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San Antonio Heron

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Transactions

Restaurant, office upgrades planned for CPS Energy’s former San Antonio River Walk building

July 18, 2021 By Ben Olivo

BH Properties of Los Angeles plans to upgrade the offices of this former CPS Energy building at 146 Navarro St., while adding restaurant space to the lower floor.

Los Angeles-based BH Properties plans to refurbish CPS Energy’s former River Walk office building, while adding a street-level restaurant.

Filed Under: Architecture, CPS Energy, Office, Parking, River Walk, Transactions Tagged With: Andrew Van Tuyle, AT&T, BH Properties, CPS Energy, HDRC, Historic and Design Review Commission, La Villita, River Walk, Valero Energy Corp., Villita Assembly Building

Lifshutz buys 4.6 acres across river from Lone Star Brewery

June 10, 2021 By Richard Webner

James Lifshutz has purchased 4.6 acres of property south of Roosevelt Park.

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.

Filed Under: Lone Star, Mission Reach, South Side, Southtown, Transactions

Wyndham River Walk hotel purchased with plans for $50M renovation

June 9, 2021 By Richard Webner

The Wyndham San Antonio River Walk, 111 E. Pecan St., was recently purchased with plans for it to become a luxury InterContinental Hotel.

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.

Filed Under: Development, Hotels, River Walk, Transactions Tagged With: Aiden Hotel, Andrew Scarlett, Artista Hotel, Best Western, Cypress Real Estate Advisors, Dream Hotel, Harris Bay, Hotel Contessa, InterContinental Hotel, InterContinental Hotels & Resorts, Jordan Scharg, Riverplace, Scarlett Hotel Group, Trailbreak Partners, Weston Centre, Weston Urban, Wheelock Street Capital, Wyndham San Antonio River Walk

Developer Adelman buys industrial site north of Lone Star Brewery

June 8, 2021 By Richard Webner

This property at 410 Probandt St., across from the former Lone Star Brewery, was recently purchased by developer David Adelman and a partner.

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.

Filed Under: Development, Housing, Lone Star, South Side, Southtown, Transactions Tagged With: Blue Star Arts Complex, Camp Outpost Co., Cattleman Square, David Adelman, Flats at Big Tex, G&K Services, GrayStreet Partners, Historic and Design Review Commission, Lone Star Brewery, Midway

San Antonio Housing Trust, NRP Group look to sell Cevallos Lofts

May 13, 2021 By Ben Olivo

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.

Filed Under: Development, Housing, San Antonio Housing Trust, Southtown, Transactions Tagged With: Adam Siegal, Cevallos Lofts, City Council, City of San Antonio, Debra Guerrero, Housing First Community Coalition, NRP Group, Pete Alanis, Rebecca Flores, Roseville Apartments, Salado at Red Berry, San Antonio Housing Trust, San Antonio Housing Trust PFC, Southtown, The Baldwin, The Viridian, Upton at Longhorn Quarry

Hixon-Cavender adds to Broadway holdings

April 14, 2021 By Richard Webner

This three-story warehouse at 931 Broadway was recently purchased by the Hixon-Cavender partnership.

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.

Filed Under: Broadway, Development, River North, Transactions Tagged With: Broadway, Cavender, CPS Energy, Flats at River North, GrayStreet Partners, Hixon Properties, Iron Mountain Information Management, John Beauchamp, Soto

Newcomer to San Antonio buys historic building on West Commerce

March 6, 2021 By Richard Webner

The Leeds building at 345 W. Commerce St. has been purchased by former Los Angeles developer Cory Stehr.

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.

Filed Under: Commerce Street, Development, Historic Preservation, Transactions, West Downtown

CPS Energy sells 10-story building on San Antonio’s River Walk to California firm

February 11, 2021 By Richard Webner

CPS Energy has sold a 10-story office building and parking garage on the River Walk to a Los Angeles real estate firm.

Filed Under: CPS Energy, Office, Parking, River Walk, Transactions Tagged With: Andrew Van Tuyle, Bexar Appraisal District, BH Properties, CPS Energy, Melissa Sorola, Mexican Consulate, Nora Castro, Paula Gold-Williams, River Walk, Villita Assembly Building

New England firm buys $52.4M Hotel Contessa on River Walk

November 23, 2020 By Richard Webner

A New England investment firm has purchased the Hotel Contessa luxury River Walk hotel from former owners Silver Ventures and Hixon Properties.

Filed Under: Hotels, River Walk, Transactions Tagged With: Hixon Properties, Hotel Contessa, Pearl, River Walk, Silver Ventures, Tim Hodes, Wheelock Street Capital

Austin real estate firm purchases historic office building on downtown River Walk

November 23, 2020 By Richard Webner

This three-story office building on the River Walk sits at 454 Soledad St.

An Austin real estate firm has purchased a three-story historic office building on the River Walk in a fast-growing part of west downtown.

Filed Under: Office, River Walk, Soledad Street, Tech District, Transactions, West Downtown Tagged With: Convent Street, Henry Cisneros, Lynn Yuan, Mission DG, Opportunity Zone, Real International, River Walk, San Antonio Housing Authority, Soledad Street, Victoria Miramontes, Weston Urban

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