Falcon Realty Advisors has advised Austin-based coffee and cocktail bar on first Dallas location
Dallas, March 20, 2017 – Dallas-based Falcon Realty Advisors has advised Halcyon Coffee Bar + Lounge on a five-year, 3,600-square foot lease for its first location in the concept’s expansion to Dallas. Halcyon Coffee Bar + Lounge has officially opened at 2900 Greenville Avenue, formerly the location of Cafe Brazil for the past ten years. Michael Walters, President of Falcon’s Restaurant & Entertainment Group, and Madison Partners’ Jon Hetzel negotiated the deal.
“It was important to Falcon to understand Halcyon’s vision and find a space that catered to their versatile coffee and cocktail lounge concept, while also capturing the authenticity of their brand,” said Walters. “The location we secured has accomplished that – the building’s architecture has a unique story and the neighborhood surrounding Greenville Avenue is incredibly energetic.”
Founded in 2001 by partners John Long and Kris Hardy, the Austin-based coffee bar and lounge has a location in San Antonio and San Diego.
“We love the lower Greenville community and Halcyon’s coffee shop and cocktail bar fusion concept had yet to exist in the area. Unlike many coffeehouse interiors that are outfitted with dark wood and metal, Halcyon’s design aesthetic is bright and playful,” said Kris Hardy, Co-Owner of Halcyon Coffee Bar + Lounge. “Moving into a new city is exciting and also nerve-racking, but we’re confident our first Dallas store will expand upon the success we’ve been able to achieve in Austin and elsewhere over the last 15 years.”
In addition to Halcyon’s staple menu consisting of coffee, alcoholic beverages, snacks, salads, sandwiches and dessert, the Dallas menu will also feature flatbreads and an expanded brunch menu.
Falcon’s Restaurant and Entertainment Group represents many flourishing emerging brands, such as Grub Burger Bar, Pink Taco, Publico Kitchen & Tap, Modern Market and Bulla Gastrobar. Other clients in Falcon’s impressive portfolio consist of top chain retailers, including Whole Foods, Junior’s Restaurant and Bakery, Freddy’s Frozen Custard & Steakburgers, Twin Peaks and iPic Theaters.
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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.
Arden Hensarling, Cooper Smith Agency