Johns of Glickman Kovago & Company sells laundromat business for $199,900
Jenn-Exis LLC of Worcester purchased Tatnuck Laundry and Dry Cleaners for $199,900. Jenn-Exis will occupy the 2,000 s/f laundromat business at 644 Chandler. It will continue to offer coin opp, wash fold and dry services, dry cleaning and tailoring.
Mark Johns, vice president of Glickman Kovago & Co., represented both sides in the business sale transaction.
Westport, CT Saugatuck Commercial Real Estate (SCRE)completed the leasing of the boutique retail suite at 24 Taylor Place to medical aesthetics brand JECT. This highly anticipated location marks JECT’s official debut in the Connecticut 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.