Charter Realty signs 1,450 s/f lease with Cobs Bread in Stamford
According to Charter Realty & Development, Peter Levine, the tenant representative for Cobs Bread in Conn., has secured a 1,450 s/f lease for Cobs Bread. Their new location is now open at High Ridge Center, 1057 High Ridge Rd.
COBS Bread is part of one of the most successful franchise bakery networks in the world - Bakers Delight. An Australian-owned company, Bakers Delight has been in operation for more than 30 years, and has more than 700 bakeries across Australia, New Zealand and Canada (where it operates as COBS Bread).
In 2010 and 2012, COBS Bread was presented with the CFA bronze award in recognition of excellence in franchisor/franchisee relationships in the traditional franchises new/emerging category. In 2011 and 2012, COBS Bread received the CFA's inaugural Franchisee's Choice designation - an award based on ratings from current COBS franchisees.
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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.
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.