H-E-B Scores Sizable Tax Break for SA Warehouse Expansion

Why it matters

This is a routine local tax incentive deal for a warehouse expansion by a regional retailer, with limited broader credit-market impact or novelty for sophisticated credit professionals.

Sources

• Connect CRE

  H-E-B Scores Sizable Tax Break for SA Warehouse Expansion

  H-E-B is planning a $635 million expansion to its Super Regional Center near Foster Road and East Houston Street in Bexar County. As part of the deal, Bexar County has voted to approve a deal that will reduce the company’s county property-tax bill by more than $15 million over…