San Antonio office market sees measured developmentSan Antonio office market sees measured developmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=52972014-01-10T12:22:00Z2014-01-10T00:00:00Z

SAN ANTONIO - The leading employment sectors for San Antonio have traditionally been military and tourism. The city is home to the largest military medical facility in the country and is the top tourist destination in Texas.

Media and technology is emerging, too, as San Antonio also has the largest co-working space for start-ups in the state (a 45,000-sf facility known as Geekdom) and the top open cloud computing company in the world (Rackspace).

New build-to-suits for corporate users have continued to broaden the industry base throughout the city, expanding employment in professional services, healthcare, energy and technology.

NuStar, a growing energy company, built a 300,000-sf headquarters in the far Northwest submarket and now has 550 employees.

KCI, a medical company with 2,000 employees throughout San Antonio, recently completed construction of its more than 98,000-sf headquarters.

Nationwide completed construction of a regional 300,000-sf headquarters, which housed nearly 1,500 employees upon delivery with hiring underway to expand that total to 2,000 associates.
Report by Steve Thomas, first vice president; Lindsey Tucker, vice president; and Sara Rutledge, director of research and analysis, CBRE.

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