Blog

Category: Retail & Office

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 […]

IKEA Eyes San Antonio Retail Market

March 7, 2018

IKEA, the store that doesn’t leave your imagination to do all the work when it comes to designing your own room, has announced its new store in Live Oak will break ground March 21. The 289,000 square foot store will open for business spring 2019 and is expected to bring 250 new jobs to the […]

Pharmacy Retail Chains vs Amazon

February 23, 2018

The constant threat of declining foot traffic has pharmacy retail chains rethinking their strategy now that Amazon has penetrated the health product market. Many retail pharmacies see their biggest profits from consumers coming into the store to pick up medication and cosmetic products. However, if consumers start purchasing their health products online through Amazon, brick […]

Hospitals Moving to Retail Space

January 23, 2018

The need for massive hospitals with huge footprints is slowly coming to an end. With the rise in technology comes new innovations that seek to make your hospital visit as convenient as going to the store. Better Services, Smaller Footprint Advancements in robotic technology and fewer paperwork is set to drastically cut down the size […]

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 […]

Same Day Prescription Delivery Coming Soon

December 5, 2017

Same day prescription delivery service is on the rise. CVS Health will provide same-day delivery for select metro markets starting in 2018. Other features such as curbside pickup and Instacart, have made their way to CVS stores in order to keep customers engaged with the large drug store. Instacart, a personal shopping and delivery service, […]

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 […]

Amazon Treasure Trucks Offering Huge Discounts

November 17, 2017

Amazon Treasure Trucks offer large discounted prices when you order the item online through the Amazon app. The Treasure Truck offers consumers the chance to take advantage of huge discounted prices on items that are advertised that day. The consumer will order the item and pick a time and place for pick up. However, a […]

Top Online Retailers Moving to Brick-and-Mortar

November 13, 2017

Top online retailers are moving their way into physical retail. Award winning retail architect, Kenne Shepherd shared his thoughts on the top online retail stores that are pushing into brick-and-mortar. Amazon No other online retailer on this list has the same potential of impacting the San Antonio commercial real estate sector as Amazon. The top […]

Brick and Mortar Retail Is Not Dead: Don’t Believe the Critics

June 9, 2017

Online stores are evolving, but they won’t be taking over the classic brick and mortar system anytime soon. Online only retailers are trying to use every advantage they have to compete with the classic form of retail; however, overcoming years of logistic and merchandising experience is no easy feat. Online shopping does not relieve the […]

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