Jacobs of Glickman Kovago & Company brokers $1.442 million sale for CVS
Glickman Kovago & Company has brokered a $1.442 million land purchase for CVS of Woonsocket, R.I. CVS purchased three properties from Mathieu Ford Sales, Inc., Susan Inferra and Norman and Theresa Sibley.
The three parcels, located at 297 Central St., 57 Maple St., and 36 Linden St., total 1.7 acres, were formerly the Mathieu Ford Dealer and two residential homes.
The land was purchased to build a retail store and pharmacy that will be 13,225 s/f near Winchendon's center. Construction has begun.
Michael Jacobs, principal of Glickman Kovago, is the broker for CVS in Worcester County.
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
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.