31 Jul 2019
Austin, TX – Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate company, has secured a corporate location for Gyu-Kaku in Austin, TX. Consisting of nearly 4,000 square feet of endcap space, the new location in East Austin is embedded within Plaza Saltillo, a 10-acre mixed-use development between East Fourth & East Fifth Street. Spearheading Gyu-Kau’s national growth strategy are Michael Pakravan, SVP & National Director of Retail Leasing of Matthews™ and Nick Day, an Associate for Matthews™.
“Gyu Kaku has had major success in the Dallas and Houston markets, with already six successful stores in the state of Texas,” said Michael Pakravan. “Given Austin’s continued growth and development, it was only a matter of time before we secured our first location, which should be first of many more to come,” continued Pakravan.
With its first location in Austin, TX. Gyu-Kaku joins retail tenants like Whole Foods, Target, Hopdoddy, and Chuy’s, Club Pilates, Orange Theory Fitness and more. Earlier this year, it was announced Google will be occupying seven stories and 150,000 square feet of creative office space in the development. Plaza Satillo will also feature 800 multifamily units and a robust amount of additional retail.
“Michele Gary of Endeavor Real Estate Group represented the owner and was a pleasure to work. Michele and the entire ownership group shared a love for Gyu-Kaku and saw the importance of adding a seasoned and experience-based restaurant to their project, making the transaction a smooth process, “ said Nick Day. Scheduled to open in 2020, this new East Austin location is a big step in Gyu-Kaku’s national business growth in the United States. “We are excited to be a part of the growth of Austin in one of the largest projects in the city,” continued Nick Day. “Plaza Satillo brings in some longtime neighborhood shops, accompanied by a strong national presence. We wanted to position Gyu-Kaku in a dynamic Austin setting that complements and captures the remarkable culture and energy of the city.”
Gyu-Kaku is seeking more locations around the U.S. in Orlando, Tampa, Atlanta, Charlotte, Raleigh, Columbus, Cincinnati, Minneapolis, Denver, Austin, Houston, San Antonio, Scottsdale, Seattle, San Francisco, San Jose, Mountain View, Palo Alto, Los Angeles, Orange County, Waikiki.
Matthews™ Retail Leasing Division represents top tenants like Jersey Mikes, Silverlake Ramen, Xponential Fitness, Doghaus, Hummus and Pita, Nekter Juice, and Yoshinoya to name a few. For tenant requirements or more information regarding this opportunity, please reach out to Michael Pakravan or Nick Day.