SAN ANTONIO-Costco Wholesale Corp. is moving dirt for a store at Loop 1604 and Highway 281 in north central San Antonio, its second store in the city. The Issaquah, WA-based company stores bought 15.51 acres for the store in Orion Partner’s Sonterra Park mixed-used development.

The sale closed in November and workers are grading the site. The 27-acre development is at the northwest corner of the 1604-281 intersection. A Super Wal-mart is on adjacent property.

Costco bought the property from Orion Partners, a San Antonio real estate and investment firm, according to the firm’s Dean Bundrick. He tells GlobeSt.com that Dallas-based Romano’s Macaroni Grill has a contract to put a store on the part of the remaining land.

Costco has located its San Antonio stores in the city’s hottest areas. Both the northwest area, where the company’s first San Antonio store, at 5611 UTSA Blvd., near the intersection of Interstate 10 and Loop 1604, and the north central area are experiencing rapid growth. Costco has nine stores in Texas.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

 

GlobeSt. NET LEASE Fall 2023Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.