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San Antonio


LGI Buys 200-Acre Site at Luckey Ranch, with Plans to Build 800 Homes

LGI Buys 200-Acre Site at Luckey Ranch, with Plans to Build 800 Homes

LGI Homes announced the purchase of 208 acres of land in San Antonio’s far West Side with plans to build approximately 800 new homes. Terms of the sale were not disclosed. The deal is part of a larger master-planned development in the area, called Luckey Ranch, which spans over 610…

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Holiday Inn Riverwalk Ready for Tourists After Undergoing $13M Renovation

Holiday Inn Riverwalk Ready for Tourists After Undergoing $13M Renovation

InterContinental Hotels Group PLC has just completed a $13 million makeover of its Holiday Inn San Antonio Riverwalk. The hotel near River Walk underwent full renovation, which can be seen in various aspects of the facility, starting with the lobby.…

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Walmart to Hire 275 People at Northeast Supercenter

Walmart to Hire 275 People at Northeast Supercenter

Walmart Stores Inc. is looking to hire about 275 full- and part-time employees at its new Supercenter, along Binz-Engleman and Foster Road, which is expected to open this spring. The Northeast project is one of the four that the Bentonville, Ark.-based company is currently developing in the Alamo City.…

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Two San Antonio Apartment Communities Change Hands

Two San Antonio Apartment Communities Change Hands

The San Antonio apartment market seems to be very attractive for investors, with two important multifamily properties having changed hands recently. Sierra Ridge, a 230-unit apartment community located on the city’s North Central Side, has a new owner since February 14.…

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146-Room Boutique Hotel Planned for Pearl

146-Room Boutique Hotel Planned for Pearl

The Pearl development will have a new boutique hotel next year, as Kimpton Hotels & Restaurants was selected to operate a 146-room project on the former brewery site. The boutique hotel will include two new restaurants, a roof-top pool, venue space facing the San Antonio River and a cocktail bar.…

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Brookhollow Park Office Building Changes Hands

Brookhollow Park Office Building Changes Hands

The San Antonio office of Transwestern has recently brokered the sale of Brookhollow Park – a 102,466-square-foot Class A office building. Located in the North Central submarket of San Antonio the multi-tenant building is currently 100 percent leased.…

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Gold’s Gym Adds Two New Facilities in Alamo City

Gold’s Gym Adds Two New Facilities in Alamo City

Gold’s Gym International (GGI) continues to add new fitness facilities in growing San Antonio areas. The company has recently announced plans to open two new gyms, totaling 103,000 square feet of space that will be added to the 20 locations it already operates in the Alamo City.…

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Phase One of $100M Solar Project Breaks Ground in San Antonio

Phase One of $100M Solar Project Breaks Ground in San Antonio

OCI Solar Power is in the process of developing Alamo I, the first phase of a $100 million major solar project in San Antonio. Phase I of this project will have a capacity of 41 megawatts and is expected to complete by mid-2013.…

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Dave & Buster’s to invest $15M in SA Venue

Dave & Buster’s to invest $15M in SA Venue

Dallas-based Dave & Buster’s announced plans for a new dining, arcade and entertainment venue at Rivercenter Mall, in the downtown of the Alamo City. The new Dave & Buster’s will be located in the former Joske’s building and should be open in the summer of 2014.…

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Éilan Development Sells to Lone Star Funds as Part of $720M Deal

Éilan Development Sells to Lone Star Funds as Part of $720M Deal

Netherlands-based Wereldhave has recently announced the decision to sell its entire U.S. portfolio to Lone Star Funds, a Dallas-based private equity firm. Wereldhave expects to close the deal with Lone Star Funds in the first quarter of 2013.…

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Hyatt Hill Country Undergoes $35M Renovation

Hyatt Hill Country Undergoes $35M Renovation

Woodbine Development Corp. recently unveiled interesting details regarding the $35 million renovation and expansion of its Hyatt Regency Hill Country Resort and Spa in San Antonio. The renovation project will be completed in two phases.…

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Ashley Oaks Apartments Changes Hands in $30.8M Deal

Ashley Oaks Apartments Changes Hands in $30.8M Deal

Steadfast Income REIT, Inc. made its third acquisition in Texas on Nov. 29, with the purchase of Ashley Oaks in North Central San Antonio. The 462-unit garden-style apartment community was sold for $30.8 million. Built in three phases, in 1985 and 1995, the multifamily property is currently 93 percent occupied.…

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