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. Lawrence Yun, NAR Chief Economist, said fallout from the Recession continues to impact Commercial Real Estate. “Vacancy rates are beginning to level off in some sectors, but […]
Loop Net reports that in Q2, overall sales above $2.5-million in San Antonio decreased 62% compared to the prior year. Over the last 12 months, the price per square foot for office property is down 4%, multifamily is up 25%, and retail is down 84%.
Texans are “lucky puppies” thanks to the relative strength of the state’s economy, but regulatory uncertainty is threatening the national recovery, Federal Reserve Bank of Dallas President Richard Fisher said Thursday. In Texas, weak spots such as commercial real estate remain, and recent Dallas Fed surveys of manufacturers have yielded disappointing results. But job creation […]
Today’s San Antonio Express News reports that “after a slow start, San Antonio employers this year should hire for all the jobs lost in 2009.” Growth in the first half of the year was slower than expected but should pickup in the second half. For the year, S.A. should see a 2% increase in job […]
According to a survey of more than 30.6 million sf of industrial space conducted by NAI REOC San Antonio, Second quarter activity softened the citywide vacancy rate to 13.1 percent versus 12.7 percent last quarter, while the average quoted triple net rental rate for all property types combined remained flat at $5.57 per sf per […]
More positive results for our clients- Investment Realty Company, L.C.’s Broker, Joanne V. Mirelez assisted in the negotiation and successful placement of Dr. W. White in Stone Oak Physician’s Plaza One.
Investment Realty Company, L.C. (IRCLC) is pleased to announce the addition of The Hair Management Group to the Tenant mix at the Hunter’s Square Center located at 13214 Huebner Road at the intersection of Huebner and Lockhill-Selma in San Antonio, Texas. With the addition of this tenant, Investment Realty Company, L.C.’s Broker, Connie Raub, has […]
Local office properties had 380,064 sf of positive net absorption in second quarter 2010, according to NAI REOC San Antonio. “While most markets are still reeling from the extended recession and many are anxious about a potential double-dip in the economy, the San Antonio office market quietly experienced a very strong second quarter,” says Brian […]
While San Antonio’s unemployment rate jumped in June to over 7%, the state of Texas, which had 8% of the U.S. population, is creating 25% of new jobs. This is good market share.
According to Bloomberg, U.S. commercial property values are rebounding slowly and may remain as much as 40 percent below their 2007 peak levels, Pacific Investment Management Co. said.