Blog

Category: Retail & Office

Pop-up Retail Stores Are the New Anchors

November 23, 2016

According to General Growth Properties, department store anchors are becoming less dependent for drawing in traffic and sales. This is occurring due to the in-line retailers attracting Millennials. Millennials spend a higher rate on retail compared to any other generational groups. As of June 2016, anchor sales decreased by 1.9 percent and in-line sales increased […]

San Antonio Ranks 35th on ULI’s Emerging Trends in Real Estate List

November 15, 2016

San Antonio recently ranked #35 out of a list of 78 markets on the Urban Land Institute’s Markets to Watch list, a fall from last year when the city first broke into the top twenty. San Antonio scored well in terms of development and investment opportunities, which have increased, as well as strong demographics. However, […]

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 […]

Anticipate Higher Holiday Sales Ringing by Higher Wages

October 24, 2016

According to the Washington-based National Retail Federation, holiday sales this 2016 fiscal year are projected to be higher than the 7-year average ever since the recession ended in 2009. U.S unemployment rate is at an 8 year low, sales have been climbing with this year projected to rise to 3.6%. In comparison, the 7-year average […]

San Antonio Law Office Redefine

October 20, 2016

With a bowling lane, artwork, game tables, and a rooftop bar and café, you will also be surprised to find Phipps Anderson Deacon LLP law firm there. This is a great fit for the non-typical law office where files are kept digitally.  The 27,631 square-foot, four story Phipps Building was a challenge for local architect Robert Mortiz and […]

Out-Priced Elsewhere, Investors Shift Focus to San Antonio

October 12, 2016

A combination of investors getting out priced in other markets, and shifting their attention from the increasingly aggressive, and costly multifamily market have driven San Antonio retail investment activity up significantly in recent months. These factors in addition to the industrial markets limited supply, retail property possessing sustainable rents, and value add opportunities also have […]

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 […]

Parking Downtown San Antonio Could Be Taking a Turn

August 25, 2016

Parking in downtown San Antonio can be a struggle. Two people are trying to change this view. GrayStreet Partners and AREA Real Estate are coming up with various strategies to help with this need. GrayStreet Partners is renovating Travis Park Plaza parking garage by emphasizing different modes of transportation. They are looking at investing in […]

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