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Category: Article of Interest

Slight Boosts Keep San Antonio’s Real Estate Cap Rates in Check

November 7, 2016

Economic growth, increasing investment and development activity, as well as consistent cap rates are solidifying San Antonio’s place as an “up-and-coming” real estate investment market. Some notable investment deals made so far this year involve the Alamo Ranch Power Center, Sonterra Village, Sonterra Blue, and recently the 276-unit Boardwalk Med Center. Regardless of micro dips […]

Hemisfair Facing Multimillion-dollar Shortfall For Civic Park Redevelopment

November 1, 2016

Hemisfair Park Area Redevelopment Corp. is currently facing a newly arisen shortfall of funding for Civic Park in downtown San Antonio. Of the original $58 Million USD budgeted to build out the park, now only $21 Million USD, provided for by the city, are at hand. HPARC CEO Andres Andujar has a plan to secure […]

Toys “R” Us Gears Up For New Strategy

October 25, 2016

In light of the success which the Star Wars franchise thoroughly enjoyed this year, Toys “R” Us  briefly enjoyed a 7% year over year sales increase, although it was not enough to keep the company from being forced to reinvent itself due to the increasingly supportive attitudes consumers have shown towards online shopping. After closing […]

Walmart Making Moves Against Amazon

October 21, 2016

In response to consumer attitudes becoming increasingly enthusiastic towards online shopping, Walmart (WMT -.41%) has begun to adapt its strategy accordingly and has plans to take on Amazon head on (AMZN -1.17%) in the next year. Walmart has seen a consecutive eight quarters of consistent sales growth in recent years, has just finalized its acquisition […]

Customers Asked for More Delivery Options and H-E-B Answered

October 19, 2016

With customers preferring to shop online, rather than in-store, has led H-E-B expansion to 14 additional zip codes in San Antonio. H-E-B has partnered with the app-based company Shipt to deliver groceries within the hour of the customer submitting their grocery order online. Shipt will be servicing Cibolo, Converse, Helotes, Kirby, Live Oak, Universal City, Schertz […]

Apartment Demands Continue to Rise

October 17, 2016

Oversaturation in the San Antonio multifamily market has been on everyone’s minds as construction and permits have continued to rise quarter after quarter, however economic developments in the city make it clear that the absorption for new construction will be there. According to the Marcus & Millichap report for Multifamily in the 3Q, San Antonio […]

The Race Is On for The City’s Fiber Future

October 10, 2016

The growing gigabit-speed market in San Antonio, made possible through the use of fiber optic cable, has led to the current face-off between AT&T Fiber (NYSE: T) and Google Fiber (Nasdaq: GOOG), a subsidiary of Alphabet Inc. Both companies are rapidly setting up in locations throughout the city to meet present demand, as well as […]

San Antonio Suburbs are Welcoming New Tenants

October 3, 2016

San Antonio’s Northwest retail submarkets have some of the fastest-growing demographics and new retail construction. Local Coffee, one of many business, is expanding to the northwestern submarkets due to the steady increase in household incomes, strong employment presence, and population growth. According to Local Coffee owner Robby Grubbs, the company will be opening two locations […]

Brooks City Base is Making Way for a Japanese Industrial Manufacturing Plant

September 21, 2016

Nissei Plastic Industrial Co. Ltd., a Japanese company, purchased 9 acres along Lyster Road and Brooks City Base from Brooks City Development Authority to build a plant.  In 1947, Nissei Plastic was founded and refers to itself as an injection molding machines developer and manufacturer of composite material, molds, measuring instruments and auto-molding systems. This […]

JCPenny Sales Traffic is Up

September 19, 2016

JCPenny’s match up with Sephora has improved JCPenny’s earnings. According to JCPenny’s CEO Marvin Ellison, JCPenny opened 27 new locations during the quarter with plans to add 4 more stores in the fall. Sephora shops are being added to a broader range of locations, including more-rural areas. Sephora will be adding the Clinique brand to […]

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