FOR IMMEDIATE RELEASE
August 31, 2020
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 THE ACQUISITION OF VISTA CLEAR LAKE
Vista Equities Group and Vista Private Equity Group have announced the acquisition of two retail and office properties totaling 30,061 SF at the intersection of Clear Lake City Boulevard & El Camino Real in Clear Lake. The two properties are 95% leased and include JSC Federal Credit Union, NVA Bay Glen Animal Hospital, and Sukkar Aesthetic Surgery amongst others. James Bell of Marcus & Millichap represented the Seller, Visionary Investors, Ltd, and the closing of the transaction was handled through Lesley Mann of Charter Title Company. Acquisition financing was provided by Jasmine Sadeghpour at Frost Bank.
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