According to NAI Norwood Group, Panera Bread Company has entered into a lease agreement for a 4,100 s/f free standing building with drive thru at the retail development project Pinkerton Place. Pinkerton Place has received full approvals for 49,000 s/f of retail space on approximately 8.5 acres and is currently under construction. According to construction manager, Randall LaClaire, Panera Bread should be open for business this summer.
Pinkerton Place is a well located retail project at the corner of Rte. 28 (Manchester Rd.) and Ashleigh Dr. in front of a new Wal-Mart Supercenter, scheduled for completion this year.
Brian O'Brien and Chris McMahon of NAI Norwood Group's Portsmouth office represented the landlord, Boomer Wolf, LLC in the transaction. Harmon Lewis of National Commercial Brokers represented PR Restaurants, LLC, a franchisee of Panera Bread Company. NAI Norwood Group is the exclusive broker for the remaining retail space at Pinkerton Place.