Cohen, Jacobs and Kovago of Glickman Kovago handle 2 leases
Glickman Kovago & Co. has brokered two new leases. The first was a lease between Stafford Station and Family Discount Dollar.
The 4,800 s/f retail space, part of the 48,000 s/f Stafford Station, is located at 120 Stafford St. in Worcester. Family Discount Dollar is expanding to four locations with the addition of this store.
David Cohen, vice president at Glickman Kovago, handled the transaction.
Glickman, Kovago also brokered a lease agreement for a 2,200 s/f retail space located at 732 Southbridge St. in Auburn between Southbridge Credit Union and Teree Salon & Spa.
Teree Salon & Spa will be relocating from Oxford, Mass.
732 Southbridge St. is a newly built 7,500 s/f building anchored by Southbridge Credit Union.
Michael Jacobs and Peter Kovago handled the transaction.
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.
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.