REAL ESTATE

Regency Centers announces ground-up development in Houston

BY Staff Writer

Jacksonville, Fla. — Shopping center owner Regency Centers said Thursday that it has launched construction on Southpark at Cinco Ranch, a 260,000-sq.-ft. neighborhood center anchored by Kroger, in Fort Bend County, Houston.

In partnership with Excel Commercial Real Estate, Regency Centers began construction of the center’s first phase on Feb. 20, with anchor openings scheduled for fourth quarter 2012.

Located 32 miles west of downtown Houston, Southpark at Cinco Ranch is the first anchored retail development within Cinco Ranch, one of the nation’s fastest growing master-planned communities. The project’s first phase will include a 101,497-sq.-ft. Kroger and fuel center, a 71,680-sq.-ft. Houston-based sporting goods retailer, 29,920 sq. ft. of small shops and seven outparcels.

Southpark at Cinco Ranch is 72% preleased and will add an additional 57,000 sq. ft. in the second phase.

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Steve Goodyear promoted at Nestlé Nutrition

BY CSA STAFF

NEW YORK — Nestlé Nutrition has promoted Steve Goodyear to VP retail sales for Nestlé Nutrition’s U.S. division.

Goodyear is responsible for leading the U.S. retail sales team that oversees the Nestlé Nutrition product portfolio, including Gerber baby products, PowerBar sports nutrition products, Boost nutritional drinks and Carnation Breakfast Essentials complete nutritional drink. In this leadership position, he will create the vision and establish the strategy for the retail sales organization for Nestlé Nutrition in the United States.

Prior to his new role, Goodyear served as division VP sales at Gerber/Nestlé Nutrition,

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Sam’s Club members get subscription to wellness

BY CSA STAFF

BENTONVILLE, Ark. — Sam’s Club is taking its promotion of health-and-wellness solutions further by launching its own branded, bimonthly magazine.

Sam’ Club said its 8-million member circulation magazine, Healthy Living Made Simple, is the first warehouse club publication solely dedicated to health-and-wellness issues. Topics covered by the publication include items related to personal, child and pet health. Future issues will spotlight local Sam’s Club pharmacists, optometrists and associates, as well as members’ stories, Sam’s Club said.

The company said 7.4 million magazines will be sent to members’ homes, while 600,000 copies will be available in stores.

“At Sam’s Club, we want to build awareness for the benefits of health maintenance and provide wellness solutions for every community we serve,” said Jill Turner-Mitchael, SVP health and wellness for Sam’s Club. “Along with our health and wellness products and the services we offer, such as free health screenings through the year, this magazine takes that partnership to the next level. When we help our members stay healthy, it also helps them reduce their healthcare costs – a big concern in today’s economy.”

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