Wednesday, March 20, 2013

Ackerman & Co. Announces Sale of Net-Leased Walgreens in Panama City, FL for $4.7 Million


  
Walgreens, Panama City, FL
Atlanta, GA – Ackerman & Co. has brokered the sale of a 14,820-square-foot, single-tenant, net-leased Walgreens in Panama City, Fla. for $4,660,000.

The Panama City Walgreens, built in 2006, is located at a highly traveled corner site in the Callaway submarket. The sale included the assumption of the existing CMBS mortgage. 


Jason Powell
The Ackerman & Co. investment sales team of Jason Powell and Andrew Murphy represented the seller, a private investor out of Los Angeles, California, in the transaction. The property was purchased by an affiliate of Moinpour Investments, LLC based in Santa Monica, Calif.   

For a complete copy of the company’s news release, please contact:

Fara Wilson,
VP of Marketing
770. 913.3904 

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