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Wal-Mart plans to build a 165,000-square-foot Supercenter at the intersection of Blanco Road and Wurzbach Parkway. In order to get the deal done, the discount retailer agreed to terms that included saving at least 75% of the trees on the 40-acre site and building an 8-ft.-high wall between the store property and the 16.38 acres to be donated to the Phil Hardberger Park Conservancy.
Click to read the entire article: Deal is reached for new Wal-Mart (San Antonio Express-News, 5-24-12).
 North Central Baptist Hospital
When Baptist Health System opened a new hospital in Stone Oak in 1991, some questioned the need, suggesting that there were more deer than people in the area. But now, in an effort to address an ever-increasing demand for care north of Loop 1604, Baptist is preparing to begin work on another major expansion of its Stone Oak campus. …Read Entire Post
 Dominion Ridge
Dominion Ridge is preparing for the second phase (57,000 sf) of the upscale retail/office development located at the intersection of IH-10 and Dominion Dr. Phase I tenants including CVS pharmacy (12,900 sf) and JP Morgan Chase & Co./Chase Bank (4,264 sf) will be joined by Salons by JC, Kuhl Yogurt and two restaurants. Construction is expected to start in July with completion scheduled for 2013.
Click to read more about the project: Cencor Realty lines up tenant slate for Dominion Ridge (San Antonio Business Journal, 5-25-12).
 Source: NAI REOC San Antonio
New leases and expansions inked in the first three months of the year generated 35,257 square feet of positive net absorption in the medical office market. Demand for medical space is actually much stronger than indicated but, in many cases, healthcare-related tenants have targeted non-medical buildings. The citywide medical market vacancy rate improved slightly to 19.7% compared to 20.0% last quarter. The current vacancy rate, however, is up slightly compared to 19.3% recorded in the same quarter last year due mainly to the addition of new space over the past twelve months including Mission Trail Medical Plaza (80,000 sf) and Shavano Oaks III (26,532 sf). …Read Entire Post
San Antonio-based Taco Cabana celebrates the opening of a new restaurant location at I-10 and Ralph Fair Road. The location, which reflects the brand’s recent evolution and draws on the ideas of fun and flavor with a relaxed patio vibe, is the first new location in San Antonio since July 2008. Its opening coincides with a year-long initiative to remodel all San Antonio restaurant locations that is already underway.
Click to read entire article Taco Cabana celebrates grand opening of new San Antonio location (PRNewswire, 5-24-11)
 UHS Robert B Green campus
The health care industry faces many challenges including a growing need for health care professionals and a high number of uninsured residents in the region. The University Health System, which serves the residents of Bexar County and beyond, recognized an additional challenge – the need to update their tired facilities.
In response, a major capital improvement program was launched late 2010/early 2011. The $130 million worth of improvements at the Robert B. Green campus downtown are on target for completion in December. The expansion includes a six-story Clinical Services Building (250,000 sf). Click here to see a video virtual tour of the Robert B. Green facility. …Read Entire Post
 3559 Belgium Ln.
Locally-based office furniture dealer the BroussardGroup recently purchased the office/warehouse building (55,000 sf) located at 3559 Belgium Lane on the city’s East Side. The new location is roughly double the size of its formerly leased space at 1107 AT&T Center Pkwy.
Click to read Office furniture dealer BroussardGroup acquires East San Antonio building (San Antonio Business Journal, 5-11-12)
 Metropolitan Methodist Hospital Expansion
Methodist Healthcare System, bracing for an anticipated sharp increase in demand for services in the center city, is preparing to make the next move on that front. According to the San Antonio Business Journal, Methodist plans to break ground this summer on a major expansion of its Metropolitan Methodist Hospital. …Read Entire Post
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