San Antonio: new life flows to 102,000-SF Olmos Creek | San Antonio: new life flows to 102,000-SF Olmos Creek | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=10660 | 2015-09-30T05:00:00Z | 2015-09-30T15:00:00Z |
SAN ANTONIO - The retail market in North San Antonio is
thriving, with construction, tenant demand and rents continuing to push through
new highs. Yet, on some of the busiest streets in the city, there are
plenty of older shopping centers that have lost both their appeal and majority
of their tenants. The 101,670-sf Olmos Creek Shopping Center — currently 45
percent occupied — is just one of them. But with new owners, a new team of brokers and a revamped
idea of which tenants to bring into the space, the neglected center at the
intersection of Huebner Rd. and Northwest Military Dr. will get some activity
pumped through it. Earlier this year, New York-based ALTO Real Estate Fund
purchased the center with Dallas-based TCP Realty Services for $16 million.
Along with Planet Fitness, current tenants
include McDonald's, Subway, Compass Bank and The UPS Store. | San Antonio Business Journal
| San Antonio-New Braunfels
| Retail
| http://www.bizjournals.com/sanantonio/news/2015/09/23/new-buyer-leasing-team-to-revamp-olmos-creek.html | | | | Read more at the {Source} |