Jacobs of Glickman Kovago & Company signs Kohl's to 68,000 s/f
Mike Jacobs, principal of Glickman Kovago & Company, signed Kohl's Department Store to a long term lease to build a 68,000 s/f store on 7.5 acres at 500 Lincoln St. The former Worcester Hotel & Conference Center is also the site of Aldi's Supermarket - lease also done by Jacobs in 2010. Kohl's construction will commence this spring. Store opening is slated for the 4th quarter 2012.
Lynnfield, MA According to Combined Properties, Inc., Conduent Inc., a leader in document technology and services for more than half a century, has renewed its lease of 164,095 s/f at 66-70 Broadway. The complex has served Conduent and prior affiliates since 1996.
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.