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The Top 10 Reasons Why the San Antonio Commercial Real Estate Market has a Bright Future

Posted by VIP Realty on Monday, October 19th, 2009 at 10:24am.

San Antonio is a city rich in culture, history and excitement. The city's diverse workforce and low tax burden has long made it a hot spot for commercial activity. It is therefore no wonder that the commercial real estate market has reaped the rewards of a strong, healthy economy. 

There are many factors that come into play when speaking of an area's strong, local economy.  From its cost of living to its location and its housing market, a city can not experience a strong commercial sector - and therefore a strong commercial real estate market - if residents, businesses and corporations aren't drawn there. It's no wonder, then, why San Antonio has a thriving commercial sector. The following list details the top 10 reasons why San Antonio supplies the perfect ingredients for a healthy commercial real estate market:

  1. Port San Antonio, its numerous tax advantages and its Foreign Trade Zone designation
  2. Ideal location between Florida and California and Canada and Mexico
  3. Close proximity to Latin America countries
  4. One of the most affordable and strongest housing markets in the United States (which attracts a healthy workforce)
  5. A healthy population growth (15 percent over the last, few years)
  6. Low cost of living and year-round, warm temperatures
  7. Home to numerous, major corporate headquarters, including Valero Energy Corporation, Clear Channel Communications, Tesoro Petroleum Company, Kinetic Concepts and NuStar Energy LP
  8. The presence of major, national and international companies, including Toyota Motor Manufacturing, Microsoft, Washington Mutual Financial, QVC Home Shopping and Martin Marietta Materials SW
  9. Education and research institutions, including Southwest Foundation for Biomedical Research, Texas Research Park, University of Texas Health Science Center, University of Texas San Antonio and Trinity University
  10. Number one tourist destination in Texas

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