SAN ANTONIO-Marian and Loren Chamberlain buy the retail site from developer, Novasource Development of Salt Lake City. The price no doubt is tied to positioning in a hotbed of retail activity on San Antonio's north side.
AUSTIN-Whole Foods' net income is up 36% and same store sales, 10.5% in the quarter-to-quarter comparison. Analysts want to know if the news means stores. The chain operates 133 stores and has 22 under construction.
SAN ANTONIO-The 152,266-sf call center will be ready to occupy in March 2003, says WorkPlaceUSA, the Dallas-based lead on the two-phase project in Westover Hills. About 10 months ago, Chase slid into a $23-million first phase.
SAN ANTONIO-A fully leased center, coming off a major rehab and turn-around, leverages a 10-year loan from GE Capital Real Estate. Leon Realty of New York acquired the San Antonio asset a year ago.
SAN ANTONIO-The music retailer is planning a September opening in 6,494 sf at the Forum, a 1.2-million-sf outdoor shopping center in West San Antonio. Kimco and Mike Gribble Inc. are the center's developers.
GEORGETOWN, TX-The Central Texas town rolls out the red carpet for a ceremonial ground-breaking on its largest retail project. The plan includes a Super Wal-Mart, Home Depot and 125,000 sf of inline retail and pad sites for up to five restaurants.
SAN ANTONIO-There are strong signs that the industrial sector is ready to climb, says Grubb & Ellis. Citywide vacancy dropped to 17.1% from 18.1%. As for rent, warehouse distribution rose and flex dipped.
AUSTIN-Cadence McShane will be expanding the George Washington Carver Museum and Carver Branch Library in East Austin. The facility, set up up in 1933, was the state's first neighborhood museum of African-American history.
AUSTIN-Philip Bible, well known in Central Texas circles, leaves his role as vice president of development for Austin's Summit Properties to join the NAI/Commercial Industrial Properties team.
SAN ANTONIO-There are strong signs that the industrial sector is ready to climb, says Grubb & Ellis. Citywide vacancy dropped to 17.1% from 18.1%. As for rent, warehouse distribution rose and flex dipped.