Retrofit Atlas

Malls · Texas

Ingram Park Mall

Imported, unreviewedOperatingSan Antonio (Leon Valley), TX

Ingram Park Mall, a 22.9‑acre operating mall in Leon Valley, TX, is REO‑held and listed for sale after foreclosure today · summary, model-written

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Finance and pipeline
Foreclosure or REOThis site: research-deals · all sites with this
Listed for saleThis site: research-deals · all sites with this
Place
30,000+ vehicles a day on an adjacent roadThis site: 210,486 on 410 fhwa-hpms · all sites with this
County permitting 2,000+ apartment units a yearThis site: 2,506 units, Bexar County census-bps · all sites with this
Interstate or freeway within 600 mThis site: 410 fhwa-hpms · all sites with this

All elements and lists · Trends

Now

StatusOperatingpublic reporting
RedeveloperRush Fun Park (Rush Maxx), retenanting former Sears anchorhermes-web

Deals and debt

DateEventPricePartiesSource
2024-09Listed · REO— ← Morgan Stanley affiliate (won at foreclosure auction)sacurrent.com 2024-09-09

Securitised debt and public filers

As reported by the owner

Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.

Year endFilerName in filingGLA sq ftOccupancyYearsShareSales psfAnchors listed
2016Simon Property Group 10-K, 2017-02-24Ingram Park Mall San Antonio, TX
match: exact
1,120,44498.1% occupiedbuilt 1979100.0%
Fee
Dillard's, Macy's, JCPenney, Sears, Bealls,
2009Simon Property Group 10-K, 2010-02-25Ingram Park Mall San Antonio, TX
match: exact
1,125,70893.4% occupiedbuilt 1979100.0%
Fee
Dillard's, Dillard's Home Store, Macy's, JCPenney, Sears, Bealls

Site context

Housing permits, Bexar County (TX), 20242,506 units in 5+ unit buildings, 28 in 2–4, 5,815 single-family; 2023: 4,932 in 5+Census BPS
Other atlas sites nearby1 within 10 km, 4 within 25 km: Crossroads Mall (7.2 km)computed
Retail trade in the county, 2012 to 20235,037 establishments (+3%); 98,269 jobs (+20%)Census CBP
Housing market in the countytypical home value $250,969 (-2% 1 yr, +4% 5 yr); typical rent $1,393/mo (-1% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)210,486 vehicles a day on 410 (Interstate, 10 lanes); 7,188 trucks; 20 counted segmentsFHWA HPMS

Summary, model-written

Ingram Park Mall opened as a regional shopping center in Leon Valley, Texas, and has remained operating as a mall. In 2024 it became REO after a foreclosure auction, with a Morgan Stanley affiliate acquiring the property and placing it on the market for sale. The site continues to operate while being marketed for disposition.

Why. The record shows a distressed loan or foreclosure as the primary cause of the current listing, indicating financial stress on the ownership. No specific anchor tenant losses, competition, or demolition are mentioned in the record.

Where it stands. The mall is currently operating and controlled by the Morgan Stanley affiliate that won the foreclosure auction and is listed as the seller in the 2024 listing.

For a planner

  • Potential for adaptive reuse or redevelopment given the 22.9‑acre site size.
  • No public incentives or policy tools are documented in the record.
  • Open questions include future land‑use zoning, community impact, and timing of disposition.

For a developer

  • Site totals 22.92 acres, providing substantial land for new construction.
  • Control lies with a single institutional seller (Morgan Stanley affiliate), simplifying negotiations.
  • Entitlement status is unknown; the property remains operating as a mall with no noted zoning changes.
  • Context‑layer constraints (flood, transit, environment) are not provided in the record.

What we do not know yet

  • Exact opening date and original anchor tenant mix are not recorded.
  • Current tenant occupancy, lease terms, and financial performance are unknown.
  • Environmental, floodplain, and transit access details are missing from the record.
  • The verified status is draft and based on a single source, indicating thin data quality.
  • Any existing debt structure beyond the REO status is not specified.

Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

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Multifamily screen

  • 22.92 acres
  • county grew 5.8% 2018–23
  • distressed loan or foreclosure
  • listed for sale

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Acres22.9public reporting
Original developerMelvin Simon & Associates (Simon Property Group)hermes-web
CountyBexar County
Census division7 · West South Central
NotesRecord created from a 2024+ transaction, listing or loan report; no retrofit recorded.

Not yet recorded: GLA, year opened, what is there now, retrofit year. Know it? Tell us.

Sources

  • found by hermes-web (staffboxfree)
    2 quoted sentences
    Developer | Melvin Simon & Associates ... The mall opened on March 1, 1979 with J. C. Penney, Dillard's, Joske's, and Sears.
    In 2021, the mall was sold at a foreclosure auction for $100.7 million to an entity associated with the investment firm Morgan Stanley, one month after Simon Property Group defaulted its loan.
  • found by hermes-web (staffboxfree)
    1 quoted sentence
    The old Sears building at Ingram Park Mall has sat quietly since it closed its doors in 2018...a new entertainment center is set to breathe new life into the 45-year-old mall.
  • found by hermes-web (staffboxfree)
    1 quoted sentence
    Longtime owner Simon Property Group built the mall, totaling about 1.1 million square feet, more than 40 years ago.
  • Part of San Antonio's Ingram Park Mall listed for sale · 2024-09-09
    1 quoted sentence
    listed 22.92 acres of its 83.57 acre complex for sale

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