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Office Location 1100 NW Loop 410, Suite 700
San Antonio, TX 78213
Phone: (210) 348-3717

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Archive for June, 2011

Terrell Hills area homes

Frederick Terrell started this small city back in the 1920s, and promoted the community as a residential paradise close to San Antonio. They were once almost taken over by the City of San Antonio when an annexation was passed, but it was done illegally, and Mr Terrell fought the action in court, and it was thrown out. Today this independent community which is also next door neighbors with Alamo Heights has a rich heritage of homes that date back ninety years, and is intermingled with all the styles that took us through the post World War II era, and mid-century modern home architecture as well.

The pricing structure of single family homes in Terrell Hills shows that this suburb starts at middle to upper middle class pricing. A newlywed couple wanting to start a family can surely find a home under the two hundred thousand dollar mark, but the four to five hundred thousand ranges seem to be more abundant currently. The landscape on each street will show the progression of home styling over this area’s almost one hundred year range, and it is very common to see a home built in the 1940s next to a custom home built that was constructed in 2003 or later.

Overall, the Terrell Hills area homes are perfect for raising a family, and mimic the lifestyle you will find in nearby independent municipalities. The good news is that its residents are only five miles from downtown San Antonio, so work, and shopping are really at their fingertips. The daily commute is an easy one whether is to downtown or other destinations in the Alamo city, but Terrell Hills is just far enough to stay out of reach of the tourism trade on the weekends, and in the summer.

For those trying save a few dollars and have stay-cations instead of traveling vacations, you could not ask for a more perfect city to live in with all the family oriented venues available. Fiesta Texas, Sea-World, San Antonio Zoo, and The Texas Hill Country are all very close to Terrell Hills, and makes for a great hub or starting point to visit all that is available in the area.

Make sure when relocating to the San Antonio area that you ask your Realtor to find some offerings in this uniquely blended suburb, and once you compare it to other offerings around town, you will be back for a second look or to make an offer

San Antonio Commercial Real Estate Market Current Conditions

Currently the real estate business all over America has been showing signs of picking up steam again, but not in the traditional sense. You might say that large warehouse manufacturing real estate is not the typical hot spot any longer, but short term leasing to fulfill local or federal contracts with the government have been helping build up the San Antonio commercial real estate market currently. The reasons vary for large parcels not being needed any longer, but the main one is that outsourcing to other countries is still a less expensive alternative than creating the same products locally.

San Antonio is starting to show up on the business real estate radar a little more frequently, as the city offers a combination of low cost of doing business, and a base of local talent that is highly educated, and has been out of work for most of the last three years. So marketing, sales, engineering, management, and core support personnel are in place and ready to work for a lower wage than say in Houston, or Dallas.

A shrewd developer would be looking at converting a lot of the manufacturing sector into modern industrialized office space for local, national, and international companies to rent for satellite locations. Currently it is going to waste, and creating a high tech, but industrial minimalist look would attract prospective businesses. This would also kill some of the urban blight seen by freeway, and Interstate travelers coming in and out of the city on a regular basis, and give the city a little tweak or makeover around the rough edges.

Believe it or not one-room offices, and space for cafe’s and bistros are in high demand right now, and you will see an even larger demand soon. Many of those displaced workers from 2008 and on have had to create their own business enterprises on a small scale to just bring in a paycheck to feed their families. These businesses were created out of desperation, but a large percentage have pulled out of their terrible two’s and have started to mature to the point where they need legitimate leased business space to operate with new employees coming onboard.

Is the worst over for the commercial real estate sector in San Antonio? The answer is not completely, but there enough activity to create the momentum everyone has been waiting for, and the time is right start new business concerns, and expanding the older ones. In addition, the family entertainment venues keep traffic flowing into the Alamo City, and is most likely the deciding factor when it comes to needing more eating choices in the area.