Search Site


San Antonio RE News

Commercial Real Estate Industry News Headlines | Bizjournals.com

Commercial Real Estate news
  • Sprouts Farmers Market Inc. (NASDAQ: SFM) has finally confirmed one specific location in Florida, at a Tampa shopping center. The Phoenix, Arizona-based specialty grocer on Thursday said that it will open in Carrollwood Commons, at 15110 N. Dale Mabry Highway, in the first quarter of 2017. The shopping center, owned by Kimco Realty (NYSE: KIM), is 206,564 square feet. It is anchored by Target Corp. (NYSE: TGT) and across the street from a Publix Super Markets Inc. store. Sprouts will occupy a…

  • Maryland-based Preferred Apartment Communities made a big purchase in the Birmingham market. As we recently reported, PAC bought the nine-story office building at Brookwood Village. It is a Class A office building with 169,500 square feet that is currently 100 percent leased to tenants such as PwC, Merrill Lynch and Kinder Morgan. Public record filings show PAC paid $49.8 million for the Brookwood office building. It was previously owned by Cypress Equities, which owns the Brookwood Village shopping…

  • Charlotte-based developer Crescent Communities has appointed David O’Donoghue as executive vice president of its resort and second-home communities team. O’Donoghue will be responsible for sales, marketing, development, overall operations and property management for Crescent’s flagship Palmetto Bluff community, a 20,000-acre development in Bluffton, S.C., between Hilton Head Island and Savannah, Ga. Palmetto Bluff recently underwent a $100 million expansion to create new residential communities…

  • The six-mile stretch of Main Street in Clarence that runs from Transit Road east to the Newstead town line is an eclectic mix of national chains, private homes, green space and local businesses. What it isn’t is cohesive. But that may change. The Clarence Industrial Development Agency is working with consultant Clark Patterson Lee to devise a blueprint for that portion of Main Street. The intent is to combine development needs with the town’s rural ambiance. “Right now, it is such a mishmash,”…

  • Brian Gibbons says he's trying to attract a national retailer to the Shops at Keniloworth, the Towson center that he's overhauling for $20 million. Gibbons, the CEO of Greenberg Gibbons Commercial Corp., said there are ongoing negotiations to bring in a national retailer next year, though he declined to disclose the company. Meanwhile he's excited that the center was able to attract Wilkes & Riley, a menswear store started by a former Jos. A. Bank executive, and Liza Byrd Boutique, a women's accesory…