Michael Jacobs brokers CVS ground lease

NAI Glickman Kovago & Jacobs’ principal, Michael C. Jacobs, has brokered a ground lease agreement between WCM Enterprises, LLC and CVS Health of Woonsocket, RI for the property located at 362 Main Street, Sturbridge, MA. CVS will build a new 11,900 square foot store on the 1.7 acre site – formerly the long time Piccadilly Pub and more recently, the Bentley Pub II. The site along Route 20, known as the Sturbridge Fairgrounds, was home to the Exhibition Hall originally built in 1868. Construction is expected to commence early October and store slated to open Spring 2017.

CVS Health is the nation’s premier integrated pharmacy services provider with over 6,200 locations throughout the country.

Mike works with CVS throughout Central MA and Metrowest.