STANLEY KORSHAK RENEWS LEASE FOR RETAIL SPACE IN THE CRESCENT

DALLAS, June 22, 2022 – Crescent Real Estate LLC renews a 55,345 square-foot lease at The Crescent® with Stanley Korshak, Dallas’ independent specialty emporium that pampers customers with high-quality service and merchandise. Stanley Korshak has anchored The Crescent’s prestigious retail space since opening in 1986, providing customers a luxury retail experience in Uptown Dallas. The Crescent also features three connected office towers surrounded by retail and the Hotel Crescent Court.

The lease renewal is for 15 years and includes updates to Stanley Korshak, located on the first and second floors of The Crescent Atrium. Steve Lieberman of the Retail Connection represented Stanley Korshak. John Zogg, Tony Click and Jordyn Allen represented The Crescent.

“This is a meaningful lease renewal for The Crescent, Crescent Real Estate, and me personally,” said John Goff, Chairman of Crescent Real Estate. “Stanley Korshak is an important part of the history of Uptown Dallas, providing luxury shopping to The Crescent that continues to attract affluent clientele. Caroline Rose Hunt was an amazing partner who played a key role in establishing the vision of how The Crescent would revitalize Uptown Dallas. Crawford Brock has respectfully continued that stewardship and our partnership in advancing Uptown.”

Crawford Brock has owned Stanley Korshak since 2002, purchasing the company from oil heiress Caroline Rose Hunt. Hunt hand-picked Brock to manage the business in 1987.

“We are pleased to remain at one of the most magnificent office and retail locations in the United States. We value our strong vendor partnerships and greatly appreciate our loyal customers in Dallas and around the world,” said Brock.

Brock acknowledged the growth and vitality of Uptown Dallas. “The buzz and the excitement of Uptown as a fashionable entertainment and retail neighborhood fits with our approach to provide an extraordinary shopping experience. We are proud to have been a part of Uptown from its beginning and thrilled that Stanley Korshak will continue to be in Uptown Dallas and at The Crescent with an improved space to serve our clientele for years to come.”