 103-Year-Old Hotel
By Camelia Bulea, Associate Editor BC LYND Hospitality has bought an historic hotel in downtown San Antonio. The 103-year-old hotel, called the St. Anthony Hotel, will undergo about $24 million in renovations. BC LYND is a joint venture of LYND and BC Commercial Partners L.L.C. The property represents the first significant acquisition that the joint […]
San Antonio Welcomes Newly Completed $28M Dispatch Center
By Camelia Bulea, Associate Editor In 2010, the San Antonio Express-News announced that the city of San Antonio and Brooks Development Authority (BDA) had broken ground on the city’s new fire and police emergency dispatch center at Brooks City-Base. A year and a half later, the San Antonio Business Journal has announced the new development’s opening. […]
Bluegreen Communities Sells for $29M
By Camelia Bulea, Associate Editor SouthStar Communities acquired Bluegreen Communities for $29 million. According to the San Antonio Business Journal, the buyer took ownership of some residential communities as part of the deal , as follows: Vintage Oaks at the Vineyard and Havenwood at Hunters Crossing, both in the city of New Braunfels, which is located […]
H-E-B Opens its Largest SA Store
By Camelia Bulea, Associate Editor H-E-B’s new largest store is located in the San Antonio area’s busiest market for new-home building, at Bandera Road and Loop 1604. It measures 182,000 square feet and is the company’s 10th H-E-B Plus. The Plus store is adjacent to an older H-E-B store, which the company will lease out. […]
Christus to Transform Downtown Campus into Children’s Hospital
By Camelia Bulea, Associate Editor After receiving approval from Christus Health, Christus Santa Rosa Health System will invest $135 million to transform its downtown campus into a freestanding hospital. The current facility, an acute-care center serving adults and children, is to be transformed into a hospital dedicated entirely to children’s healthcare services and pediatric research, […]