ANNOUNCEMENTS: Vista Starts New Retail Development

FOR IMMEDIATE RELEASE

Houston (June 2, 2023) – Vista Sugar Land III, a real estate investment partnership sponsored by The Vista Companies, has broken ground on a new 8,400 sq. ft. retail center at the corner of U.S. Hwy. 59 and University Blvd. in Sugar Land. The center is 83% pre-leased, prior to the start of construction, with one remaining lease space available. Financing for the new center is being provided by James Coleman with Stellar Bank, and closing of the construction loan was handled by Lesley Mann with Charter Title. The general contractor for the project is United Constructors, and construction management is being overseen by Dana Garnett with Vista Equities Group. Completion of the new property is scheduled for late Q4 of 2023.