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San Antonio’s retail real estate market shows promising 2022 debut


Category: Property News

Date: March 02, 2022

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.

To read more, please visit San Antonio Business Journal.