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Falcon Construction Advisors Completes Phase I and II of Promenade at Downey

Former NASA plant and movie studio in Southern California to become major shopping center and entertainment district

Dallas, November 7, 2016 – Dallas-based Falcon Construction Advisors has completed Phase I and II of Promenade at Downey, the high profile redevelopment project in Downey, California, being developed by Alberta Development Partners and Pacific Coast Capital Partners. The 656,000-square foot shopping center and entertainment district was previously the site of a movie studio and a NASA plant that produced and tested many of the 20th century’s greatest aviation, missile and space endeavors such as the Apollo Space Program and the Space Shuttle.

“The Promenade at Downey will pay tribute to its history throughout the property and will provide shoppers with a diverse selection of retail and entertainment tenants – from HomeGoods to Cinemark – that will truly transform this area into an entertainment district,” said David Hurst, President of Falcon Construction Advisors – a division of Falcon Realty Advisors, a national commercial real estate firm specializing exclusively in representation of retail, restaurant and entertainment tenants.

The Promenade at Downey’s entertainment court will offer educational reading stations with themed elements associated with the space program and an interpretive walk honoring space missions, while the Cinemark NextGen theater will feature panels commemorating Downey Studios, which produced movies such as “Iron Man,” “Spider Man” and “Catch Me If You Can” on the site.

“A cornerstone of Falcon’s business is creating a positive impact on the communities we serve, and the Promenade at Downey will not only broaden the area’s access to quality retail options, but is expected to generate more than $4.5 million of revenue to the city annually and create more than 5,000 new jobs once completed,” added Hurst.

With Phase I and II complete, nearly three dozen best-in-class retailers have officially opened their doors, including Walmart, TJ Maxx, HomeGoods, Ulta, Famous Footwear, Dress Barn, Carter’s, Oshkosh, Five Guys, Chipotle, Mod Pizza, California Fish Grill, Benihana, 24 Hour Fitness, Floor & Décor, Cinemark and Lazy Dog. Located southeast of downtown Los Angeles, the Promenade at Downey will also be home to a host of local, regional and national tenants such as Ruby’s Diner, Bar Louie, Skechers, AT&T and Gaucho Grill.

“At Falcon we consistently wear many hats – architects, general contractors, construction managers to developers – allowing us to provide a unique perspective for each of our projects and our role with the Promenade at Downey has been no exception,” said Tim Hughes, President of Falcon Realty Advisors.

Falcon Construction Advisors provides its clients with comprehensive services including construction management, program management, design services, concept development and interior finish outs for both local and national clients across the country. Falcon Construction Advisors provides more than 50 years of diverse, in-depth experience in both Real Estate Construction and Development.

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About Falcon Realty Advisors:

Falcon Realty Advisors is a privately owned commercial real estate company based in North Texas and operating throughout the U.S. that works exclusively with retail, restaurant and entertainment tenants in real estate strategy, construction and development. Since 2001, Falcon has been marrying the big picture with the bottom line through a model of conscious business to enhance the quality of life in the communities we serve. For more information, please visit www.falconcompanies.com.

Media Contact:
Arden Hensarling, Cooper Smith Agency
arden@coopersmithagency.com, (214) 329-9191

Your Pie Expands Into North Texas With First Store

Falcon Realty Advisors selected to lead pizza chain’s development across North Texas

Dallas, September 19, 2016 – Dallas-based Falcon Realty Advisors, a national commercial real estate company that works exclusively with retail, restaurant and entertainment tenants, has been engaged by the local franchisee of Your Pie to advise on the North Texas expansion of its fast-casual pizza franchise. The chain’s first North Texas location is a 3,000-square foot store at 5110 Eldorado Parkway in Frisco, which officially opened September 16. Cal Marsh, Director of National Restaurant Accounts with Falcon Realty Advisors’ Restaurant & Entertainment Group, will continue to lead the search for additional locations across the North Texas area over the next 3 years.

Founded in Athens, Georgia by Drew French in 2008, the quick-fire pizza chain considers itself a pioneer in the fast casual pizza concept that allows customers to customize individual pies by choosing white, wheat or gluten-free crust and a variety of toppings.

