San Antonio

90 Articles

Frost Bank Grows Texas Loan Book to $22.6B, Opens Seven Financial Centers as Q2 Profit Climbs 13%

Cullen/Frost Bankers reported a 7.4 percent jump in average loans and pressed ahead with an aggressive Texas branch build-out during the second quarter,...

BlackRock Takes 80% Stake in Meta’s $12.3B El Paso Data Center as Off-Balance-Sheet AI Financing Spreads

The joint venture that handed BlackRock majority ownership of Meta's Northeast El Paso campus mirrors a Louisiana financing blueprint and has revived questions...

Nippon Sanso Matheson to Build $5.4MM, 19,000 SQFT Gas Production Plant on San Antonio’s West Side

The industrial-gas producer, a subsidiary of Japan's Nippon Sanso Holdings, is doubling down on San Antonio with a ground-up filling and office facility...

Kalanick’s Atoms Will Build Joby’s Texas Vertiports as the Texas Triangle Moves First

Atoms, the holding company Travis Kalanick assembled after leaving Uber, will acquire and build the ground infrastructure for Joby Aviation's air-taxi service in...

Austin Posts 11% Hotel Occupancy Gain During World Cup Without Hosting a Single Match

Austin's hotel market recorded double-digit occupancy and revenue gains during the FIFA World Cup while Houston and most other U.S. host cities watched...

Austin Rent Declines Narrow to 1.9% as San Antonio Vacancy Tops 15% in Texas Multifamily Shakeout

Austin has climbed off the bottom of the national rent growth rankings for the first time in three years, but San Antonio has...

CyrusOne Advances $500MM, 460,000 SQFT Castroville Data Center as Texas Freezes New Grid Connections

CyrusOne is pressing ahead with a $500 million data center in Castroville and pledging to staff it with local workers, even as Governor...

SynerMark Properties Acquires 324,000 SQFT Union Square Office Campus in San Antonio, Backed by Tryperion Preferred Equity

A partnership led by SynerMark Properties has taken control of one of North Central San Antonio's best-occupied office campuses, tapping preferred equity from...

Gong cha Inks Record 50-Unit Franchise Deal Across Four Texas Metros as Owner Weighs $2 Billion Sale

The world's largest bubble tea brand has signed an exclusive area development agreement to open 50 locations across Austin, Houston, San Antonio and...

Lovett Industrial and NewQuest Partner on 2MM SQFT Industrial Campus in Seguin as I-10 Corridor Heats Up

Houston-based Lovett Industrial and NewQuest have formed a joint venture to develop Seguin Exchange Commerce Park, a 164-acre Class A industrial campus that...

Shreem Capital Nears Completion of 77-Room Aztec Hotel on San Antonio’s River Walk, Betting on Boutique Amid Market Headwinds

A decade-long effort to transform the upper floors of San Antonio's landmark Aztec Theatre into a boutique hotel has reached its final stretch,...

HC Capital Partners Pivots 1,500-Acre Energy Ranch in Frio County From Data Centers to Power Generation, Targeting 250 MW by 2028

HC Capital Partners has abandoned its data center ambitions for the 1,500-acre Energy Ranch campus in Frio County, repositioning the project as a...