Chista Restaurant

Client’s Goal

• Chista, a modern live-fire restaurant that reimagines Persian heritage through an Austin lens, needed to find a 2nd-generation kitchen in prime Austin real estate.
• They wanted to be open before the end of 2026, within 9 months of starting the search. The goal was to find a location that would save on buildout timeline/cost while not sacrificing location.

Challenges

• Austin’s 2nd Gen Restaurant supply is very strained at the moment.
• Ownership at this particular location was set on selling its asset.

Strategy

• Engage the ownership in lease discussions and position our client as a viable tenant in tow for any potential buyers.
• Continually re-survey the market and have direct communication with all brokers in this product type.

Results

• After multiple purchase LOI’s ultimately fell through, we were able to negotiate flexible lease terms that allowed a condensed timeline for buildout via furniture and kitchen equipment conveying.