Developer Weston Urban is reaching beyond downtown as it prepares to buy the historic Koehler House from the Alamo Colleges District.
The downtown San Antonio apartment market, which city leaders went to such great effort to grow, has matured to a point where it is drawing major attention from out-of-town investors.
Over the last five years, the partnership of developer David Adelman, and real estate executives Michael Jersin and Don Thomas of CBRE, have come to dominate St. Paul Square.
In 2015, GrayStreet Partners announced it had purchased several iconic buildings on East Houston Street, and spoke of the corridor’s rebirth. Nearly seven years later, the local developer has been selling off its assets as it shifts focus, and capital, to other projects.
Newstream Capital, from a northern suburb of Fort Worth, bought two properties on Villita Street, across from the Tower Life Building. The firm is still deciding what to build on them.
The proposed demolition of the 108-year-old Hughes home in Tobin Hill, owned by the Archdiocese of San Antonio, is on hold after community outcry led San Antonio College to withdraw its interest in the property.
Downtown developer GrayStreet Partners on Thursday purchased a one-acre parking lot from CPS Energy, next to the Mexican Consulate and across from the Tower Life Building, in the heart of downtown.
The 338-unit Encore SoFlo, one of the recent apartment buildings to breathe life into the area north of the H-E-B SoFlo Market, has been purchased by Texas firm Strategic Property Investment.
A partnership between two investment firms from the Northeast has purchased the Augusta Flats and Jones & Rio apartment complexes—two of the largest residential developments to be built in north downtown in recent years.
CPS Energy has sold its former headquarters at 145 Navarro St. on the River Walk to a real estate company that plans to renovate it into a hotel.