San Antonio Retail Market Report
Corporate Investment in South San Antonio a Boon For Retail;
Supply Pressure Minimal But Clustered
Demand tailwinds materializing on the South side. The outlook for retail spending and space absorption is promising in the Southern portion of the metro, as corporate investment will aid household creation. Port San Antonio will finalize next year, with an expectation that the $60 million investment into modern facilities and amenities will lure technology firms. An influx of tech employers would underpin incomes in the area and benefit local retailers, while the entertainment components of the project such as a museum and food hall bolster daily foot traffic. Other notable retail spending tailwinds on the South side will emerge as Navistar and Amazon’s facilities reach completion late this year and each hire hundreds of personnel.