Thursday, October 11, 2012

Ackerman & Co. Sells Net-leased Walgreens in Greenville, NC for $5.6 Million



Walgreens, Greenville, NC
 Atlanta, GA, Oct. 11, 2012 – Ackerman & Co. has brokered the sale of a 14,560-square-foot Walgreens in Greenville, NC for $5,625,000. The single-tenant, net-leased transaction included an assumption of the existing CMBS loan.  The Greenville, North Carolina Walgreens, built in 2005, is located on a hard corner within a major retail corridor in Greenville.  


Jason Powell
The Ackerman & Co. investment sales team of Jason Powell and Andrew Murphy represented the seller, a private investor, in the transaction.

The property was purchased by an affiliate of Four Springs Capital Trust (FSCT), a newly formed REIT.  FSCT has acquired over $23MM worth of net-leased properties over the last several months and they are actively seeking net lease acquisition opportunities.  They were represented in-house by William Dioguardi and Coby Johnson. 

 For more information, contact:

Fara Wilson,
VP of Marketing
770. 913.3904  |






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