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News release

HOUSTON, TX

Kiran’s Indian Restaurant Relocates to Kirby Grove in Houston, Texas

JLL arranges 6,500-square-foot retail lease at 2925 Richmond Avenue


HOUSTON, April 11, 2016 – JLL today announced that Kiran’s Indian Restaurant has signed a new retail lease for 6,548 square feet at Kirby Grove, 2925 Richmond Avenue in Houston, Texas. The fine-dining Indian restaurant, known for its imaginative cuisine and award-winning wine list, will bring its renowned fare to the new mixed-use development from its previous Galleria location at 4100 Westheimer Road. Kiran’s is expected to reopen at its new location in the third quarter of this year.

JLL Senior Vice Presidents Don King and Mark Raines represented the tenant in the transaction.

“Kirby Grove is an ideal fit for Kiran’s as the surrounding development will match the restaurant’s reputation for inventiveness, sophistication and hospitality,” said Raines. “The new location will position Kiran’s within what is to be an exciting regional destination, at the center of Houston’s desirable Upper Kirby District.”

Kirby Grove, a Midway development, will combine Class-A office space, dining amenities and high-end lofts to create a premier mixed-use environment. Coupled with the redeveloped Levy Park, Kirby Grove is expected to be a community focal point for the surrounding Upper Kirby neighborhood.

JLL’s retail experts partner with retailers, investors and owner/operators with an extensive team of dedicated experts around the world. They understand the inherent complexities and variability associated with both the retail industry and increasingly complex capital markets. JLL’s specialists are recognized for their independent and expert advice to clients, backed by industry-leading research that delivers maximum value. With leading in-depth knowledge of the local, regional and global market dynamics, JLL aims to truly partner with its clients for the entire lifecycle of an asset or lease. Its experts deliver clients maximum value to support and shape their investment, site selection and brand strategies.   

JLL is the largest third-party retail property manager in the United States with more than 1,000 centers, totaling 125 million square feet under management. The firm has more than 140 retail brokerage experts spanning more than 30 major markets, representing more than 900 retail clients. In 2015, JLL’s retail experts completed transaction management and portfolio optimization on 1,500+ leases, negotiated 500+ leases for retailers and 1,000+ leases for landlords and completed more than $2.7 billion of investment sales, dispositions and financing for investors. For more news, videos and research from JLL’s Retail Group please visit: www.jllretail.com.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.