USAA Inks Leases On Two Entire New Buildings
September 21, 2016

USAA Inks Leases On Two Entire New Buildings

Keen market watchers have been showing concern about all the new Class-A office space in San Antonio. With USAA's decision to expand its footprint by leasing two new buildings, some of those concerns are being assuaged. To hear what other factors are keeping San Antonio's commercial real estate experts up at night, join Bisnow at the upcoming San Antonio State of the Market on Sept. 29.

The financial services giant inked leases in Vista Corporate Center (pictured) and Westridge Two at La Cantera, both in the city's Northwestern submarket. The two spaces combine for 286k SF, giving the submarket's occupancy rate a jolt. Transwestern's Russell Noll

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Scan Studios (Online Auction Oct 13-14) A/S 10644
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How's Office Demand In The Texas Triangle?

Nobody's messing with Texas office space, and a new report from CBRE proves it. With nearly 500M SF of office space in the Texas Triangle, the Lone Star State would rank as the 10th-largest economy in the world if it…

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Canopy Walk To Connect Fairmont Austin And Austin Convention Center

It's about to get much easier to walk from the Fairmont Austin (which some—OK, we—have called the city's next big project) to the Austin Convention Center. A 33-foot elevated bridge called the Red River Street Canopy Walk will connect the second…

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The Real Estate Behind The Richest Men And Women In The World Part 3: Warren Buffett

Warren Buffett is the third-richest person on earth with a net worth of $65.3B, and his modest tastes and refrain from the excessive make him a bit of an anomaly among billionaires. While the Oracle of Omaha holds numerous investments in real estate, his own home hardly stands out from the others on the block.

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Millennial Debt Contributing To Apartment Demand

Apartment demand is skyrocketing across the country, and Millennials are at the heart of the surge.

Multifamily expert Kevin Finkel, COO and president of Resource Real Estate Opportunity REIT in Philadelphia, says a huge factor in this apartment shortage is Millennial demand. Americans under the age of 30 make up roughly 50% of renters, Kevin says, and there are several factors that keep them from turning to homeownership as an option.

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We're Hiring!

Could you wrangle this crowd? Bisnow is looking for a part-time on-site event coordinator to handle our Texas events. We need somebody with a lot of energy, who's willing to roll up their sleeves and wake up bright and early to keep our events running smoothly in Dallas, Austin and San Antonio. Expenses paid for travel. If this is you or someone you know, email Javier@bisnow.com. You'll earn $400 for referring someone we hire.

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On this day in 1937, John Ronald Reuel Tolkein published The Hobbit. The original print run of 1,500 copies sold out by December. Send Austin news to julia.bunch@bisnow.com and San Antonio news to kyle.hagerty@bisnow.com