Found extra details on this project:
from
bizjournals.com
Quote:
R.L. Worth already has one tenant lined up for the building. Broadway Bank has inked a lease for just over 5,000 sf on the ground floor for a new bank branch.
"We are close to inking a deal for the balance of the first floor — which would take us to 25 percent preleased," says Bob Worth, president of the commercial development/brokerage firm.
And by the time R.L. Worth starts construction on the project — current plans call for a fall 2010 groundbreaking — the building could already be 50 percent leased.
R.L. Worth purchased the city block where the building is being developed from Broadway Bank.
While Worth declined to divulge leasing rates for the new building, he does say that his rents will be in excess of the Class A office properties in the central business district.
According to the first quarter 2010 office market analysis by NAI REOC San Antonio, the average asking rental rate for Class A properties downtown now stands at $21.05 per sf.
Each floor in the Broadway Building will span approximately 26,350 sf.
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and it looks like Broadway Bank will be abandoning their Soledad offices.
Add: While not huge news, but on the same topic of more office workers near DT, Detroit advertising firm
Campbell-Ewald is opening an office in the
Finesilver Building in Downtown San Antonio. It will move 2 workers down and hire 13 more for their office. For those that don't know, the
Finesilver is the blurple building at the corner of the 35/10 interchange
Read more: National advertising company to plant flag in San Antonio - San Antonio Business Journal