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San Antonio
Commercial Real Estate News
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CoStar's People of Note (Nov. 17) - Levy Lands at Crow, DePizzol Departs for NKF, Burdette Joins JLL...
The following companies announced personnel moves this week: Crow Holdings, Newmark Knight Frank, JLL, Avison Young, Kidder Matthews, Transwestern, JAG and Cushman & Wakefield | Thalhimer.img.pon{display: block; padding: 5px; width: 25%; max-width:180px...

Preferred Office Properties Closes on Class A Office Campus in San Antonio
Atlanta-based Preferred Apartment Communities (NYSE: APTS) has purchased the Westridge at La Cantera in San Antonio, TX through the company's office investment subsidiary from USAA Real Estate. Terms of the deal were not disclosed. Westridge at La...

Blackstone REIT Buying 20-Property Apt. Portfolio for $460 Million
Meritage at Steiner Ranch. Steadfast Income REIT entered into a joint venture arrangement with Blackstone Real Estate Income Trust involving 20 of Steadfast's 63 apartment communities. The 20 assets total 4,584 apartment units. In the transaction,...

Zenith Education Closing All but Three College Campuses
Zenith Education Group, which this past summer converted from a for-profit to a nonprofit career education provider, is planning to close 21 of its 24 remaining college campuses. Zenith plans to cease enrolling new students at the affected Altierus...

Self Storage REIT Acquires 1.7 Million-SF Portfolio in South, Midwest
National Storage Affiliates Trust (NYSE: NSAT) has acquired a 27-property self-storage portfolio totaling 12,171 units across Colorado, Georgia, Indiana, Kansas, Louisiana and Texas. NSAT purchased the portfolio totaling 1.7 million square feet for...

Amherst Buys 1,523 Single-Family Rental Properties from Institutional Investor
Amherst Holdings acquired a portfolio of 1,523 single family rental (SFR) properties from an undisclosed institutional owner and operator of the rental properties for $153.4 million or about $100,722 per home. The acquired portfolio consists of rental...

Ernst & Young Set to Open New Client Service Delivery Center in San Antonio
One of the largest professional services firms in the world has selected San Antonio, TX for the site of its new client service delivery center. Ernst & Young (EY), a London-based multinational services firm and one of the "Big Four" accounting firms...

Hines Plans First Multifamily Project in San Antonio
Houston-based international real estate firm Hines will expand its multifamily development pipeline into San Antonio following news the company will break ground early next year on a new four-story, 380,000-square-foot project in the Northwest submarket...

Velocis Retains Transwestern to Lease, Manage Legacy Oaks Medical Plaza
Dallas-based Velocis has tapped Transwestern to handle leasing and property management for Legacy Oaks Medical Plaza, a seven-building, 224,262-square-foot medical office park located along 5360 - 5430 Fredericksburg Rd. in San Antonio, TX. Recently...

Magi Real Estate and Brass Funds Rebrands Under Brass Banner
After more than 25 years operating as Magi Real Estate Services and Brass Funds, the largest owner/operator of office space in San Antonio will rebrand as Brass, effective immediately. The change in names will not change the focus of the business....

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