Nidal Balbeisi is closing his struggling Trynd restaurant and bar downtown June 1, announcing in an eblast that he has leased the space to an undisclosed tenant.

“I personally cannot talk about it,” Balbeisi tells ABiz when asked who would be taking over the Vermilion Street venue. A confidentiality agreement prohibits him from disclosing the tenant, Balbeisi says, assuring this reporter he would convey ABiz’s inquiry to the tenant. ABiz will update this story when new information is available.

The beautifully renovated downtown space, a 1916 Masonic Lodge that had most recently operated as Stan’s Restaurant and nightclub, opened to much fanfare and anticipation in late 2010 as an Italian eatery, lounge and upscale nightclub. It was the most ambitious Lafayette project to date for the affable restaurateur, but it never took off.

Balbeisi issued the following in an eblast Thursday morning:

I wanted to take a moment and let you all know that as of June 1st, we are closing Trynd and leasing the building to new tenants for a joint event space/ bar venture.

It has been an incredible year and we have enjoyed the experience with each of you. We were able to build, what I feel, was Lafayette’s finest dining establishment. I loved that it gave me a chance to serve so many of you and be a part of your memories as you celebrated special occasions in our dining room and on our balcony.

While I wish Trynd could continue, my focus must return to Zeus and Agave, as they continue to grow rapidly and franchise opportunities are arising throughout Louisiana and in states throughout the country.

You have always supported my family and our dreams. We are the perfect example of why this city is the amazing place it is and why hard work always creates opportunity.

I look forward to seeing you at our Agave and Zeus locations.

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