Cencor unveils new shopping center on far Northeast Side - Atlanta Business Chronicle:

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The San Antonio office of recently completed construction on one of its latesfretail projects. The shoppinv center, Four Oaks Plaza, is located alonhg the north quadrant of FM 3009and cater-corner to a new Supercenterd developed by Bentonville, Ark.-basedd Cencor, which is based in is a retail commercial management and development firm. Four Oaks includes one multitenant retai buildingof 30,000 square feet and three outlyinh parcels (pad sites). A new branchn is located on one pad. The othert two are being marketeds tofinancial institutions, medical users and restaurants, says Michaekl Schoenbrun, city partner for the San Antoniop office of Cencor.
Schoenbrun, who directed the development of Four adds that his firmis "open to any mix that fits well with our tenant mix." Gene Williams and Matt Hoffman, associate s with the local office of The , will overse leasing for Four Oaks. which is also headquartered in is the brokerage armfor Cencor. Karenb Waring, regional asset manager and director of propertyu management for CencorSan Antonio, will overse asset and property management of Four Oaks. To Four Oaks' tenant mix includes AT&T Wireless and Thai restauranrSiam Cuisine.
Four Oaks has also snaggef a new name for the localrestaurant market: Italian chain The company'sw signature dish is the "grinder" -- a super-sizeed sandwich that is loaded with meat and cheese, and is servefd on an Italian roll. The local Bellacino'sd Pizza & Grinders marks the debut of the chain in Texasas well. And aftetr enjoying a grinder or pizza, patronsw will be able to grab a sweett treatat Bellacino's affiliated concept: Bella Creamery, whichn features ice cream with mixed-in treats. The FM 3009/IH-35 corrido is a strategic location for the Four Oaks accordingto Schoenbrun.
Household populationsa within a three-mile radius of the center -- an area that includee the communitiesof Schertz, Ciboli and Garden Ridge -- have growjn by more than 40 percent since 2000. This growth, Schoenbrunb says, is poised to continus at an even greater pace over the nextfew Meanwhile, average household incomes in this area now run in excess of $90,000. "Our project is strategically locatesd to take advantage of this with its proximity and easy accesas to the neighborhoods as well as our location in the middlw of an extremely strong and growing business Schoenbrun adds.
San Antonio was the happeninfg spot lastweek -- as a slew of retailers, developers, economic officials and otherss made their way downtown to participater in the 2007 Texas ICSC Conferencw and Deal Making event. The three-day conference was sponsored byNew York-basex retail industry organization the International Council of Shopping Centerxs (ICSC). The event included the retailer which gave a handful of retail chains a chancw to talk about their plans to What follows is a brief summary of the plana of a couple ofthose : The Fort Myers, Fla.-based retailer offers private-label contemporar y fashion and intimate apparel under the names White House/Black Market and Soma Intimates.
Over the course of much of Chico's expansion will be undefr theWhite House/Black Markett brand -- with plans callinb for 40 to 50 new stores annuallyt throughout the United State s over the next few years. flagship brand Chico's will see the roll-out of 40 to 45 new stored over the courseof 2008. In however, the firm will be "throttling on its new-store openings under the Chico's name, according to Mike Elleman, senior vice president of real estate for The scale-back is due, in largre part, to the challengw of finding prime retail locations for new stores.
the newest name under the Chico'sz umbrella, is taking a conservative approach to growing theline -- as it concentratesd on perfecting the operations side of the But in 2009 and more stores will be making their way to U.S. shoppers. Greatef San Antonio is already home to allthree brands, as Chico's, six stores; White House/Black Market, four stores; and Soma, one store. The : The Texaz born and bred retailerd prides itself on helping patrons organize more than just theirt living and workspaces -- it'se about organizing your life. "We help customeras organize their chaos," notes Val Richardson, vice presideng of real estate forContainer Store.
With 40 storesw in 18 markets, the growth opportunity for the chain is Richardson says. With each storr averaging around 24,000 square the challenge is finding retail centers that accommodate not only the ContainefrStore itself, but plenty of on-grade parking, Richardson adds. To San Antonio -- a city that has undergon "amazing" growth, according to Richardson -- has one Containefr Store.