“Your Pie remains a leader in the highly competitive fast casual market because of its passion for improving the way people experience pizza in a fast-paced environment, without losing the quality – doughs are always hand-tossed and made from scratch, customized using only the freshest ingredients and ready in four minutes,” said Marsh. “Your Pie has been widely successful across thirteen states and a delicious quick-fire pizza chain is exactly what the North Texas market needs.”

On behalf of Your Pie, Falcon Realty Advisors is seeking 2,500-3,000 square-foot range spaces in middle-income markets across the North Texas area. Locations with corner or shopping center end caps with outside patios, healthy residential densities and high density retail corridors, are preferred. Suitable co-tenants include theaters, coffee shops, specialty grocers and complimentary fast casual users.

Your Pie has 34 locations across thirteen states, with plans to open 11 restaurants by the end of 2016.

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About Falcon Realty Advisors:

Falcon Realty Advisors is a privately owned commercial real estate company based in North Texas and operating throughout the U.S. that works exclusively with retail, restaurant and entertainment tenants in real estate strategy, construction and development. Since 2001, Falcon has been marrying the big picture with the bottom line through a model of conscious business to enhance the quality of life in the communities we serve. For more information, please visit www.falconcompanies.com.

Media Contact:
Arden Hensarling, Cooper Smith Agency
arden@coopersmithagency.com, (214) 329-9191

Falcon Realty Advisors Opens Austin Office

National commercial real estate company expands footprint and further strengthens ties to Central Texas community

Dallas, June 13, 2016 – Falcon Realty Advisors, a Dallas-based commercial real estate company specializing exclusively in representation of retail, restaurant and entertainment tenants for real estate strategy, construction and development, has expanded into Central Texas with the opening of an office in Austin. The opening of the national firm’s Austin office is a result of the tremendous growth of Falcon’s clients in Central Texas over the past several years.

The Austin office will serve as an extension of Falcon’s Dallas headquarters by continuing operations within its highly established tenant representation services and the development of its build-to-suit platform. The Austin branch will also be actively recruiting brokers and new team members.

Travis Heinrichs, who joined Falcon in 2013 and most recently served as Director of Investments, will be heading the new branch as Director. Heinrichs, in addition to leading a growing office, will focus his expertise on site selection, deal underwriting and project development in the greater Austin and San Antonio areas.

“By solidifying a local presence in Austin, Falcon will be better positioned to execute on the substantial opportunities in the area and further strengthen our ties to the community,” said Tim Hughes, president and CEO of Falcon Realty Advisors. “There’s both an art and a science of tenant representation — we have a deep understanding of both as it’s the only thing we do. Travis’ comprehensive understanding of the evolving market makes him perfectly suited to lead our continuous expansion among local and national markets.”

The firm’s impressive portfolio consists of Austin-headquartered Whole Foods and other top retailers throughout the state including Petco, Mattress Firm, Robbins Brothers and iPic Theaters. Falcon also represents flourishing emerging restaurant brands, such as Thirsty Lion Gastropub & Grill, Ted’s Montana Grill, Modern Market, Bulla Gastrobar, Velvet Taco, Whiskey Cake, Pisco y Nazca and 54th Street Grill.

Falcon is a member of Realty Resources, a member-owned retail real estate brokerage group that combines the leading firms from more than 25 cities around the country into one network. Additionally, Falcon has strategic partners in all additional major markets throughout the United States. With its partner offices, Falcon’s clients enjoy the best of both worlds: wide geographical reach with knowledgeable local expertise.

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About Falcon Realty Advisors:

Falcon Realty Advisors is a privately owned commercial real estate company based in North Texas and operating throughout the U.S. that works exclusively with retail, restaurant and entertainment tenants in real estate strategy, construction and development. Since 2001, Falcon has been marrying the big picture with the bottom line through a model of conscious business to enhance the quality of life in the communities we serve. For more information, please visit www.falconcompanies.com.

Media Contact:
Arden Elliott
arden@coopersmithagency.com, (214) 329-9191

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