National Commercial Brokers to represent Panera Bread in Boston
According to Harmon Lewis and Ed Gerwig from National Commercial Brokers, they are now representing Panera Bread Corp. with their expansion within the greater Boston marketplace.
Panera Bread is a publicly traded company which currently has over 1,000 company and franchise owned bakery cafes throughout the U.S. and Canada. Panera is considered to be one of the top fast casual restaurant concepts in the industry.
Panera Bread typically looks for end cap, free standing and store blocks ranging in size from 3,500 s/f to 4,500 s/f plus an outdoor patio area in urban and suburban markets. They have been very successful throughout New England and are committed to continue its growth within this marketplace.
Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.