Jacobs of Glickman Kovago and Co. leases 4,000 s/f to Panera Bread
Michael Jacobs, principal of Glickman Kovago and Company, recently completed a lease for a new Panera Bread restaurant at 120 Gold Star Blvd.
The restaurant will be located in the former Dodge dealership building at the entrance to Home Depot and will have a 4,000 s/f layout and 100 parking spaces. The restaurant is slated to open in the first quarter of 2010.
The building has an additional 3,000 s/f of adjacent space available for lease. Jacobs represented the property owner, Charles Ribakoff II. Harmon Lewis of National Commercial Brokers of Needham represented the lessee, PR Restaurants, LLC - franchisee of Panera Bread Company.
North Reading, MA Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $11,288,032. Bob Horvath, Todd Tremblay, Jack Laurendeau and Ryan O’Rourke of Horvath & Tremblay have completed the sale of a Walgreens in North Reading.
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.