With the additional locations, San Antonio-based H-E-B has nearly 50 in the metro area. It also purchased a former Albertsons store in Leon Valley, TX. Albertsons left San Antonio and Houston earlier this year, saying that the stores in those markets were under-performers.
Along with the H-E-B purchase, Laredo-based International Bank of Commerce said it would open branches in five of the stores purchased by H-E-B. Those stores are Perrin Beitel Road at Thousand Oaks; Huebner Road and Northwest Military; US Highway 281 at Evans Road; and on Interstate 10 West in Leon Springs. Another location is Mission, a community in the Rio Grande Valley. The bank, a subsidiary of International Bancshares Corp., had branches in Albertsons stores and lost them when the stores closed.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
