San Antonio
Aragon Adds M-F Property to Growing San Antonio Portfolio
California-based Aragon Holdings has purchased a 228-unit Class B property in North Central San Antonio. The Carmel at Deerfield apartment complex brings the real estate investment fund’s portfolio to six apartment complexes and a total of 1,248 units in the Alamo City.
Nationwide Insurance Opens Fortified for Safer Business Campus
Nationwide Insurance officially opened its new campus in Westover Hills, making it the first-ever FORTIFIED for Safer Business campus in the United States. The 280,000-square-foot sales and operations center was built to the Institute for Business and Home Safety’s disaster-resistance standards, meaning it is able to withstand disasters such as hurricanes, wildfires and windstorms.
M&G Finalizes Land Purchase for PET, PTA Plants in Corpus Christi
Italy-based M&G Group has purchased land in Corpus Christi on which to build the world’s largest integrated polyethylene terephthalate (PET) plant.
UT, Vanguard to Develop $350M Children’s Hospital
By Camelia Bulea, Associate Editor The University of Texas Health Science Center at San Antonio was authorized to execute an agreement with Vanguard Health Systems, according to which the two parties will co-develop a state-of-the-art children’s hospital in the Alamo City. The proposed $350 million, 250-bed facility, funded by Vanguard, will be designed and built […]
New $45M Teaching Center Gets Green Light
By Camelia Bulea, Associate Editor The University of Texas System Board of Regents authorized the building of a $45 million academic learning and teaching center at the UT Health Science Center San Antonio. In an official statement, Kenneth Kalkwarf, D.D.S., M.S., president ad interim of the Health Science Center, said the necessary funding would come […]
North San Antonio Welcomes New Golf, Garden Home Community
By Camelia Bulea, Associate Editor Austin-area homebuilder Jimmy Jacobs Homes has unveiled a new model home in new community the Fairways at River Crossing, in North San Antonio. During the ribbon-cutting ceremony, the developer presented a small, gated community of 45 home sites in Spring Branch. Prices for the garden homes start at $190 and […]
Continental Properties Breaks Ground on The Springs at Stone Oak Village
By Camelia Bulea, Associate Editor While the single-family housing market in San Antonio attempts to recover from the collapse, the multifamily market is seeing important growth, mainly due to renter demand. With an occupancy rate of 94 percent, San Antonio’s far North Side is rapidly growing in popularity, creating the necessary requirements for a booming […]
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 […]