Blog

Category: Article of Interest

San Antonio Millennials Facing Housing Hurdles

October 30, 2018

According to the 3rd annual Zillow Group Report on Consumer Housing Trends, millennials are most likely to have an offer fall through when trying to sell their home, make concessions or change the date of their closing. Sellers are now finding it more difficult to sell their home to millennials due to the timeline of […]

Finding the Ideal Space with IRC Tenant Representation

October 3, 2018

Tenant Representation is exactly how it sounds, a type of commercial real estate brokerage service where an agent focuses on the needs of the tenant, rather than the needs of the landlord. Your tenant representative has only one person in mind, you. Your benefit, needs, and interests are their top priority. Using a tenant representative […]

2018 Top Ten Boom Town List: San Antonio #9

August 21, 2018

San Antonio, Dallas and Austin all made the top list of America’s Biggest Boomtowns by Magnify Money. The factors that make a boomtown comprise of industry growth, increasing employment opportunities and relocation. San Antonio beat Houston, currently at #11, in housing score, workforce & earning score and business growth making it #9 on the list. […]

Aerial Fulfillment Centers by Amazon

August 9, 2018

Aerial Fulfillment Centers by Amazon could be the next big thing in logistics. The ecommerce giant recently received a patent for a floating warehouse design. Drones would take off and resupply at the aerial fulfillment centers to decrease time returning to ground locations. The aerial centers themselves would be supported by helium or heated air […]

San Antonio’s Frost Tower Expansion & Office Asking Rents Kickoff Q1

May 29, 2018

Asking rents ended the first quarter of 2018 at $22.01- an all-time high. With a population growth of 2.0% last year, San Antonio’s economy continues to grow. Most recently, job growth increased at a 2.9% annualized rate over the three months through February, with the greatest job growth seen in manufacturing, mining and construction. Total […]

San Antonio Hospitality Sector Taking Off

May 9, 2018

The Texas hospitality sector can expect continued growth this year. Approximately 200 hotels are under construction in the Lone Star State along with another 276 expected to break ground this year. Hurricane Harvey’s displacement of residents and raising Revenue Per Available Room (RevPAR) has the San Antonio hospitality sector taking off. Occupancy rates are expected […]

Robots Improve Mall Experience

March 1, 2018

It’s no secret that malls across America have seen a decrease in visitors over the years due to rising online purchasing trends. While large malls may not see the growth that Amazon has seen, they can offer the customer a much more unique interactive experience. As seen in the recent Super Bowl commercials, the Mall […]

Commercial Real Estate Prices Fall for San Antonio

February 8, 2018

With a .3% price decrease last month, commercial real estate prices continue to see a drop as we head further into 2018. “The declines over the last three quarters have been mild and more of a stagnation than a decline,” Ten-X Senior Quantitative Strategist Chris Muoio said. Two things can be chalked up for the […]

Automated Stores Becoming a Reality

December 19, 2017

Unmanned stores across China are attracting the convenience-seeking shopper. With such a massive population to appeal to, it’s no secret that convenience and easy access would be a top priority for China’s retail market. Cutting-edge technology such as artificial intelligence, computer vision and biometric recognition that tracks a shopper’s movements are all new technologies currently […]

Latest Technology and Online Competition this Holiday Season

November 27, 2017

The launch of the iPhone X and online competition is expected to make it even harder on brick-and-mortar stores this holiday season. Holiday apparel sales are expected to drop for the first time since 2008. Specialty retail, department stores and footwear retailers are all expected to take a .4% dip in sales. According to Morgan […]