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Tag Archives: San Antonio

Closed: The Largest Seniors Housing Transaction in Texas History

DALLAS – Regency Post-Acute Healthcare System, a Dallas firm led by Donald Kivowitz, has sold a portfolio of 33 skilled nursing facilities in Texas. “The transaction is the largest seniors housing sale on record in Texas,” said the Marcus & Millichap real estate firm. The 4,200-bed portfolio includes nursing homes in Houston, Austin, San Antonio, Corpus Christi, Victoria and the ... Read More »

Microsoft Buys 158 Acres for $1 Billion Development

SAN ANTONIO – Microsoft Corp. bought 158 acres of land on the west side of San Antonio where it will build a $1 billion data center. Groundbreaking is scheduled for early 2016 on the eight-building 1.2 million square-foot Microsoft data center. The Microsoft site, located west of Loop 1604 near Highway 211, is in the Texas Research Park, a development ... Read More »

Lennar Homes Leases Office Space in Houston and San Antonio

  SAN ANTONIO and HOUSTON – Lennar Homes has leased new offices in Houston and San Antonio. The firm leased 15,400 square feet in the Ridgewood Business Center II in San Antonio. In Houston, Lennar Homes moved into its new build-to-suit 70,000 SF building in the Greenspoint area near Interstate 45 in north Houston. The building, developed by KDC of ... Read More »

Silverwest Buys San Antonio Hotels

SAN ANTONIO – Silverwest Hotels, LLC purchased a select-service hotel portfolio of three hotels totaling 313 rooms in San Antonio. Silverwest Hotels, LLC is a joint venture by Mariner Real Estate Management based in Kansas City; Silverwest Hotel Partners, LLC and an affiliate of Global Endowment Management based in Charlotte, N.C.  The Silverwest joint venture was founded in 2014 by ... Read More »

San Antonio Multifamily Project Sold

SAN ANTONIO — CBRE Capital Markets’ multifamily team announces the sale of Broadstone Colonnade on behalf of Kansas City, Missouri-based Price Development Group. An anonymous buyer purchased the 282-unit, Class A multifamily project in northwest San Antonio.. Broadstone Colonnade, at 4330 Spectrum One in San Antonio, is made up of 282 one-, two- and three-bedroom units featuring eight floor plans. ... Read More »

Riverside Resources Buy San Antonio Office Project

SAN ANTONIO – Riverside Resources has purchased Highpoint Towers, two 11-story office towers totaling 301,118 square feet adjacent to the south Texas Medical Center in San Antonio. HFF marketed the asset on behalf of the seller, DNA Partners.  The property was purchased Riverside, an Austin-based firm, for an undisclosed amount. The deal removes the last remaining office asset from DNA’s ... Read More »

Transwestern/Amstar Developing Multifamily in San Antonio

SAN ANTONIO – Transwestern Development Co. and Amstar, a Denver-based real estate investment manager acting on behalf of one of its public retirement system clients, will develop a multifamily project on a 2.3-acre development site just acquired in San Antonio. The 229-unit infill development, known as Southtown Flats, will begin earthwork activities in January 2015 with the first units scheduled ... Read More »

Griffin/Clarion JV Buys Tower in Downtown San Antonio

SAN ANTONIO – A joint venture of Griffin Partners and Clarion Partners has purchased Bank of America Plaza, a 28-story, 533,465-square-foot office building in downtown San Antonio. The tower, built in 1983, is the largest building in downtown San Antonio and the deal is reportedly the first $100 million transaction in the city. The building, 300 Convent Street, is 91 percent ... Read More »

Dollar General Building 900,000 SF Warehouse, Hiring 500 in San Antonio

SAN ANTONIO – Dollar General Corporation  announced plans to build a 900,000-square-foot  distribution center in San Antonio. The distribution center will be built  on 110 acres at South Foster Industrial Park. At full capacity, the Dollar General facility is expected to employ more than 530 people to serve more than 1,000 stores in Texas and the surrounding region. “This distribution ... Read More »

USAA Buys Stake in New York Realty Investment Firm

SAN ANTONIO — USAA Real Estate Company and Square Mile Capital Management LLC, a New York City-based real estate investment firm, announced  that the two companies have joined forces, with USAA Real Estate Company making a strategic investment in Square Mile.  The amount of the investment was not disclosed. Led by founders Jeffrey B. Citrin and Craig H. Solomon, who ... Read More »

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