L.A.-based BH Properties plans to launch a $9 million renovation of the 10-story office building it purchased from CPS Energy later this year.
Transactions
Terry Black’s BBQ owners buy land on Broadway for mixed-use development
Members of the Black family, which operate Terry Black’s BBQ in Austin and Dallas, have purchased nearly a full city block on Broadway two blocks north of the Pearl.
Restaurant, office upgrades planned for CPS Energy’s former San Antonio River Walk building
Los Angeles-based BH Properties plans to refurbish CPS Energy’s former River Walk office building, while adding a street-level restaurant.
Lifshutz buys 4.6 acres across river from Lone Star Brewery
Developer James Lifshutz has purchased a 4.6-acre property directly south of Roosevelt Park and across the river from the soon-to-be redeveloped Lone Star Brewery.
Wyndham River Walk hotel purchased with plans for $50M renovation
Two firms from outside Texas have purchased the Wyndham San Antonio River Walk hotel with plans to spend $50 million to turn it into a luxury InterContinental Hotel in early 2023.
Developer Adelman buys industrial site north of Lone Star Brewery
Local developer David Adelman and a partner have purchased a four-acre warehouse property directly north of the Lone Star Brewery with plans to build on the momentum of the area’s growth by developing it with a residential use.
San Antonio Housing Trust, NRP Group look to sell Cevallos Lofts
The San Antonio Housing Trust and developer NRP Group are fielding offers to purchase the Cevallos Lofts, the 252-unit apartment building credited with spearheading growth in that area of Southtown since it was built in 2010.
Hixon-Cavender adds to Broadway holdings
The Hixon Properties and Cavender family partnership has added another acre to the footprint of the mini-neighborhood it is developing in north downtown on both Broadway and Avenue B.
Newcomer to San Antonio buys historic building on West Commerce
After buying the Leeds building on West Commerce last month with a partner, Cory Stehr plans to spend $500,000 sprucing up its façade and renovating its interior.
CPS Energy sells 10-story building on San Antonio’s River Walk to California firm
CPS Energy has sold a 10-story office building and parking garage on the River Walk to a Los Angeles real estate firm.