DERRY, NH - NAI Norwood Group is pleased to
announce that Panera Bread Company has entered into a lease agreement for a
4,100 +/- SF free standing building with drive thru at the retail development project "Pinkerton Place" in Derry, New Hampshire. Pinkerton Place,
located at 19 Manchester Road, has received full approvals for 49,000 +/- SF 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 Route 28 (Manchester Road) and Ashleigh Drive in front of a
new Wal-Mart Supercenter, scheduled for completion in 2012.
Brian O'Brien and Chris McMahon of NAI
Norwood Group's Portsmouth, New Hampshire office represented the Landlord,
Boomer Wolf, LLC in this 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 available retail space
available at Pinkerton Place.
NAI Norwood Group
is an affiliate of NAI Global, the world’s leading managed network of
independently owned commercial real estate brokerage firms. Through this network of 355 offices in 55
countries, NAI Norwood Group is able to leverage their strong local experience
around the world. With our extensive background and strong local contacts, we
are able to assist individual corporations in negotiating leases, sales,
business brokerage, investments, relocation, site selection and development. For
more information please visit www.nainorwoodgroup.com. Or contact one of our offices: 116 South River Road, Bedford, NH
03110, (603) 668-7000 or 100 Market Street Suite 200, Portsmouth, NH 03801 (603)
431-3001.