REAL ESTATE

Lineup of new tenants to open at LaCenterra at Cinco Ranch

BY CSA STAFF

Katy, Texas Houston-based Vista Equities Group and Denver-based Amstar Group announced that several new tenants will soon be opening at their LaCenterra at Cinco Ranch mixed-use town center development in Katy (Houston), Texas.

New retailers include Berripop Frozen Yogurt, Fit N Fresh Gourmet, Otto’s Deluxe Grille and Paper Lane Stationary and Gifts too!

Relocating business offices to LaCenterra include Better Homes and Gardens Real Estate, the Law Office of Scott P. Callahan, P.C. and Woodco Fund Management.

Berripop will open a 1,540-sq.-ft. frozen yogurt shop in September, Fit N Fresh will open a 2,000-sq.-ft. specialty food store in mid-October, and Otto’s Barbecue and Hamburgers will open a new, 2,648-sq.-ft. restaurant called Otto’s Deluxe Grille in late October.

Paper Lane Stationery and Gifts too! will open a 1,475-sq.-ft. in late September.

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REAL ESTATE

Inland signs new leases in Vernon Hills and Buffalo Grove, Ill.

BY CSA STAFF

Oak Brook, Ill. Inland Real Estate Corp. has announced the signing of 21,332 sq. ft. of new leases at three suburban shopping centers.

The new leasing activity includes a 14,826-sq.-ft. lease with Discovery Clothing, a value-priced clothing retailer for women and juniors, at the Rivertree Court shopping center, in Vernon Hills, Ill.

At Hawthorn Village Commons, in Vernon Hills, Salon GC signed a 1,609-sq.-ft. lease. European Gourmet Restaurant also leased 2,000 sq. ft. at Hawthorn Village Commons. At Woodland Commons, located in Buffalo Grove, Stilettos signed a 1,653-sq.-ft. lease. Papa John’s Pizza also recently leased 1,244 sq. ft. at Woodland Commons.

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REAL ESTATE

Tri-Land sells Blue Springs Market to Hy-Vee

BY CSA STAFF

Blue Springs, Mo. Westchester, Ill.-based Tri-land Properties announced that the company sold its Blue Springs Market project to grocery retailer Hy-Vee.

The 84,146-sq.-ft. space was previously a Kmart. Hy-Vee will retrofit the existing building to fit the corporate floor plan.

The transaction closed on Aug. 26.

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