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CPS Energy Buys 800 MW Power Plant in Seguin

CPS Energy Buys 800 MW Power Plant in Seguin

By Camelia Bulea, Associate Editor San Antonio-owned CPS Energy agreed to buy the Rio Nogales natural gas plant in Seguin, an 800-megawatt combined-cycle plant that has been in operation for the past 10 years. A CPS news release reports that purchasing the plant will save the company a minimum of $1…

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Seldin Buys 540 Apartments in Two Complexes

Seldin Buys 540 Apartments in Two Complexes

By Camelia Bulea, Associate Editor The last day of February marked the purchase of two San Antonio apartment complexes — the Songbird and Villas of Oak Creste. The buyers — Seldin Co. and investment partners in Chicago – were attracted by the Class B properties due to the proximity of the two…

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SA Sports Complex Opens; UT System Regents Approve New Dental Center

SA Sports Complex Opens; UT System Regents Approve New Dental Center

By Camelia Bulea, Associate Editor The new Wheatley Heights Sports Complex is now open. The new sports complex (illustrated at right), located on San Antonio’s East Side, includes a football stadium, a nine-lane all-weather track, four AAU/UIL soccer fields and a cross-country track, according to the San Antonio Business Journal. The $10 million…

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Rockspring Capital Acquires New Braunfels Land; Gold Gym’s Shopping Spree

Rockspring Capital Acquires New Braunfels Land; Gold Gym’s Shopping Spree

By Camelia Bulea, Associate Editor Houston-based Rockspring Capital has acquired 40 acres of land in New Braunfels, at the intersection of Seguin Avenue and Klein Road, with the goal of investing in the housing market in the area. Future plans call [...]…

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Éilan Hotel Opens its Doors; CPS Energy Acquires Office Complex

Éilan Hotel Opens its Doors; CPS Energy Acquires Office Complex

By Camelia Bulea, Associate Editor The 165-room Éilan Hotel opened its doors on Feb. 1, the first part of a $400 million plan to bring a new level of luxury to San Antonio. The hotel also includes a 10,000-square-foot fitness center, [...]…

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Duke Buys Medical Buildings; Oak Manor Apartments Renovated

Duke Buys Medical Buildings; Oak Manor Apartments Renovated

By Camelia Bulea, Associate Editor Duke Realty added 110,739 square feet to its Texas healthcare portfolio with the acquisition of two properties located on the CHRISTUS Santa Rosa Alamo Heights campus. The two properties, which currently are 100 percent leased, are: A [...]…

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Satterfield & Pontikes Completes Wal-Mart Supercenters

Satterfield & Pontikes Completes Wal-Mart Supercenters

By Camelia Bulea, Associate Editor Satterfield & Pontikes Construction Inc. has completed three new Wal-Mart Supercenters in Corpus Christi. The centers were all finished in under a year. The San Antonio business unit of Satterfield & Pontikes built two of the three [...]…

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OCI Solar Power Relocates HQs, Manufacturing Facility to Alamo City

OCI Solar Power Relocates HQs, Manufacturing Facility to Alamo City

By Camelia Bulea, Associate Editor San Antonio has struck big: Atlanta-based OCI Solar Power will relocate its corporate headquarters and U.S. manufacturing operations to the Texas city. For the San Antonio community this means 800 professional and technical jobs, while the municipality [...]…

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CyrusOne, TechnoCycle to Build Facilities in San Antonio

CyrusOne, TechnoCycle to Build Facilities in San Antonio

By Camelia Bulea, Associate Editor At the end of last year, CyrusOne announced plans to build a data center in San Antonio, completing the company’s expansion plans to develop data centers in four major Texas cities. The company–which already owns facilities [...]…

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Partnership Gains Alamo Colleges 40,000-SF Building Plus Land

Partnership Gains Alamo Colleges 40,000-SF Building Plus Land

By Camelia Bulea, Associate Editor A new partnership deed between Port San Antonio and Alamo Colleges is intended to expand educational programs in aerospace technology in the region. According to the partnership, Alamo Colleges will receive from Port San Antonio a [...]…

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Inland, RioCan JV Pays $92M for Alamo Ranch Shopping Center

Inland, RioCan JV Pays $92M for Alamo Ranch Shopping Center

By Camelia Bulea, Associate Editor RioCan Real Estate Investment Trust and Inland Western Retail Real Estate Trust purchased the mega-shopping center Alamo Ranch for $92.2 million. Alamo Ranch was built on a 61-acre site in 2008 and today is 88 percent occupied. Anchor [...]…

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50 New Homes Sell in Far West Side Community

50 New Homes Sell in Far West Side Community

By Camelia Bulea, Associate Editor The Kalikow Group, developer of Luckey Ranch – a master-planned development in San Antonio’s far West Side – announced it has sold 50 new homes over the past three months. Moreover, another 16 home sales were under contract [...]…

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