FOR IMMEDIATE RELEASE
March 31, 2015
Contact: Brent Mann, Vista Private Equity Group, (281) 560-7375, email@example.com
Vista Equities Group and Vista Private Equity Group are pleased to announce construction of a build-to-suit Academy Sports + Outdoors in Terre Haute, Indiana
Vista Equities Group and Vista Private Equity Group have closed on an 11.09 acre tract of land on the Northeast Corner of US Highway 41 and Springhill Drive in Terre Haute, Indiana. Academy Sports + Outdoors will anchor the 125,000 square foot development, Honey Creek Marketplace, with a 62,943 square foot store. In addition to Academy, the center will include a 6,000 square foot multi-tenant building and additional anchor tenants to be announced. Construction will start on the center in the spring of 2015 with Academy scheduled to open in November of 2015. The project is in the main retail corridor of Terre Haute with many national and regional retail tenants and restaurants in the immediate vicinity.
In addition to being home to Indiana State University, Terre Haute’s geographic location allows its residents to enjoy activities such as fishing, camping, and hunting which will fuel demand for products sold by Academy.
About Academy Sports + Outdoors
Academy Sports + Outdoors is a premier sports, outdoor and lifestyle retailer with a broad assortment of high quality hunting, fishing and camping equipment and gear along with sports and leisure products, footwear, apparel and much more. The Texas-based company operates over 185 stores throughout Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, Oklahoma, South Carolina, Tennessee and Texas. The Academy philosophy is to deliver an unparalleled shopping experience by providing convenience, offering a broad selection of quality products, delivering exceptional customer service and selling the right stuff at everyday low prices. For more information about Academy Sports + Outdoors visit academy.com.
About Vista Private Equity Group
Founded in 2006, Vista Private Equity Group (www.vistagroupllp.com) is focused on the development of new properties and the acquisition of existing income-producing properties. In addition, it seeks to make investments in private companies within the smaller end of the middle market. Vista’s core investment focus is providing equity capital to support these types of businesses when they face a critical “transition” point – primarily ownership transitions or transformative growth initiatives.
About Vista Equities Group
Vista Equities Group is part of the Vista Companies, a Houston‐based real estate services group led by longtime developer, Woody Mann. Vista Equities focuses on the development of new properties and the acquisition of existing income‐producing properties. Vista Equities’ sister firm, Vista Management Company, provides leasing and property management services for third party owners and Vista’s own investment partnerships. The senior development and property management team represents more than eighty‐five years of experience in the Texas real estate market. For more information on the Vista Companies, please visit www.vistahouston.com