Purchasing office space in or near San Antonio, Texas
With work from home gaining popularity, especially in the IT sector, how are the commercial real estate prices trending? 
Would this be a good time to purchase real estate for a small office (in San Antonio region)? Would renting be better?
What is a good/reliable resource to find historical data &amp; future projections -- $/sf, inventory, vacancy rate etc?
We have little experience with commercial real estate &amp; been working from home office, but now looking to expand. Any helpful comments would be much appreciated!
[{"id": "i7du4uo", "text": "SA is a white hot Texas market right now. Minimal inventory but in the long run pricing will go up. Would be patient but for now, don\u2019t expect a deal unless you\u2019re terribly lucky\u2026 just pay the freight. In the long run as long as you\u2019re making an educated decision and buying a good asset you\u2019ll be pleased.\n\nAlso, all of your answers should be answered by a LOCAL COMMERCIAL realtor (all caps because i mean it). Know that TX is a non disclosure state so you won\u2019t have convenient access to what deals cost without someone who does them often.\n\nIf you need a recommendation look for an associate at Stream or Cavender Hill if you\u2019re looking to spend under $1MM. If more, call one with more experience\u2026 the young guys are hungry for smaller deals and the vets are pretty busy right now especially here in TX. Good luck!", "replies": [{"id": "i7dw5sn", "text": "Thank you! Very useful information!", "replies": [], "depth": 2}], "depth": 1}, {"id": "i7eo3u6", "text": "I recently spent a weekend in San Antonio and met with three different developers and toured a new office, a new multi family property, and two new last mile industrial boxes.\n\nAs another commenter said, the SA market is hot. To get some real market guidance, you\u2019re going to want to talk to a broker. \n\nFrom my own observations, the city has tons of value-add potential. Super historical, the river walk and Pearl are really cool. \n\nI\u2019d be doing some research on companies that are moving to SA. The office building I toured was a Class A building very close to down town, but just on the outskirts enough for the tenants they were hoping to get to look elsewhere. It\u2019s almost entirely vacant and has been for 6-12 months. Ouch. Luckily, they\u2019re a family office and can sustain a good period of cash burn. But most people would have to sell for a loss.\n\nWhile it\u2019s growing, I\u2019d be very particular with the question of: \u201cWho is my tenant and will they stay?\u201d", "replies": [], "depth": 1}, {"id": "i7hnk1k", "text": "Our brokerage headquarters is in SA and we primarily focus on the sale of office &amp; industrial assets. I\u2019m the managing partner and we\u2019d be happy to help. DM me if you\u2019re open to a conversation to assess whether it\u2019s a feasible idea based on your business\u2019s needs and what options may look like. \ud83d\udc4d", "replies": [], "depth": 1}]