Glickman Kovago sells 1.8 acre site to CVS pharmacy
CVS Pharmacy has leased the 1.8 acre parcel at 44 West Boylston St. from EJR Real Estate Trust. Construction is slated to begin in the fourth quarter of 2007 and the store should open in spring 2008. CVS Caremark, based in Woonsocket, R.I., is one of the nation's premier pharmacy services provider with over 6,200 locations throughout the country.
The transaction was handled by Michael Jacobs and Jim Glickman, both principals of Glickman Kovago & Company.
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
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.