10Y UST5.10%-1.73%30Y MTG7.40%SOFR3.89%+0.26%VNQ$91.76+0.35%XLRE$42.16+0.40%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
Markets · TX

San Antonio

Population growth, no state income tax, and military and healthcare anchors give San Antonio steady multifamily and industrial demand at basis points below the Texas triangle gateways.

State of the Market

San Antonio at a glance

Updated continuously
Tracked items
0
Most active: Multifamily
10Y UST▼ −1.73%
0.00%
30Y MTG—
0.00%
SOFR▲ +0.26%
0.00%
Analyst’s read

The San Antonio commercial real estate market is characterized by a steady influx of capital, driven by ongoing demand across various sectors, particularly in industrial and multifamily assets. While office space continues to face challenges due to shifting work patterns, the overall sentiment remains cautiously optimistic, supported by a diverse economic base and population growth. Lenders exhibit a selective approach, favoring well-located properties with strong fundamentals, as allocators seek opportunities that align with long-term growth trajectories amidst evolving market dynamics.

Most active sectors
  • Multifamily7
  • Office6
  • Hospitality5
  • Industrial4
  • Retail4
  • Capital4
Coverage velocity

Items added to the wire per week · last 12 weeks

Latest activity

News Wire — San Antonio

Full wire →
Connect CRE · San Antonio · Hospitality

Investor Duo Trades San Antonio Hotel for $41M

Tennenbaum Capital Group Real Estate’s Sunrise Realty Trust and Southern Realty Trust sold the 162-key luxury Thompson San Antonio hotel for $41 million. Commercial Search reports that The Loren Group acquired the pre…

Oct 15
REBusiness Online · San Antonio

Buc-ee’s Opens 74,000 SF Travel Center in San Marcos, Texas

SAN MARCOS, TEXAS — Buc-ee’s has opened a 74,000-square-foot travel center in San Marcos, located roughly midway between Austin and San Antonio. The facility at 3245 N. I-35 features 128 fueling positions and is expec…

Oct 12
Connect CRE · San Antonio · Industrial

San Antonio Coca-Cola Bottler Adds 170K-SF

Arca Continental Coca-Cola Southwest Beverages has completed a $42 million expansion of its bottling facility on the city’s East Side, adding 170,000 square feet of warehouse space and a second production line. The pr…

Oct 1
PR Newswire · San Antonio

The United States Department of Commerce and the Government of the Republic of Korea Announce Strategic Investment in Project Star, a $22.3 billion Energy Infrastructure Campus in Encinal, Texas, being jointly developed by Related Companies and NextEra Energy, in partnership with Lewis Energy Group

Project Star will create 6.47 GW of natural gas generation to directly support an adjacent 5 GW digital infrastructure campus and deliver excess power generation back to the grid. DALLAS and SAN ANTONIO and JUNO BEACH…

Sep 30
Connect CRE · San Antonio · Mixed Use

McCombs Eyeing Tax Breaks for San Antonio Mixed-Use Venture

McCombs Enterprises is seeking to capture tax revenue to fund the infrastructure needs of a mixed-use project the company is proposing. The developer estimates the project will require roughly $43.6 million in public…

Sep 28
Connect CRE · San Antonio · Office

San Antonio Credit Union Buys Former Sunoco Office Building

Security Service Federal Credit Union acquired The Rim, a 319,000 square foot office at 19003 W. Interstate 10. Sunoco, the seller, purchased the office of its subsidiary, NuStar, two years ago. Security Service said…

Sep 23
REBusiness Online · San Antonio · Office

Worth & Associates Acquires 108,116 SF Office Complex in San Antonio

SAN ANTONIO — Locally based owner-operator Worth & Associates has acquired The Commons at Concord Park, a 108,116-square-foot office complex in San Antonio’s Stone Oak neighborhood. The property comprises four buildin…

Sep 18
Connect CRE · San Antonio · Capital

San Antonio Investor Scores Financing for 312-Unit Rental Asset

Strategic Property Investment has secured a $40.3 million loan for Birwood Heights, a 312-unit community in San Antonio. Multihousing News reports the non-recourse bridge loan features a three-year initial term with a…

Sep 16
Connect CRE · San Antonio · Land

San Antonio Agrees to Spend $60M on Spurs Arena Site

The San Antonio City Council voted to allocate $60 million toward purchasing a site for a new San Antonio Spurs arena. $115 million is needed to buy all of the land for the sports complex. The land is the former site…

Sep 11
Connect CRE · San Antonio · Office

Oxbow Greenlit for Tobin Hill Apartments, Office Space

A San Antonio planning board has given the go-ahead for an office-and-residential project in Tobin Hill. Oxbow hopes to build 86 apartments and 140,000 square feet of office space at 111 Isleta. The San Antonio Busine…

Sep 8
Connect CRE · San Antonio · Retail

Gray Street Partners Offloads 179K-SF San Antonio Retail Center

The Palomar Group, a full-service commercial investment sales firm headquartered in Augusta, Georgia, announced the sale of Gateway Plaza, a 179,327-square- foot retail center located in San Antonio, Texas. The $16.7…

Aug 27
Connect CRE · San Antonio · Multifamily

384-Room San Antonio Airport Hotel Trades Hands

Hospitality and multifamily investor LXMI Capital acquired the DoubleTree by Hilton San Antonio Airport. The company scored a $36.4 million acquisition loan from Fortress Investment Group. The property at 611 NW Loop…

Aug 17
Connect CRE · San Antonio · Multifamily

Vantage Inks $103M Refi on Three Texas Rental Assets

Vantage Communities has obtained a $103 million refinancing for a three-property, 864-unit multifamily portfolio located in the Austin and San Antonio metro areas. Benefit Street Partners provided the financing in a d…

Aug 13