Pearl Developers Hoping for Success with Dittlinger Mill Redevelopment
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. 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 next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 19th San Antonio story tracked on the wire in August 2026. All San Antonio coverage →
Computed from Real Estate Trail’s own tracked coverage
Oxbow, the group behind the Pearl redevelopment in San Antonio, hopes to start work on its latest redevelopment project in 2028. The project, which will revamp the Dittlinger Mill, is expected to feature a mix of resi…
External link. Real Estate Trail does not republish source content.
Related coverage — San Antonio
Lincoln Property Co., Kairoi Complete 74-Story Waterline Mixed-Use Tower in Downtown Austin
AUSTIN, TEXAS — A partnership between Dallas-based Lincoln Property Co. and San Antonio-based Kairoi Residential has completed Waterline, a 74-story mixed-use tower located at 98 Red River St. in downtown Austin. Acco…
Punch List: Maryland accepts bids for Key Bridge demo work
Plus, an Irish subsidiary of Turner hits a data center milestone and Zachry Construction wins a San Antonio airport contract.
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…
Mortenson, Bartlett Cocke win $1.3B NBA Spurs’ arena
The San Antonio Spurs’ new home will anchor the city’s sports and entertainment district, which includes a new convention center and infrastructure improvements.
Marcus & Millichap Brokers Sale of 645-Unit Self-Storage Facility in San Antonio
SAN ANTONIO — Marcus & Millichap has brokered the sale of a 645-unit self-storage facility in San Antonio. CubeSmart manages the facility, which sits on a 10.6-acre site on the city’s southwest side and spans 115,240…
Highline Hospitality Partners Acquires Dual-Branded AC Hotel and Element San Antonio Riverwalk
Highline Hospitality Partners acquires its 20th and 21st hotels, bringing its portfolio to 21 properties, over 5,500 rooms, and ~$1.7B in assets under management.