CRESCENT ADDS FAMILY THAIS ASIAN BISTRO TO WEST END BUILDING
Unique Asian bistro concept provides new restaurant option for West End and offers food and catering services to 208 N. Market
DALLAS, July 24, 2019 – Crescent Real Estate LLC (Crescent) adds Family Thais Asian Bistro, a unique and inspirational restaurant and catering service, to the 208 N. Market building located in the West End District of downtown Dallas. The Asian bistro concept fits with the creative environment of the “brick and timber” buildings in West End.
Established by prominent Dallas restaurant operators Jab Srikaij and husband Tony Street, Family Thais features a full menu of Thai dishes, as well as a bistro fare menu of crepes, waffles, coffee, expresso and tea. Street, who operates Y.O. Ranch Steakhouse and Street’s Fine Chicken, is enthusiastic about the new Asian bistro concept and location in West End.
“There are so many people we will reach with this West End location on the DART line,” said Street. “We will appeal to rail commuters, West End residents and customers in 208 N. Market and nearby buildings.”
Street and his wife, Chef Jab Srikaij, tested the concept for weeks at the Dallas Farmers Market. Chef Srikaij, who was chef at the former Toy’s Café Thai restaurant in Oak Lawn, will run Family Thais Asian Bistro.
“The unique Asian bistro concept complements the modern, comfortable and open office environment that exists at 208 N. Market,” said John Zogg, Managing Director of Crescent. “Family Thais is an exciting new Thai restaurant that will provide our customers a unique dining and catering experience, as well as attract other West End employees and residents, and visitors to nearby entertainment venues.”
Crescent, in partnership with Long Wharf Capital LLC (Long Wharf), has revitalized West End “brick and timber” buildings focused on addressing customer demand for unique and modern creative office space within a highly amenitized and walkable environment. In 2015 and 2016, Crescent and Long Wharf invested in brick and timber buildings located in the West End. The companies currently own 223,000 square feet of creative office space in the West End, having acquired attractive brick and timber properties at 208 N. Market St., 501 Elm St., 211 Record St. and 800 Jackson St., all of which include office and ground-floor retail space and were constructed in the early 1900s.
Earlier this year, Crescent and Long Wharf opened The Luminary – a seven story-office uilding described as “a creative space designed for creatives” in the heart of the Innovation District. The Luminary stands as the tallest building in Dallas’ West End District, embracing the West End’s historic context while providing a modern and creative office space designed to blend with the area’s walkable lifestyle of retail, entertainment and housing opportunities.
Crescent Real Estate LLC (Crescent) is a real estate operating company and investment advisor, founded by Chairman John C. Goff, with assets under management, development, and investment capacity of more than $10 billion. Through the GP Invitation Fund I and the GP Invitation Fund II, the company acquires, develops and operates all real estate asset classes alongside institutional investors and high net worth clients. Crescent’s premier real estate portfolio consists of Class A and creative office, multifamily and hospitality assets located throughout the U.S., including The Ritz-Carlton, Dallas, and the wellness lifestyle leader, Canyon Ranch®. For more information, visit www.crescent.com
ABOUT LONG WHARF CAPITAL LLC
Long Wharf Capital LLC is a Boston-based private equity real estate manager focused exclusively on value-added investments in the U.S. Formed in 2011, the firm invests on behalf of institutional clients including pension funds, endowments, foundations, and family offices. Long Wharf’s investment approach utilizes multiple value creation strategies to target opportunities across property sectors and U.S. markets. Since Long Wharf’s first fund in 2012, the team has invested nearly $690 million of equity in more than 45 investments across the U.S. with a gross value in excess of $2.3 billion. For further information visit www.longwharf.com.