Vista Acquires Two Development Sites

January 21, 2019

Contact: Sandra Hewett
The Vista Companies
(281) 531-5300

Houston (January 21, 2019) – Vista Greenhouse, Ltd., a real-estate investment partnership sponsored
by The Vista Companies, has acquired a 2.5 acre tract at the intersection of Greenhouse and Park Row
in Houston, for the development of a 26,000 sq. ft. specialty retail center to be known as The Plazas at
Greenhouse. Construction is scheduled to begin in January, 2019, with Tribble & Stevens acting as the
General Contractor. The property was acquired from Forresta, Inc., with construction loan financing
being provided by James Coleman with Allegiance Bank. Closing was handled by Lesley Mann of
Charter Title.

Houston (January 21, 2019) – The Vista Companies have acquired a 6.9 acre tract in West Ten
Business Park, a 470 acre master-planned business park, at the intersection of I-10 & Cane Island
Parkway, in Katy for future development. Although development plans were not finalized at the time of
acquisition, according to Brent Mann, Executive Vice President of Vista Equities Group, “with the Cane
Island Parkway interchange providing immediate access to I-10, and with major companies such as Igloo,
Med-Line, Rooms To Go, Amazon, and Bel Furniture located in, or in close proximity to West Ten, we feel
the future development potential for this site is extremely good”. The property was acquired from
Parkside-Stratford/I-10, Ltd., with acquisition financing for the property provided by Anna Pawlik at Frost
Bank and closing at Stewart Title Company.