Search Site


San Antonio RE News

Commercial Real Estate Industry News Headlines | Bizjournals.com

Commercial Real Estate news
  • JLL recently presented its national Skyline Report that takes a deep look at downtown skylines across the U.S. and guess what? Austin is one of the most expensive markets in the country for leasing in trophy offices — with the most expensive properties in the CBD, especially the brand new ones. According to JLL, Austin is the No. 7 most expensive skyline market with a per-square-foot average lease rate of $53.67. The cost to lease in Austin’s premium properties now surpasses comparable space…

  • Two local architecture firms are teaming with Austin’s most famous filmmaker, Richard Linklater, to redesign the Austin Film Society’s AFS Cinema at The Linc, 6226 Middle Fiskville Road. Designtrait, an architectural firm headed by Becky Jeanes and Tray Toungate, is collaborating with the the Michael Hsu Office of Architecture on the arthouse cinema project, which has been operating since May but will receive a blockbuster makeover that will create two theaters. The 18,000-square-foot space…

  • One of the first attempts at transit-oriented development in San Jose, the 11-story condo tower at the Tamien light rail and Caltrain station called Skyline San Jose, may get some neighbors. The Santa Clara Valley Transportation Authority (VTA) is now accepting proposals to develop the seven acres it owns immediately north of the condo tower with up to 440 housing units and 3,000 square feet of commercial space on a long-term ground lease. Join the conversation: Follow @SVbizjournal on Twitter,…

  • Citizen Pilates, which recently opened its doors in the Heights at 3217 Houston Ave., will open a second location in the Heights and is enlisting a Houston-based crowdfunding source to do so. The studio has secured around 15,000 square feet of space at 940 Heights Blvd., Citizen Pilates founder Jess Hughes told the HBJ. She's already raised $75,000– $10,000 more than the goal of $65,000 – in just five days on NextSeed to fund the purchase of new pilates equipment and for the interior buildout. Other…

  • First Citizens Bank has paid $3 million for property on Music Row. The Tennessean reports that the North Carolina-based bank will relocate its main local office and existing Nashville branch to the 7,400-square-foot building, located at 1516 16th Ave. S., next fall. The seller was Rocky McElhaney Law Firm, which is relocating to Hendersonville next spring, according to The Tennessean. Two months ago, the bank paid $715,000 for a vacant lot next to the building. First Citzens Bank’s existing…