The Arts Residences and the Thompson San Antonio Hotel is a mixed-use hotel-condominium.
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.