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USAA's hefty downtown expansionUSAA's hefty downtown expansionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=140632016-08-05T05:00:00Z

​SAN ANTONIO - Come first quarter 2017, USAA will be adding an additional 100 employees to its current footprint in its One Riverwalk Place tower in downtown San Antonio.

Finish-out work, estimated at $3.55 million, on the 19th floor of the building at 700 N St. Mary's St. will begin later this year.

This signals a hefty investment in both the company-owned property as well as the city's central business district. ​​​​​​​​​​​​​​

Alamo Architects has been brought on to help redesign the space—technically located on the 18th floor due to the absence of a labeled 13th floor in the building—which spans approximately 15,000 sf.

Once completed, the company will have employees on four of the Class A building's 18 floors, USAA Spokesman Matthew Hartwig said in an email.

USAA's real estate arm USAA Real Estate Co. closed on the 261,633-sf building nearly three years ago. 

Back in May of this year, the company announced it would be expanding its presence in the building—which currently has 150 employees—up to 250 employees.

Hartwig said the floor plan designs are still being finalized, but the company is targeting a first-quarter 2017 move in.​

San Antonio Business Journal
San Antonio-New Braunfels
Office
http://www.bizjournals.com/sanantonio/news/2016/08/03/guess-how-much-usaa-is-investing-in-its-downtown.html

​See ​San Antonio Office Market Reports here.

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