San Antonio's 10 Largest Offices Leases In 2017
June 14, 2017

San Antonio's 10 Largest Offices Leases In 2017

Trammell Crow Residential, Amli, FXfit, Alliance Residential and many others are speaking at Bisnow's Austin Multifamily Explosion event on Sept. 12. Get tickets here

At an average of $21.38/SF, rental rates in San Antonio's office market have never been higher. The result is a positive net absorption of 258K SF year-to-date. We tracked down the 10 largest offices leases so far this year. 

Southwest Business Group at 4300 Centerview  Size: 69,900 SF Lease: New Submarket: Northwest Hulu at Fountain Head Business Park Size: 58,800 SF Lease: New Submarket: Northwest

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Swinerton Builders (6.14.17) A/S 10912
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Greystar Won't Purchase Anything In Texas In 2017. Here's Why.

Greystar has over a dozen multifamily projects planned or under construction in Texas. Though the company works in a threefold manner — acquiring, developing and managing projects worldwide — Greystar Executive Director Stacy Hunt said the company is only doing two…

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IREM (Join 2017) A/S 11248
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Craft Brewers Need Crafty Landlords

In June 2013, the Texas legislature passed Senate Bills 515, 516, 517, 518 and 639, which may sound like a string of boring legislation. But those bills allowed breweries in Texas to grow like fermented yeast. As craft brewers look to gobble up space across the state, landlords do not always understand or accept the property requirements.

By 2014, Texas' craft brewing industry topped $3.7B of economic impact. That number has only grown.  The Texas Alcohol and Beverage Commission has licenses for 150 brewpubs and 107 breweries as of 2016, compared to three brewpubs and 12 breweries…

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With Sights On Global Growth, Emmitt Smith's Real Estate Company Hires 3 Executives

E Smith Realty Partners is growing and now the firm founded by Emmitt Smith and Sharon Morrison has hired more manpower (and womanpower) to facilitate that growth.  Tammy Nellis joins ESRP as senior vice president focused on office tenant representation.…

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Anbang Turmoil: The Chinese Insurer Was Still Buying Up Global Real Estate In May But That Could Be Over

Chinese insurer Anbang, whose chairman has stepped down amid reports he has been detained, was still a major buyer of global real estate as recently as last month. But now it may be facing a liquidity problem that will send it falling out of power.

The company has made a name for itself in the real estate world with a series of blockbuster deals in the U.S. and Europe, spending $8B in a little more than two years, according to data from Real Capital Analytics.

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Pre-Leases For Warehouse Space Under Construction Reach New Highs

The booming industrial market is breaking records left and right. 

The sector recorded its 28th consecutive quarter of net occupancy gains as of Q1; warehouse development pipelines hit new highs in the same quarter, spurred by demand for more modern Class-A facilities; and more recently, about half of the 167M SF of warehouse supply under construction has been pre-leased — a 10-year high.

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On this day in 1811, Harriet Beecher Stowe was born. Send Austin news to julia.bunch@bisnow.com and San Antonio news to kyle.hagerty@bisnow.com