Pharma Property Group Closes a California Drugstore
“PPG had an exclusively listed drugstore in the Bay Area and closed the property with a Southern California investment group. This transaction shows that there is no stronger buyer pool in the country than California. California based investors own close to 30% of all drugstores nationally and own over 75% of all drugstores in the state of California. It is a huge advantage that Pharma Property Group is based in California. We have been cultivating our relationships with the California buyer pool over the last decade allowing us to provide our clients with deep rooted access to California capital,” explained Jason Pongsrikul, Managing Principal of Pharma Property Group.
Based in San Diego, California, Pharma Property Group (www.pharmapropertygroup.com) was founded in 2012 by Jason Stuart Pongsrikul who has closed over $1 Billion in net leased commercial properties throughout the country during the last decade.
Pharma Property Group (PPG) specializes in providing commercial real estate services to landlords who own properties occupied by Walgreens, CVS and Rite Aid. Pharma Property Group is now one of the top brokerage firms in the country in drugstore property closing volume and has an unparalleled drugstore marketing platform providing access to the largest pool of drugstore landlords in the nation.
Pharma Property Group
5328 Banks Street Suite B
San Diego, CA 92110
Office: (619) 297-0055