Big-dollar investors have snatched up three San Antonio commercial properties, including the Colonnade shopping centers on the Northwest Side.
thanks to a generous $15,000 match from the San Antonio Report Board of Directors!Big-dollar investors have snatched up three commercial properties in San Antonio in recent weeks, including a distinctive nine-story office tower next to North Star Mall and a cluster of shopping centers on the Northwest Side.
Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again. Last month, Dogwood made another investment in San Antonio, purchasing the 3.9-acre, 52,000 square-foot Ingram Place shopping center at 3235 Wurzbach Road beside Ingram Park Mall, for an unknown price, county property records show.Another retail landmark, the Colonnade cluster of shopping centers on the Northwest Side, was purchased in March by a joint venture between the local real estate firms Headwall Investments and SageView Partners, according to county property records and a news release.
The local office market is still struggling, however, absorbing only about 14,000 square feet of vacant space in the first quarter of this year, according to another CBRE report, with asking rents dipping slightly, by $0.08 per square foot of space.
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