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San Antonio reflects the nationwide trend of new construction being dominated by anchors with very limited spec small-shop space, which keeps overall construction in check, says Weitzman.
San Antonio is competitive with its steady residential growth, expanding local economic base and healthy housing market, as well as compressing rates for office and industrial product, says CBRE.
Progress is being made, as evident from the stats from local research companies which provide an update and recap of the damage to commercial real estate properties in the area.
While many displaced Houstonians have found temporary homes thanks to the housing glut, the vast majority of these units do not qualify as affordable if located in luxury high-rise buildings, says Lawler in this <b>EXCLUSIVE</b>.
In today's rapidly evolving retail environment, a merchandise mix catered to the target customer is of tantamount importance to the success of a center, which is what a recent lease aims to do, says Woodmont.
In this <b>EXCLUSIVE</b>, Russo says there are opportunities for investors to buy in submarkets that may have taken short-term dips in perceived value because of water issues, and buildings that didn't flood should be marketing that heavily.
It was advantageous for Electra America to gamble on the growing northwest San Antonio market to acquire a newly constructed class-A community at a risk-adjusted basis for future rent growth opportunities.