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Its First Cafe in City’s CBD
BOSTON, December 19, 2012 — Panera Bread has signed a long term lease for its first bakery-café in Hartford. The restaurant will be at street level on Main Street of State House Square, a premier 844,000-square-foot Class A office complex in the heart of the city’s Central Business District.Jones Lang LaSalle Executive Vice President Shawn McMahon represented State House Square ownership, a subsidiary of FBE Limited and Cammeby’s International, in this long term 4,600-square-foot lease. Panera was represented by Harmon Lewis of National Commercial Brokers, Inc. The opening is scheduled for early spring 2013.“Our new State House Square bakery-café will be our 15th Connecticut bakery-café and our first in downtown Hartford,” said Tom Howley, a partner in the Howley Bread Group, a Panera Bread franchisee serving Connecticut, Rhode Island and southeast Massachusetts. “We are very excited to join the other great tenants at State House Square, and to become part of the growing vibrancy of Hartford’s central business, retail and residential community.”According to FBE Limited Vice President Dovy Fruchthandler: “We are thrilled to welcome Panera Bread to State House Square and add them to our list of quality national retail and office tenants. This reaffirms/is further evidence of the great momentum occurring throughout this revitalized, expanding part of the city.”Located in the heart of Hartford’s Central Business District, State House Square is a Class A business and retail center consisting of: two contemporary office towers, a food court with numerous restaurants and eateries, a 50,000-square-foot health and fitness club, three banks with ATMs, a full service US Post Office, shared conference center, Morton’s Steakhouse, and a 450-space parking garage. Office tenants include Travelers Insurance Company, UBS Realty, Pullman & Comley, Axinn Veltrop & Harkrider, and Berkshire Bank.Panera is joining a vibrant mix of retailers in State House Square that includes: Morton’s, Bank of America, Wells Fargo, Moe’s Southwest Grill, Dunkin’ Donuts, Surf City, and Mooyah Burger. State House Square is approximately 92% leased. There is currently only one remaining 3,000-square-foot retail street retail suite, two food court suites, and 50,000 square feet of office space available.“Panera Bread’s lease provides further proof that the Hartford CBD is in the midst of a revival. Panera will attract customers from the thousands of CBD employees, the existing and growing residential base, and the expanding higher education student population from the University of Connecticut, University of Hartford, Saint Joseph’s College, and Capitol Community College,” said Jones Lang LaSalle’s McMahon. “Panera Bread’s lease also reconfirms that State House Square is Hartford’s finest restaurant and banking destination.”About Panera Bread Panera Bread offers a variety of menu items -- including fresh-baked breads, pastries and bagels, breakfast sandwiches, creative lunch and dinner sandwiches, hand-tossed salads, homemade soups and a variety of coffee and smoothie beverages. Panera Bread also caters and delivers its full menu for any occasion at the home or office. For a Panera Catering menu and more, please visit your local bakery-café or www.paneracatering.com.About Jones Lang LaSalleJones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47 billion of assets under management. For further information, please visit www.joneslanglasalle.com.
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