10-Year Lease Backing Pyles' New Ross Spot

[IMGCAP(1)]DALLAS-With nearly two years invested in planning, renowned restaurateur Stephan Pyles and the New York City-based owners of 2100 Ross have inked a 10-year lease to put his newest concept, Samar, into the 843,728-sf Downtown high rise. The 2,800-sf restaurant will be Pyles’ second along Ross Avenue.

Construction begins at the end of this year, with spring 2009 penciled for the grand opening. The lease has been long rumored in brokerage circles, but the concept and the final plan has just been sealed, according to Celeste Fowden, vice president of CB Richard Ellis in Dallas. She, CBRE senior vice president Dennis Barnes and Malcolm Ross, senior director of GVA Cawley in Dallas, represented co-owners Moinian Group and SMA Equities, who bought the 33-story building in April 2007.

Pyles, whose signature restaurant is at 1807 Ross Ave., is taking 2100 Ross’ Olive Street and Ross Avenue corner, leasing space now holding the management office. The keystone location was picked because it abuts a practically ready-to-go outdoor terrace that will be outfitted with 35 seats for customers. Samar’s interior will seat 60.