Company Research Report: August Real Estate Co.

Company Overview

• Name: August Real Estate Co.

• Mission: Creating buildings with modern, luxurious design that blend the urban spirit and historical legacy of Dallas. The company is committed to high quality and authenticity, striving to make long-term investments in the community.

• Founded by: Evan August and Jordan August

• Key People:

• Tom August - Chairman

• Evan August - Co-founder

• Jordan August - Co-founder

• Josh McKibben - Property Manager

• Brandon Baty - Construction Manager

• Lauren O’steen - Leasing Manager

• Headquarters: Dallas, Texas

• Number of Employees: No information is available

• Revenue: No information is available

• Company Known For: Transforming urban buildings that enhance city experiences through co-working spaces and retail designed for community engagement.

Products

Properties

August Real Estate Co. is known for its creative real estate developments in Dallas, including:

1. Continental Gin Building (CGB):

• Description: A historical building in Deep Ellum transformed into an experiential office, retail, and neighborhood destination.

• Key Features:

• Floors dedicated to co-working and move-in ready spec suites.

• Houses CGB Coffee, Tatsu Dallas (sushi restaurant), Tina's Continental (martini lounge), and Culpeper Steakhouse.

2. Lakewood Tower:

• Description: Recently acquired as part of their East Dallas portfolio expansion.

3. Expo Park:

• Description: 17 building acquisitions offering loft apartments and creative office spaces adjacent to Fair Park with approximately 400,000 square feet.

Recent Developments

• Portfolio Expansion:

• Acquisition of 17 buildings near Dallas’ Fair Park, comprising over 400,000 square feet of commercial and residential space, enhancing their exposure and footprint in Dallas.

• New Properties/Partnerships:

• The Continental Gin Building is their cornerstone property with multiple amenities and retail space, creating significant investment in the community.

• Retail Concepts:

• Partnerships with local dining and entertainment businesses such as the opening of Tina's Continental, a small martini bar in Deep Ellum, and Tatsu Dallas, a high-end sushi restaurant.

• Recognition:

• Tatsu Dallas was a semifinalist in the James Beard Awards for the best new restaurant category, highlighting excellence in various operational aspects and community contribution.

• Historic Renovation:

• Continues to restore and preserve historical buildings, contributing to the cultural fabric and architectural heritage of Dallas.

Overall, August Real Estate Co. is strongly positioned within the Dallas market through its focus on preserving historical properties and introducing modern, versatile spaces that bolster the local business environment and community.