San Antonio’s retail real estate market shows promising 2022 debut
San Antonio retail made notable progress in the first month of 2022, showing the local market is on a hot path if trends continue to stay steady through the new year.
NAI highlighted the notability of two tenants — Fitness Connection, a budget gym chain, and another undisclosed tenant —taking over the 141,606-square-foot former Sears location in South Park Mall.
The management firm behind the mall told the Business Journal it expects more business in non-traditional real estate interest as wealth creation remains concentrated in other areas of San Antonio.
“We’ve seen more of an uptick in non-traditional retail experiences, especially in centrally located destination hubs such as South Park Mall,” said Igal Nassim, director of leasing at Mason Asset Management in a statement to the Business Journal earlier this month.
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