BOSTON—The company as of Oct. 1, 2016 operated 76 restaurants, of which 45 are company operated and 31 are franchised locations. At the end of June, Cosi operated 104 restaurants, 74 company-owned and 30 franchised owned in 15 states, the District of Columbia, the United Arab Emirates and Costa Rica.
BOSTON—The brokerage firm in its MarketWatch report on the Greater Boston markets, says that asking rents in the Financial District and Back Bay are in the low $90s-per-square-foot at some top properties.
NEW YORK CITY—The new hire, who previously worked at Cushman & Wakefield and Newmark Gruff Knight Frank, was brought on as executive managing director/principal.
Dannon is considering embarking on a $30.4-million renovation and construction project at 100 Bloomingdale Road, also known as 1 Maple Ave., at the Source at White Plains.
BOSTON—Vacancy in Boston's Central Business District remained steady at 9.7%, as positive absorption of 644,000 square feet was balanced by 655,000 square feet of new space delivered at 888 Boylston St. and 80 Guest St.
BOSTON—In 2016, Marcus & Millichap expects builders will add 6,500 units to the Greater Boston housing stock, down slightly from the 6,900 units added in 2015
NEW YORK CITY—The Boston-based advisory, restructuring and investment firm has undertaken a “positioning” where all of its owned operating units will now be known as simply “Gordon Brothers.”
NEW YORK CITY—Nemeroff has more than 11 years experience in commercial real estate debt and equity investment. Prior to joining MRC, he served as vice president of acquisitions at The Renatus Group.