Pharma Property Group (PPG) Closes a Walgreens in Fort Worth, Texas to Institutional Buyer in 30 Days
Pharma Property Group sold an exclusively listed Walgreens in West Warwick, Rhode Island. This Walgreens offered the buyer an absolute net lease with over 10 years remaining on the initial term.
“Our firm had a 11 year absolute net leased Walgreens exclusively listed and we closed the transaction 30 days from contract execution with an institutional investor. This shows PPG’s ability to facilitate transactions in an expeditious manner and displays our access to institutional capital that is qualified and proven closers in the drugstore property sector,” stated Jason Stuart Pongsrikul, Managing Broker 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 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