Thank you to all the investors that have decided to join our new journey!
The past few weeks have been busy, and we have an update we’re excited to share as we get things ramped up for Avila’s East. We’ve identified a new location that gives us much more favorable lease terms and provides the business with the flexibility to grow into the space we want. It’s 800 sqft larger inside with a much larger patio space, better street visibility, and cheaper rent per sqft. It’s also located in another very well known shopping center in East Dallas called Old Town.
We have submitted an LOI and are expecting to finalize our lease in April. Clearly, this is a critical step in the process. Please note that the finalization of our lease is one of the key closing contingencies required befor