San Antonio: Academy Sports + Outdoors takes a walk on the buy side | San Antonio: Academy Sports + Outdoors takes a walk on the buy side | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=12013 | 2016-02-05T06:00:00Z | 2016-02-05T18:00:00Z |
SAN ANTONIO - Even though it's just a short drive away from
its current location along SW Military, the six-acre site at I-35 and Zarzamora
packs a powerful punch for Academy Sports + Outdoors with its accessible,
dynamic location and that it was available to buy rather than lease. The sporting goods retailer will be moving its entire South
San Antonio presence three miles westward to shift from its current lease model
at 165 SW Military Dr. At nearly 63,000 sf—a boost from the SW Military store's 59,000 sf—the new Alamo Crossing location will offer the same services, inventory and uniforms.
Already turning dirt, Academy is going ground up on the
vacant lot at 7503 S Zarzamora and will be joining other retailers in the Alamo
Crossing shopping center such as Lowe's Home Improvement, Olive Garden, Red
Lobster and Longhorn Steakhouse. According to a construction permit, work is expected to wrap
up by April, and is estimated to cost about $1.5 million. | San Antonio Business Journal
| San Antonio-New Braunfels
| Retail
| http://www.bizjournals.com/sanantonio/news/2016/02/03/with-ability-to-own-rather-than-lease-academy.html | | | | Read more at the {Source} |