CRE brokers
Foresite Commercial Real Estate
Foresite Commercial Real Estate is a full-service commercial brokerage working the San Antonio and Austin markets, with investment sales, leasing, tenant representation, and property management under one roof.
On the leasing side the firm describes its approach as proactively identifying the best retailers for a project rather than putting up a sign and sending an e-blast, and on the tenant side it introduces a concept to landlords and negotiates terms. Property management is offered as a menu of services customized to the client. The firm runs management on AppFolio and produces reports with an executive summary covering submarket occupancy and rents, upcoming vacancies, and capital expenditures, on the argument that owners who can see submarket trends respond faster to changes at the property.
Foresite publishes a quarterly research report, the CRE MarketWire, covering the San Antonio and Austin commercial markets, including rent collections and cap rates, built from its own data gathering plus interviews with active investors and property owners. It works from a corporate office at 777 E Sonterra Boulevard in San Antonio and an Austin office at 1301 W 25th Street, with a separate property management phone line.
Commission and management fee schedules are not published; ask for the fee structure and a sample management report, which the firm offers on request.
Best for
Owners and investors in retail, office, and industrial property in San Antonio and Austin who want brokerage and property management from the same firm, and retailers or businesses looking for space in those two markets.
What they do
- Commercial investment sales
- Landlord and project leasing
- Tenant representation
- Commercial property management
- Owner reporting on submarket occupancy and rents
- Quarterly South Texas market research reports
Details
| Attribute | Value |
|---|---|
| Other offices | Austin, TX |
What stands out
- Works the San Antonio and Austin markets from a corporate office at 777 E Sonterra Boulevard and an Austin office at 1301 W 25th Street.
- Publishes the quarterly CRE MarketWire research report on the San Antonio and Austin markets, covering metrics including rent collections and cap rates.
- Runs property management on AppFolio and issues reports with an executive summary of submarket occupancy, rents, upcoming vacancies, and capital expenditures.
- Case study: filled a shopping center that was 30% occupied in less than a year.