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| 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.
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| 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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