REAL ESTATE

New retailers and restaurants to open at LaCenterra

BY Katherine Boccaccio

Katy, Texas — Houston-based Vista Equities Group said that a lineup of new retailers and restaurants will open at its mixed-use development in Katy: LaCenterra at Cinco Ranch.

Three new retailers opened for business in fourth quarter 2012, and six others have plans in place for first and second quarter openings this year. Lease locations include existing retail space in Phase I and in the new Phase II-A, currently under construction.

New retailers and restaurants include Brothers, The Flower Girls, Lavo Collections, The Sweet Boutique, Bonefish Grill, Emmanuel Salon, Grimaldi’s Pizzeria, World of Beer and Zoës Kitchen.

VEG and partner Amstar began construction on LaCenterra’s Phase II-A in October. According to Vista’s VP development, Dana Garnett, the additional 39,000 sq. ft. of retail space and the Willow Fork Drainage District’s Central Green amphitheater will be completed this spring.

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REAL ESTATE

Bayer Properties names VP asset management

BY Katherine Boccaccio

Birmingham, Ala. — Bayer Properties said Tuesday that Scott Laslo has joined the company as VP asset management.

Laslo more recently served as VP/general manager and VP for Forest City Enterprises. His asset management role at Bayer will focus on value creation and oversight of the company’s growing portfolio of over 10 million sq. ft.

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REAL ESTATE

Ross to open at Governor’s Square Mall

BY Katherine Boccaccio

Clarksville, Tenn. — Youngstown, Ohio-based Cafaro Co. said that Ross Dress for Less will open a new store at Governor’s Square Mall, its first in the Clarksville, Tenn., area.

When it opens in the summer of 2013, the new store will occupy more than 31,000 sq. ft. next to Dick’s Sporting Goods.

Governor’s Square Mall comprises over one million sq. ft. of retail space and is anchored by Dillards, Belk, Sears, J.C. Penney, Dick’s Sporting Goods, Target, and Cinema Ten.

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