SAN ANTONIO—Forward-thinking investment in downtown San Antonio real estate is a non-zero-sum game that is mutually beneficial, Emilio Guzmán, chief of investor relations and executive vice president of Houston-based DC Partners, tells GlobeSt.com. Such was the thinking in June 2016, when DC Partners closed on the property at 123 Lexington Ave. in downtown.
DC Partners' bullish stance on San Antonio comes with good reason. It is a dynamic city with the kind of diverse economy that signals growth and prosperity. San Antonio boasts the headquarters of two Fortune Global 500 and seven Fortune 1000 companies. Its city government is focused on attracting and growing businesses that foster innovation and lure talent in key industries that complement the region's strengths—aerospace, biosciences and health care, defense, energy, information technology and cybersecurity, and manufacturing, says Guzmán.
DC Partners wasn't the first company to recognize the San Antonio market's enormous investment potential. However, it is leading the way in innovative financing as the first developer to use the federal EB-5 program by attracting international investors to a high-end downtown residential project—The Arts Residences at the Thompson Hotel.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
