press releaseainbinder.com/wp-content/uploads/crofinal.pdf · the ainbinder company recently...

TheAinbinderCompanyrecentlycommencedamajorrenovationofTheCentreatRiverOakslocatedattheintersectionofKirbyDriveandWestAlabamainHouston,Texas,TheCentreatRiverOaksislocatedintheheartofoneofthemostaffluentareasofHouston.Thel00,000squarefootmixeduseprojectcontainsapproximately50,000squarefeetofspecialtyretail,25,000squarefeetofboutiqueofficeand25,000squarefeetofmedicaloffice. AccordingtoBartDuckworth,PresidentofTheAinbinderCompany,“ThemajorrenovationwasrequiredfollowingthebankruptcyofBordersBooksandMusic.WewerefortunatetofindtwoqualitytenantstotaketheentirespacebutthisrequiredustodividethetwostoryspaceformerlyoccupiedbyBorders.UltaBeautyisleasingthefirstfloorspace(9,500sq.ft.)andTexasChildren’sPediatricAssociatesandTexasChildren’sHospitalisleasingtheentiresecondlevel(25,000sq.ft.).”UltaisprojectedtoopeninOctober,2012andTexasChildren’sHospitalwillopeninMarch2013.InadditionPesceRestaurantisbeingreplacedbyBrioTuscanGrille.BriohassignificantlyremodeledthespacetoachievetheirsignaturelookandisscheduledtoopeninmidAugust,2012.Mr.EdJamesandMr.LanceGilliamofUCRMoodyRambinPagerepresentedTheAinbinderCompanyinallofthesetransactionsWhileMr.JasonBakerofBakerKatzrepresentedTexasChildren’sHospital,Mr.DeanLaneofNewQuestPropertiesrepresentedUltaBeautyandMr.NickHernandezofTranswesternrepresentedBrioTuscanGrille.AnumberofspecialtyretailerscontinuetooperateinthecentersuchasNortonDitto,Fleming’sSteakhouseandWineBar,Muse,TheTastingRoom,TheAnti-quarium,PearleVision,TheLashCompanyandJPMorganChaseBank. TheAinbinderCompanyisaHoustonbasedrealestatefirmspecializingintheacquisition,developmentandredevelopmentofretailrealestatethroughouttheUnitedStates.

July24,2012

THE AINBINDER COMPANY ANNOUNCES MAJOR RENOVATION OF THE CENTRE AT RIVER OAKS

Press ReleaseFor Immediate Release

For Additional Information: Mr. Bart Duckworth, President, The Ainbinder Company 2415 West Alabama, Suite 205, Houston, Texas 77098 (713) 892-5600; bld@ainbinder.com