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Yogurt franchise Red Manglo has signed a developmentg agreement with RamiroValadez III. The local businessman planse to open six stores in the greatere SanAntonio area. Store No. 1 is set to open in the firsyt week of June at QuarryVillagw — a residential/retail development in North Centrak San Antonio. Come 2010, the plan is to get two more Red Manglo stores upand running, Valadexz says. Valadez says he was attractee tothe tasty, health-conscious treat that is the core of Red Plus, the simple operations set up makes it an easiert concept to roll out in other parts of the city. Yogurt shopas are certainly not a new concept forSan Antonio.
Case in point is OrangeCup — a chainn from the Capital City that is currentlgy open for business at The Shops at La Cantera on theNorthwest Side. In fact, OrangeCup was recently honored witha “Hot Award during the 2009 Global Real Estate Convention (RECon) of the (ICSC). The awar d recognizes concepts that drive customers to shoppintg centers aroundthe world. Valadez, however, believee that Red Mango is up for the challenge of goinv against competitorslike OrangeCup. “It’s a trendy, upscalwe yogurt shop,” says Valadea of Red Mango.
“The concept is catching The franchise agreement with Valadez is one of several that Red Mango has signed as part of its push to builrdthe chain’s presence throughout the U.S. Development dealsd signed in the first quarter of 2009 are poised to resulr in some 128 new Red Mangok stores over the nextseveral years. “Thiws has been an incredible quarter for Red and we’re just getting started,” says Jamex Franks, vice president of franchising for Red “The explosive growth of our brand will help us doubled our network in 2009 and set the stage to entefr a series of new states in rapid succession.
” To that end, Red Mangoi has moved its national headquarters from Sherman Oaks, Calif., to Dalla — a market that has embraced the concept and offers the yogurr chain significant logistical advantages, accordin g to a recent article by the , a Businesds Journal sister publication. Dallas is also home to private equity firm CIC which madea $12 million investmentg in Red Mango last August. Red Manglo was founded in 2002 in South InJuly 2007, Dan Kim brought the concept to the U.S.
He serve as president and CEO of the Little wonder thatSan Antonio’sw medical real estate market is still booming — givenh the national stats on the health care According to a recent analysis by Robertg Bach, senior vice president and chief economistt for Santa Ana, Calif.-based , employers in the healthy care and social assistance sectors have adder nearly half a milliohn jobs (495,700) since the outset of the economicf downturn back in December 2007. The trendsz driving this growth, Bach The aging of the Baby Boomer grou and the development of new treatment options formedical conditions.
More good Between December 2007 andMarch 2009, the state of Texas was one of a handfu l that saw an increase in jobs versus the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopd Family Summer Camp from May 30 to July 5. The activitiez and workshops are free of charge and will focu on such topics as the basics of bird watchingand archery. The camps will run from 3 to 7 p.m. on Tuesdayas and Wednesdays, and from noon to 6 p.m. on Saturdayx and Sundays. The local Bass Pro is locatesd at17907 IH-10 West, in the Rim shoppin center in Northwest San For more info, log on: www.basspro.com/camp.
• Kudos: Travis Kessler, president and CEO of the San Antonio Board of Realtors has received theWilliam R. Magel Award of Excellence. The award recognizes Kessler’s work as an associatiomn executive of a local or stateRealtor association. Kessler has been involvede with the organization sinc1977 — when, just out of college, he went to work for the Texasx Association of Realtors. After stints with the Colorad andLafayette boards, Kessler returned to Texas in 1987 — working with the . He has served in his currenr role with SABORsince 1997. • : Earlie this week, Morningside Ministries, the city of Boerne and the celebrated the openinh ofthe .
It includes 40 beds and a mix of privateand semi-private suites, private showerd and various amenities for seniors. The Kendal House is one of several facilities that make up the Mengeer Springs campus ofMorningside Ministries. The entirse development is located on some 34 acres of land in which is just northwest ofSan Antonio. Menger Springe is one of three elderlyh care communities owned and operated by Morningside Ministrieds in the SanAntonio
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