Grocery retailer H-E-B unveiled plans to test self-driving vehicles throughout San Antonio, where it is also headquartered. The company will launch a self-driving pilot program to test delivery services near its Olmos Park H-E-B, located north of downtown San Antonio. H-E-B will work with one Autonomous Delivery Vehicle (ADV), courtesy of Udelv, a California-based company.
Home sales in the San Antonio metro decreased by 1% to 3,306 in June 2019. However, the average price ($284,852) and median price ($241,000) were both up by 6% and 4%, respectively, according to metrics released by the San Antonio Board of Realtors (SABOR). The number of days that a home spent on the market
Less than a week after Victory Capital Holdings acquired USAA Asset Management Co., the company announced that WestRidge at La Cantera, at 15935 La Cantera Pkwy. would house its new headquarters. The Ohio-based company is planning to relocate its global investment management business from Ohio to San Antonio later in 2019. The company will occupy
AEW Capital Management LP made its first investment in San Antonio, acquiring the 235,000-square-foot Lanark Distribution Center in the metro’s northeast quadrant. The new owner bought the two-building asset at 610 Lanark Dr. from TA Realty, which had owned the property since 2014. Both buyer and seller are headquartered in Boston. The center consists of
Santikos Entertainment announced plans to renovate the Rialto, a movie theater at 2930 N.E. Loop 410, on San Antonio’s northeast side. The locally-headquartered Santikos will shut down the Rialto on July 19 for the re-do. When it re-opens in fall, it will feature a high-energy bar, food and beverage upgrades and a new arcade area.
A little more than a week after buying VIP Surgical Center, Spindletop Pain Management Holdings LLC and Tricity Pain Associates PA acquired Barnes Physical Therapy in San Antonio. The new owners are rebranding the practice as Phase Four Physiotherapy, and plan to expand the concept across their existing Texas markets. The clinics currently operate in four
Quadrant Investment Properties shook hands with the RK Group to acquire a five-acre plot on the east side of San Antonio. Quadrant’s plans are to convert the property, which includes a 71,342-square-foot warehouse, into a mixed-use development. Jeremy Jessop with JJ Real Co. represented the seller in the transaction. If plans are approved, the project
EastGroup Properties unveiled plans to develop its most recent San Antonio industrial park. Ridgeview 35, on Binz-Engleman Road, will consist of two buildings, totaling 369,000 square feet. The project’s 226,000-square-foot, two-building first phase will break ground in September. A document submitted to the Texas Department of Licensing and Regulation indicated that development costs for the
Weitzman’s mid-year report for retail in San Antonio shows an increase in both occupancy and construction, thanks to demand. Marcus Shaffer, senior vice president with Weitzman’s San Antonio office, discussed the current market, the boost in building, and forecast for the remainder of the year. Q. What are we seeing in the San Antonio retail