{"id":1004169279,"date":"2017-03-14T07:35:51","date_gmt":"2017-03-14T15:35:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004169279"},"modified":"2022-12-07T05:09:01","modified_gmt":"2022-12-07T13:09:01","slug":"capturerx-chooses-sas-tech-district-for-expansion","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/capturerx-chooses-sas-tech-district-for-expansion\/","title":{"rendered":"CaptureRx Chooses SA\u2019s Tech District for Expansion"},"content":{"rendered":"<p><em>By Anca Gagiuc<\/em><\/p>\n<div id=\"attachment_1004169285\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress-Building-San-Antonio.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004169285\" data-attachment-id=\"1004169285\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/capturerx-chooses-sas-tech-district-for-expansion\/kress-building-san-antonio\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress-Building-San-Antonio.jpg\" data-orig-size=\"1000,667\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Kress Building, San Antonio\" data-image-description=\"&lt;p&gt;Kress Building, San Antonio&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Kress Building, San Antonio&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress-Building-San-Antonio.jpg?w=1000\" class=\"wp-image-1004169285 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress-Building-San-Antonio.jpg\" alt=\"Kress Building, San Antonio\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress-Building-San-Antonio.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress-Building-San-Antonio.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress-Building-San-Antonio.jpg?resize=768,512 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004169285\" class=\"wp-caption-text\">Kress Building, San Antonio<\/p><\/div>\n<p><strong>San Antonio<\/strong>\u2014CaptureRx, a healthcare IT company serving more than 2,700 pharmacies and 500 hospitals and health centers in 45 states, announced the relocation of the company\u2019s headquarters to the historic Kress Building, in San Antonio\u2019s Downtown Tech District. The 60,000-square-foot, six-story property will be completed by its landlord, GrayStreet Partners, and CaptureRx will move into the space in early 2018.<\/p>\n<p>San Antonio\u2019s Business Retention &amp; Expansion team, which is led by the San Antonio Economic Development Fund and includes the City of San Antonio, Bexar County and the State of Texas, worked to keep CaptureRx in Alamo City. As part of the City and County agreements, CaptureRx will create and retain at least 314 full-time jobs over the next six years.\u00a0The company was founded in 2000 by Christopher Hotchkiss and J. Edward Gilmartin.<\/p>\n<p>\u201cThe leadership of the San Antonio community and the state of Texas were compelling factors in our decision,\u201d Chris Hotchkiss, chairman of CaptureRx, said in a prepared statement. \u201cWe were impressed with how they all came together and were extremely supportive of our company\u2019s future growth. The availability of such an architecturally-significant historic building, and the opportunity to be part of the developing downtown tech district along Houston Street, helped us ultimately choose to remain in San Antonio.\u201d<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress_Building_01.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004169286\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/capturerx-chooses-sas-tech-district-for-expansion\/kress_building_01\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress_Building_01.jpg\" data-orig-size=\"615,821\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Kress_Building_01\" data-image-description=\"&lt;p&gt;Kress Building, San Antonio&lt;\/p&gt;\n\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress_Building_01.jpg?w=615\" class=\"alignleft wp-image-1004169286 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress_Building_01.jpg\" alt=\"Kress Building, San Antonio\" width=\"225\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress_Building_01.jpg 615w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Kress_Building_01.jpg?resize=225,300 225w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a>\u201cCaptureRx\u2019s decision to stay in San Antonio is great news for our city,\u201d added San Antonio Mayor Ivy R. Taylor. \u201cThe company plans to revitalize and move into the historic Kress Building, which is an added bonus, securing the presence of an innovative, rapidly-growing and high-paying healthcare technology company right in the heart of San Antonio.\u201d<\/p>\n<p>The City of San Antonio and Bexar County recently voted to approve incentive packages offered as part of an ongoing effort to retain companies and talent in the technology industry. On March 7, Bexar County Commissioners Court voted to approve incentives from the recently established Innovation Fund, created to encourage technology companies to grow and expand within Bexar County. On March 9, the San Antonio City Council voted to approve an incentive package that includes a tax abatement on real and personal property, a performance-based economic development grant, SAWS and City fee waivers, as well as nomination as a Texas Enterprise Zone Project.<\/p>\n<p><em>Images courtesy of WJE<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The healthcare IT company will move into the historic Kress Building in early 2018.<\/p>\n","protected":false},"author":237,"featured_media":1004169285,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21825,21783,21742,21747,1607,21787],"tags":[34418,34419,34420],"class_list":["post-1004169279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-finance","category-investment","category-latest","category-office","category-san-antonio","category-technology","tag-capturerx","tag-kress-building","tag-san-antonio-economic-development-fund"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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