Taylor Gourmet Comes Back from the Dead in the D.C. Market
It’s a District miracle! Taylor Gourmet, a favorite lunch spot for Washingtonians and daytime professionals wandering the streets at high noon in search of a savory sandwich, shuttered its doors at all 17 locations on September 23, 2018. The abrupt closings sent shockwaves through the fast-casual restaurant industry, leaving many skeptical the cause as Taylor Gourmet seemed to be holding their own.
Since its fateful end last fall, it became abundantly clear that restaurant sales were not the cause of the collapse. Talks of revival came to the forefront under new ownership and Rappaport’s Senior Brokerage Representative, Kyle Gamber, met the new Taylor Gourmet owners to advise them on their D.C. market resurgence. “Bill and I made the case to prospective landlords that the previous Taylor Gourmet store-level sales were strong enough that the new ownership could reopen without skipping a beat,” said Gamber.
Now, less than a year after the company closed its doors, Taylor Gourmet is opening three Washington, D.C. Metropolitan locations: Pike & Rose in North Bethesda, 1750 Pennsylvania Avenue NW, and 1200 19th Street NW. Gamber, alongside Rappaport’s Executive Director of Brokerage, Bill Dickinson, represented Taylor Gourmet in these three transactions. This will be Rappaport’s third finalized lease agreement completed at Pike & Rose, acting as tenant representatives to both Baked Bear and Sephora previously. Beyond these new locations, the new owner hopes to ink an additional five leases in 2020, according to Gamber.
“Other tenants have taken the former Taylor Gourmet spaces, so we are going to start rolling out new locations that were not previously Taylor Gourmet,” comments Gamber. Taylor Gourmet is regaining its grasp on the market, seeking additional restaurant spaces between 1,500 to 2,200 square feet in D.C., Maryland, and Virginia.
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