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Category: Tracking The Texas Economy…

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 […]

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 […]

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 […]

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 […]

USAA is Expanding to NW San Antonio

September 28, 2016

USAA has signed leases for Vista Corporate Center and Westridge Two at La Cantera office complex, located in the northwestern submarket. The two office buildings combined are 286,400 square feet. USAA is planning to relocate 1,500 employees from the information technology and the banking departments to the new spaces in fall 2017. Burke, Katie. “USAA […]

San Antonio Zoo Breaking Records and Buzzing with New Interest

September 1, 2016

The 100 year old San Antonio Zoo reached an all-time record of 1.2 million guests passing though the park’s gates this past 12 months. The zoo was able to create a new buzz by improving or creating new animal habitats, restaurant and retail spaces. With this all-time record, new interest of investment has taken place […]

Store Technology is Becoming a Difficult Choice

August 3, 2016

Ever feel like big brother is watching over you? According to the “Rich Relevance ‘Creepy or Cool?’ Survey”, Seventy- Five Percent did not like the idea of being greeted by name after a store identified the consumer though facial recognition technology. Most consumers do enjoy using fingerprint technology, scanning products, receiving pop up offers, digital […]

Second Biggest Shopping Season Is Approaching

July 29, 2016

According to an ICSC research report, back to school shoppers are planning to spend $657 per household. 95 percent plan to shop in a physical store with nearly 80 percent expect to spend more money this year vs last year. Back to School shoppers are planning to spend more due to new wardrobe and school […]

Business is Steady in Texas

July 22, 2016

CNBC’s conducted an annual survey of top states in the U.S. for business. Texas came in second place for the second year in a row. The study rates the states based on how they market themselves on an economic standpoint. When it comes to consistent competitiveness Texas has no peer, but is facing big challenges […]

Ramen for Texas

July 19, 2016

Remember trying to survive in college off ramen, and how just the thought of ramen now takes you back to those days where cheap flavorless noodles were…, “What’s for dinner?” Well now you can experience what ramen noodles are supposed to be like, and they will most likely be a whole lot better than the […]

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