Now’s the Time to Invest in Texas

Alfredo Gutierrez, founder of SparrowHawk Real Estate Strategists, didn’t mince words. His firm specializes in the industrial market and the Lone Star State, he thinks, is the place to be. “With everything that’s happening with e-commerce right now, it’s ready to go,” Gutierrez said. Look to Central Texas for proof. When the pandemic hit, online retail quickly became an essential part of everyday life. “We have seen major e-commerce tenants and last-mile distributors scramble to secure quality infill warehouse space and expand into developing parts of the city,” said Kevin Cosgrove, vice president of Stream Realty Partners. “Many companies have decided to outsource their distribution / final mile operations to 3PL providers in the near term.” Now’s the time to invest in Texas 4958 Stout Drive, a 102,000-square-foot industrial space just east of downtown San Antonio. He also expected an influx of auto-related distribution and light manufacturing requirements in San Antonio in the next few months after Tesla announced it would open its Gigafactory in Austin, what Cosgrove called “a huge win for the region.” Today’s market may have been what CRE insiders hoped for, but few could have predicted the rollercoaster that was the first half of 2020. “We experienced record positive absorption in 2019 and steady rent growth in our core submarkets, but understood that we could be facing a downturn after a decade of economic growth,” Cosgrove said, explaining why Stream was cautiously optimistic heading into this year. Just in the past month, he listed 4958 Stout Drive, a 102,000-square-foot industrial space just east of downtown San Antonio. In addition to its prime location near the I-10 and Loop 410 interchange, the building is 100 percent climate controlled and offers tenants the ability to utilize an adjacent 2.5-acre fenced yard. Click to read more at