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Panera Bread will open an urban flagship store on the ground floor of the Hearst Tower in Midtown Manhattan

Panera Bread Will Open Flagship Store at Hearst Tower 

Cushman & Wakefield arranged a long-term, 2,510-square-foot lease for Panera Bread at Hearst Tower located at 949 Eighth Ave. on the corner of 56th Street. The bakery and fast casual chain will occupy a flagship location on the office tower’s ground floor.  

Cushman & Wakefield’s Sean Moran, Steven Soutendijk and Patrick O’Rourke represented the landlord, Hearst, in the transaction alongside Lou Nowikas, who handled negotiations in-house. RIPCO Real Estate’s Andrew Mandell and Sam Martorella represented Panera.  

“We are incredibly excited to welcome Panera to Hearst Tower,” said Nowikas. “Panera will utilize this space as its urban flagship store. We are confident that Panera will benefit from the ideal location and best-in-class tenant experience that Hearst provides.”


Inside The Story

Cushman & Wakefield's MoranHearst's Nowikas

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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