Koontz Announces Plans for High-End Multi-Family Apartment Home Development Near Bitters and Loop 1604
Over the last 25 years, it’s been difficult to pin Bart Koontz down to any one type of development. He’s dipped his toes into apartments, offices, industrial and anything else under the sun. His view is, if you’re not constantly learning from what the market is telling you, you’re at risk of losing out.
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San Antonio Business Journal >
Koontz Corporation plans to develop a 188-acre “industrial mega-site” on the city’s Southwest Side, the latest indication of strong demand for warehouse, manufacturing and distribution space that’s gobbling up the dwindling number of sites in the metro area.
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San Antonio Express News >
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San Antonio’s Koontz Corporation has sold one of its properties, Encino Trace Luxury Apartment Homes, to SB Pacific Group LLC, a California investor. Although the value of the transaction was not disclosed, Brazos County values the property at $32 million.
San Antonio’s booming economy requires a more sustainable way to develop properties.