By admin on Jun 25, 2010 in Commercial | 0 Comments
As of early 2010, some 220,000 square feet of San Antonio office space comprising nearly 19 percent of available office space in the city remains vacant, posing a serious problem for commercial property owners.
Curiously, the per square foot cost of renting office space in San Antonio has increased some 17 cents per square foot since [...]
By VIP News on Jun 8, 2010 in Commercial | 0 Comments
The San Antonio commercial real estate market, despite the upward momentum of the residential real estate market, is still struggling through the foreclosure mess. Unfortunately, the San Antonio commercial real estate market still makes up a large section of the San Antonio economy.
Where are the New Commercial Construction Projects?
Because the San Antonio commercial real estate [...]
By VIP News on Mar 30, 2010 in Commercial | 1 Comment
Phase Two of the RiverWalk Crossing project is now taking shape, although some unforeseen weather circumstances have slowed down the process a bit.
Unusually wet weather conditions over the last few months have pushed the completed date to June, although it appears as if progress is starting to take shape. Many construction companies have noted that [...]
By VIP News on Mar 8, 2010 in Commercial | 0 Comments
The San Antonio commercial real estate market is many things, and lately one word to describe it is unique. Even as sales and activity continue to pick up in the San Antonio commercial real estate market, rent prices continue to fall.
According to NAI REOC San Antonio, asking rents for the fourth quarter of 2009 in [...]
By VIP News on Mar 4, 2010 in Commercial | 0 Comments
There have been some positive signs for the San Antonio office space market. From the debut of the headquarters for the local company Tesoro Corporation and the consolidation of operations for Wells Fargo, these moves are being seen as very positive signs for the San Antonio economy.
However, these positive signs for the economy left more [...]
By VIP News on Feb 15, 2010 in Commercial | 0 Comments
Are you hunting for San Antonio commercial lease space, but you’re not sure where to start?
The San Antonio commercial lease space market is the place to be for renters because there is a high vacancy rate and the lease rates are quite reasonable.
There are a slew of major differences between commercial leases and residential leases, [...]
By VIP News on Feb 1, 2010 in Commercial | 0 Comments
San Antonio commercial real estate is still struggling, make no doubt about it. The number of San Antonio commercial properties that fell into foreclosure in 2009 is a clear indication that this sector of the real estate market in San Antonio has a long way to go.
Commercial foreclosures for San Antonio commercial real estate rose [...]
By VIP News on Jan 7, 2010 in Commercial | 0 Comments
The San Antonio commercial real estate market isn’t all bad news: it’s just that banks are still being stingy when it comes to commercial loans.
In fact, most of the lending in San Antonio’s commercial sector is coming from the refinancing of existing debt; not for the construction of new projects.
So, how do we break out [...]
By VIP News on Dec 23, 2009 in Commercial | 0 Comments
Real estate construction projects have slowed down quite a bit, and there’s a perfectly good reason why; builders and developers are simply trying to fill up the space that they have already built.
Which means that office and retail space in San Antonio is both abundant and reasonable.
For leasers, this may be a prime opportunity to [...]
By VIP News on Dec 9, 2009 in Commercial | 0 Comments
Northwest San Antonio has begun showing signs of stability, and Wereldhave, a Netherlands-based development firm, is one of the first to notice – and to take action.
This development firm has plans to bring a high-end, mixed-use community to San Antonio, and the first part of the project is expected to debut as early as this [...]