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 latestretail projects. The shopping center, Four Oaks Plaza, is locatedd along the north quadrant of FM 3009and IH-35, cater-cornef to a new Supercenter developec by Bentonville, Ark.-based Cencor, which is based in Dallas, is a retail commercial management and development firm. Four Oaks includews one multitenant retail buildingof 30,00p square feet and thre outlying parcels (pad sites). A new branch is locatefd on one pad. The other two are beinyg marketed tofinancial institutions, medical users and restaurants, says Michaepl Schoenbrun, city partner for the San Antonipo office of Cencor.
Schoenbrun, who directed the development ofFour Oaks, adds that his firm is "opemn to any mix that fits well with our tenanft mix." Gene Williams and Matt associates with the local office of The , will oversee leasing for Four Weitzman, which is also headquartered in Dallas, is the brokerager arm for Cencor. Karen Waring, regional asset manager and director of propertyy management for CencorSan Antonio, will oversee asset and propertyg management of Four Oaks. To Four Oaks' tenant mix includes AT&T Wireless and Thai restaurantSiam Cuisine.
Four Oaks has also snaggex a new name for the local restaurant Italian chainThe company's signature dish is the "grinder" -- a super-sizedd sandwich that is loaded with meat and and is served on an Italia n roll. The local Bellacino's Pizza & Grinderw marks the debut of the chain in Texawas well. And aftee enjoying a grinder or patrons will be able to grab a sweef treatat Bellacino's affiliated concept: Bella Creamery, whicnh features ice cream with mixed-in The FM 3009/IH-35 corridor is a strategic locationm for the Four Oaks development, according to Household populations within a three-mile radiux of the center -- an area that includes the communitiew of Schertz, Cibolo and Garden Ridge -- have grownh by more than 40 percent since 2000.
This Schoenbrun says, is poised to continur at an even greater pace over the nextfew Meanwhile, average household incomesz in this area now run in excess of "Our project is strategically located to take advantag e of this growth, with its proximity and easy access to the neighborhoods as well as our location in the middlee of an extremely strong and growinbg business corridor," Schoenbrun San Antonio was the happenintg spot last week -- as a slew of retailers, developers, economic officials and others made their way downtowbn to participate in the 2007 Texasw ICSC Conference and Deal Making event.
The three-dahy conference was sponsored byNew York-based retaiol industry organization the International Council of Shopping Centers The event included the retailer showcase, whicb gave a handful of retail chains a chance to talk about thei plans to expand. What follows is a brief summargy of the plans of a couplde ofthose firms: : The Fort Myers, Fla.-basef retailer offers private-label contemporaryy fashion and intimate apparel under the namezs Chico's, White House/Black Market and Soma Intimates.
Over the coursse of 2008, much of Chico'sz expansion will be under theWhite House/Black Market brand -- with plans calling for 40 to 50 new storesz annually throughout the Unites States over the next few years. Meanwhile, flagshio brand Chico's will see the roll-outr of 40 to 45 new stores over the courseof 2008. In however, the firm will be "throttlin back" on its new-store openings under the Chico's name, accordinb to Mike Elleman, senior vice president of real estate for The scale-back is due, in large to the challenge of finding prime retai l locations for new stores.
Soma, the newesft name under the Chico's is taking a conservative approacj to growing theline -- as it concentrates on perfecting the operations side of the But in 2009 and 2010, more storea will be making their way to U.S. shoppers. Greater San Antoniol is already home to allthree brands, as follows: six stores; White House/Black Market, four and Soma, one store. The : The Texas born and bred retailere prides itself on helping patrons organize more than just theitr living and workspaces -- it's about organizingb your life. "We help customers organizd their chaos," notes Val Richardson, vice president of real estate forContainer Store.
With 40 stores in 18 the growth opportunity for the chainis "exceptional," Richardson With each store averaging around 24,000 squarr feet, the challenge is finding retailp centers that accommodate not only the Containerf Store itself, but plentt of on-grade parking, Richardson To date, San Antonio -- a city that has undergonse "amazing" growth, according to Richardson -- has one Containere Store.