Pharma Property Group (PPG) Closes a Walgreens Transaction in Chicago, IL
Pharma Property Group (PPG) has sold a Walgreens drugstore located in Chicago, Illinois. Pharma Property Group was the listing broker and also represented the buyer in this transaction.
“PPG was able to assist the buyer successfully identify multiple properties which could work for their exchange requirement and they ultimately decided the Lansing, IL Walgreens as the best over-all investment for their portfolio. PPG was also able to assist the buyer in extending the term of their lease on this drugstore to a full ten year term with Walgreens before closing,” said Nick Price, Senior Vice President at Pharma Property Group. This sale was the final closing of a three property portfolio for which Pharma Property group was the selling agent. Buyer and seller were repeat clients of Pharma Property Group.
Pharma Property Group is a specialized national commercial real estate brokerage firm providing investment services for drugstore landlords who own Walgreens, CVS and Rite Aid properties throughout the nation.
Pharma Property Group
5328 Banks Street Suite B
San Diego, CA 92110
Office: (619) 297-0055