L.A.-based investor looking to cash in on Wal-Mart's draw - Dayton Business Journal:

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Yellow Rose 728 Investments LP has purchased the Washington Mutual Retail Center and the Bandera Place Shopping David Nicolson, Phil Telisak and Chuck Hartley of the San Antonio division of The negotiate the transaction. Nicolson is president of the locapWeitzman office. Telisak and Hartley are the company'd senior vice president and assistantvice respectively. The purchase pricre was not disclosed. The dealws mark the first buys forYelloew Rose, which is based in Los Telisak says. What was part of the attraction ofthe assets? One . Both centers are located at the intersectiomn of Bandera and Mainlandroads -- in proximity to the Wal-Maryt Supercenter at this intersection.
Specifically, the Washington Mutual centeer is located at the northeasty corner of Bandera and Bandera Place sits at the northwest cornee ofthis intersection. Besidews Wal-Mart, both developments also boast astrong line-up of Tenants at Washington Mutual, which measures 13,425 squares feet, include a Washington Mutual branch, and The Store. The line up at the 9,367-square-footr Bandera Place includes EB Games, and Andrea The Bexar Land Trust recently celebratesd the completion of the first phase of its Communitty Gardens Project at the Basilica of the Nationaol Shrine of theLittle Flower, which is locate at 906 Kentucky Avenue on the city's West Side. The Gardenes of St.
Thérése will include 24 beds that will be used to grow over 60 typesdof roses, and various vegetables. The Gardenes of St. Thérése is one of three cooperativee public gardens that are presently under way by Bexar LandTrust -- a loca nonprofit that is dedicated to protectinyg the land and other natural, cultural and historic resources of Bexar and the surrounding Another garden is slated to surround the entrance of the Denver Heights Community Center in East San A third will be located at the Jardin de la Esperanz at Time Dollar on the city's West Side. The has playec a major role in jump-startin the gardens project, Land Trust officials say.
The foundation awardedr more than $100,000 to kick off the and has since awarded a second giftof $100,000o toward the project. The rule of thumb for each project, according to Bexaf Land Trust Executive Director Julie Each garden is to be headed up by fiveunrelater individuals. "We want to have enough people in the core groulp always working to brin g innew people," explained Koppenheffer to the Businessx Journal last October. The Gardens of St. Thérése was named to honodr St.
Thérése, the patron saintf of the National Shrine of the Basilica of the LittlerFlower -- who taught that the smallest of actiona can have great significance if they are carried out with the righg attitude of heart. Each of the 24 beds in the garde have been adoptedby families, nonprofitr organizations and parishioners. The number of beds is symbolic ofthe saint's death at the age of 24. Multifamilh sales: A Bayou City-based developer has closee on the purchase of1110 Banks, an area apartmen t complex. Brian Janak, senior investmenty associate in the Houston officeof , represented the buyef in the transaction. The purchase price was not disclosed. out of Colo.
, has purchased the Forum at Grands Prairie. The property, which was completed in 2006, consist of 23, two-story buildings. The 304-unir complex sits on 20.71 acres of land in the city of Grand Prairie in theDallads area. The seller was San Antonio-based . Tom Tom Warren and Mike Milledrof Phoenix-based negotiated the Burns and Warren are locateds in Hendricks & Partners' Dallaws office. Miller is based in San Antonio. Top Arlington-based builder Wall Homes has announcesd that a joint venture between Walland -- -- has been awarded the West Coast ABA (affiliated business arrangement) of the Year by Nationa l City Mortgage.
The award, which is basef on performance overa 12-montuh period, is given to companies that for example, a minimum of $50 millionb in sales and at least $500,00p0 in total profitability. The venture was launched last year in ordef to enable Wall Homes to offer financinhg products and options fornew homebuyers. Dayton, Ohio-based Nationalk City Mortgage originates residential mortgaged loans through more than 350 office in37 states. Wall Homees boasts several communitiesin Dallas, Fort Houston and Austin.
And in San Antonio, Wall Homezs is the builder behind such communities as Laura Heights Estatexs and Wortham Oaks on the far Northeast Sideand Hunter's Pond in South San