News: Brokerage

Gelber and Heine of CBRE lease 2,600 s/f to Dos Toros Tacqueria

Eric Gelber, CBRE Eric Gelber, CBRE

New York, NY CBRE Group, Inc. today has represented Equity Office Properties in the 2,600 s/f retail lease for Dos Toros Tacqueria at 114 West 41st St. The store entrance will be located on 40th St. CBRE’s Eric Gelber and Jake Heine represented the landlord in the 15-year deal on the partial ground floor.

“As Equity Office Properties continues to make profound change with all of its upgrades, we are very excited to bring in Dos Toros,” said Gelber, executive vice president. “They will be a great amenity and I believe that with this partnership, the neighborhood will benefit from a wider array of food alternatives.”

“We were very selective in our process and determined that the Dos Toros brand and identity merged perfectly with the capital improvement program and future office occupants we are targeting for the asset,” said Zachary Freeman, vice president of leasing at Equity Office. This will be Dos Toros’ 12th New York City location. The estimated move-in date for the popular Mexican food chain is scheduled for January 2016, with a summer opening.

“Getting into the Bryant Park market is important and exciting for us,” Oliver Kremer, co-founder of Dos Toros, said. “With all of the outdoor space and the local feel, it almost feels like the Union Square of Midtown.”

Dos Toros was represented by Zelnik & Co.’s Adam Langer. The ownership was represented by Zach Freeman and Scott Silverstein of Equity Office.

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