ECR’s newest leasing assignment in Downtown San Antonio is the historic Dry Goods Building, Weston Urban’s most recent historic redevelopment project.
Located at 107 N Flores Street in a quickly transforming area of the CBD, The Dry Goods Building is one block from Frost Tower, San Antonio’s first Class AA office building. The Dry Goods Building was built in 1915 and designed by Leo M.J. Dielmann in the Art Deco style for brothers Samuel and Solomon Dalkowitz. It was known as the Dalkowitz Dry Goods Company until at least 1922.
Today, it is known as The Dry Goods Building and still retains its historic charm and retail presence with its location at the corner of N. Flores Street and W. Commerce Street. The building is located within walking distance of numerous amenities and points of commerce, including City Hall, the County Courthouse, San Pedro Creek, the Riverwalk, Market Square, Main Plaza, restaurants, coffee shops, and the future expansion site of UTSA’s downtown campus, which will house their School of Data Science and National Security Collaboration Center.
Weston Urban is one of the most active developers in San Antonio. Since 2012, they have focused almost exclusively on reviving the northwest quadrant of the central business district. Weston Urban has been involved with such notable downtown projects in San Antonio as the Frost Tower, Savoy Building, Milam Building, and the Rand Building.
Heath Cover, Vice President of Weston Urban, said that, “each project that we are blessed to be a part of has its own personality and The Dry Goods Building, with its historic character and charm, is chock-full. We are excited to be working with ECR on the office space and CBRE on the retail space to add to the already great neighborhood and vibrancy of downtown.”
The Dry Goods Building is currently undergoing significant renovations including restoring the exterior façade, the original floors, and retrofitting historic light fixtures. The improvements are expected to be completed by June 2020 and tenant improvements can commence immediately thereafter. The ground floor of the building has approximately 5,300 rentable square feet of retail space currently available for lease on Commerce Street, which is being marketed by Gene Williams and Joe Cukjati of CBRE. The second floor of the building offers approximately 11,000 rentable square feet of office space. This floor features abundant natural light, tall, exposed ceilings, new restrooms, a private entrance on N. Flores Street and available dedicated parking spaces.
Albert Vazquez, brokerage advisor with ECR, is the leasing representative for the office portion of The Dry Goods Building.
“The Dry Goods Building is a great leasing opportunity within San Antonio’s downtown scene. The location provides for an abundance of walkable amenities nearby and is in close proximity to the new park, San Pedro Creek Culture Park, and landmarks such as the Alameda Theatre, 18th-century Spanish Governor’s Palace, Bexar County Courthouse and City Hall. The 11,000 RSF office space caters towards a wide variety of tenant uses from technology and advertising/marketing companies to professional service firms, especially with the dedicated parking we can provide to our future tenants,” Vazquez explains.
ECR is excited to partner with Weston Urban on such a historic and unique project as The Dry Goods Building.
ECR | Equitable Commercial Realty (www.ecrtx.com) is a full service commercial real estate leasing, sales, and management services firm. ECR provides commercial real estate advisory and representation services within Austin, San Antonio, and Central Texas. With vast experience in office, creative/tech space, medical, industrial, warehouse/manufacturing, multifamily, retail, and land, ECR stands ready to assist with your commercial real estate leasing, sales and management services need.
Weston Urban (www.westonurban.com) began as an effort to attract and retain San Antonio’s tech talent. Since its founding in 2012, it has broadened its mission to encompass reviving the city’s center. By collaborating with partners and strategically leveraging resources, Weston Urban works to create downtown spaces where serendipity is possible. Weston Urban focuses on three primary services — Development, Leasing, and Lending.