{"id":1004817266,"date":"2026-10-30T06:01:58","date_gmt":"2026-10-30T14:01:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004817266"},"modified":"2026-10-30T06:02:00","modified_gmt":"2026-10-30T14:02:00","slug":"walmart-to-develop-400m-san-antonio-area-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/walmart-to-develop-400m-san-antonio-area-warehouse\/","title":{"rendered":"Walmart to Develop $400M San Antonio-Area Warehouse"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6ae4b4290c0b6&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1333\" height=\"1000\" data-attachment-id=\"1004817267\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/walmart-to-develop-400m-san-antonio-area-warehouse\/walmart-warehouse\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/Walmart-Warehouse.jpg\" data-orig-size=\"1333,1000\" 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=\"Walmart-Warehouse\" data-image-description=\"&lt;p&gt;Image obtained from Walmart&#8217;s media kit here: https:\/\/corporate.walmart.com\/news\/2019\/01\/14\/high-tech-consolidation-center-set-to-open-in-july-adding-efficiency-to-walmarts-supply-chain\/high-tech-consolidation-center-set-to-open-in-july-adding-efficiency-to-walmarts-supply-chain&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Walmart owned 192 distribution facilities across the U.S. as of January 2026, with the company continuing to invest in supply chain automation, fulfillment and delivery capabilities. Image courtesy of Walmart&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/Walmart-Warehouse.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/Walmart-Warehouse.jpg\" alt=\"Exterior shot depicting one of Walmart's warehouse facilities.\" class=\"wp-image-1004817267\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/Walmart-Warehouse.jpg 1333w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/Walmart-Warehouse.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/Walmart-Warehouse.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/10\/Walmart-Warehouse.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1333px) 100vw, 1333px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Walmart operated 192 distribution facilities across the U.S. as of January 2026, with the company continuing to invest in supply-chain automation, fulfillment and delivery capabilities. <em>Image courtesy of Walmart<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Walmart has filed an application with the Texas Department of Licensing and Regulation to develop a $400 million distribution center totaling 744,433 square feet in Cibolo, Texas, as first <a href=\"https:\/\/www.expressnews.com\/business\/real-estate\/article\/walmart-cibolo-distribution-center-project-theo-22499080.php\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">reported by <em>San Antonio Express-News<\/em><\/a>.<\/p>\n\n\n\n<p>Construction on Project Theo could start in February 2027, with completion expected in the third quarter of 2029. ESI Group provides design services.<\/p>\n\n\n\n<p>The city approved a 75 percent property tax abatement running for 10 years and a 50 percent rebate of the maintenance and operations property tax for five years, as well as a performance-based sales tax. This amounts to roughly $32.5 million in tax breaks. Additionally, the council established a tax increment reinvestment zone in the area.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/the-one-big-beautiful-bill-catalyst-or-constraint-for-cre\/\">Tax Incentives for Commercial Real Estate<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The facility will rise on 126 acres at 3641 S. Santa Clara Road, the former San Antonio Raceway site along Interstate 10 in Guadalupe County. This industrial submarket is among the tightest across the metro, having an industrial vacancy of 5 percent as of September, 560 basis points below the market average, a <a href=\"https:\/\/www.cushmanwakefield.com\/en\/united-states\/insights\/us-marketbeats\/san-antonio-marketbeats\/industrial\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cushman &amp; Wakefield report<\/a> shows.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-walmart-s-growing-presence-in-the-lone-star-state\">Walmart&#8217;s growing presence in the Lone Star State<\/h2>\n\n\n\n<p>Project Theo marks Walmart\u2019s first distribution center in the metro, where the retailer operates 38 stores. However, the company owns another 1.3 million-square-foot warehouse in New Braunfels, Texas, along the Interstate 35 corridor halfway between Austin, Texas, and San Antonio. Walmart filed plans to invest $8 million in that facility\u2019s renovation, with completion expected in September 2027.<\/p>\n\n\n\n<p>As of January, Walmart operated a total of 192 distribution facilities across the U.S., owning about two-thirds and leasing the remainder, according to an SEC filing. In the Lone Star State, the company operates 22 supply chain facilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It will be the retailer&#8217;s first distribution facility in the market.<\/p>\n","protected":false},"author":3471,"featured_media":1004817267,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,1607,51973],"tags":[44468,32917],"class_list":["post-1004817266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-san-antonio","category-southwest","tag-esi-design","tag-walmart"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Walmart to Develop $400M San Antonio-Area Warehouse - 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