Joint Venture Breaks Ground on Student Housing, Retail Development Near University of Texas at San Antonio
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. San Antonio industrial demand along the I-35 corridor has been driven by spillover from the larger Texas Triangle gateways. Multifamily fundamentals are steady. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The eleventh San Antonio story tracked on the wire in October 2026. All San Antonio coverage →
- Disclosed retail deal value tracked in October 2026: $14B across 86 reported transactions. All Retail coverage →
Computed from Real Estate Trail’s own tracked coverage
SAN ANTONIO — A joint venture between Barshop & Oles Co. and Phoenix Property Co. has broken ground on La Cantera Crossing, a 10-acre development that will be located near the University of Texas at San Antonio campus…
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