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Kim_Gatley
Kim Gatley
Sr. Vice President
& Director of Research
NAI REOC San Antonio
(bio)

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Wounded Warrior Project inks lease at Tech Ridge II

Wounded Warrior Project inked a lease for 12,154 square feet at Tech Ridge II located at 12672 Silicon Drive in the University Business Park.   Through its TRACK program, this Wounded Warrior Project location will offer education, training and secondary rehabilitative care to men and women injured in service.

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Good Sports adds outlet store at Beckwith Office Park

Good Sports recently celebrated the grand opening of a new outlet store at Beckwith Office Park located at 5039 Beckwith Blvd. in close proximity to the original store location at 12730 I-10 West.  The outlet store offers sporting good products at discounted prices. …Read Entire Post

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NAR Market Summary

Commercial real estate sectors, hurt by weak job growth, are offering incentives in many areas that are conducive to business expansion, according to the National Association of Realtors®.  Read the full article (NAR, August 26, 2010)

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NAI REOC San Antonio releases 2Q 2010 Office stats

Source: NAI REOC San Antonio

While most markets are still reeling from the recent recession and many are anxious about a potential double-dip in the economy, the San Antonio office market quietly experienced more than 380,000 square feet of positive net absorption in the second quarter which raised the year-to-date total to nearly half a million square feet.  …Read Entire Post

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Local buyers acquire Class A assets

Union Square I & II / Renaissance Plaza

A freeze in the financial market brought investment activity to a standstill over the past two years but the recent sale of two prestigious North Central office buildings demonstrates renewed life in the investment arena.   In March, Renaissance Plaza (195,562 sf), located at 70 NE Loop 410, was purchased by a local entity known as 70 NE Loop 410 Partnership Ltd. led by Bill Ellis of Concord Corporation.  In April, the Union Square I & II complex (325,583 sf), located at 10100 & 10101 Reunion Place, was purchased by Union Square Office Ltd. headed by Bob Worth of R.L. Worth & Associates. …Read Entire Post

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NAI REOC San Antonio releases 1Q office market stats

Source: NAI REOC San Antonio

Paralleling the steady stream of positive indicators reported in the U.S. economy, the San Antonio office market demonstrated encouraging signs of recovery in the first quarter.   …Read Entire Post

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Westover Office Center lands Kohl’s operation center

Westover Office Center

Vacant since completion in 2008, the Westover Office Center, a two-story office building located at 10000 Rogers Run in Westover Hills, landed the Kohl’s operations center which will fill the 102,000 square-foot building.  Wisconsin-based Kohl’s department store reportedly signed a ten-year lease which will help bolster absorption and improve occupancy figures in the second quarter.  …Read Entire Post

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Sentry Gateway Phase I nearly complete

Sentry Gateway I & II

Up until recently, tenants searching for office space in the western portion of San Antonio usually found that options ran out at Loop 410 & Bandera Road but new facilities in the Far West sector give users new choices.
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CHRISTUS Santa Rosa expands Westover Hills campus

Westover Hills Medical Plaza II

Trammell Crow Co. recently broke ground on Westover Hills Medical Plaza II – a 72,000 square-foot medical office building located on the CHRISTUS Santa Rosa Hospital-Westover Hills campus in Far West San Antonio. …Read Entire Post

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San Antonio selected for new Allstate customer center

The Oaks at University Business Park

San Antonio has been selected by Allstate Insurance as the site of a new $11.6 million customer information center which will create 600 new jobs.  The center will be located in 75,000 square feet at The Oaks at University Business Park located on the Northwest Side at 12238 Silicon.  Allstate plans to open the facility in May.  The lease is good news for the office market and will count towards positive absorption in the first quarter.   …Read Entire Post

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