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Local College Snaps Up Former Rite Aid in BarstowProgressive Real Estate Partners represented a Southern California real estate developer in the sale of a 17,272-square-foot freestanding retail building located at 1380 Barstow Rd. in Barstow for $2.
Spirit Halloween Inks Seasonal Lease for 10K SF in MedfordThe Hamilton Company has leased approximately 10,000 square feet to Sprit Halloween at 55 Riverside Ave. in Medford, MA, which formerly housed a CVS.
Walmart Buys Westlake Site for 188K-SF StoreA Westlake homebuilder sold a 24-acre site to Walmart for $11.68 million. The company plans to build an 188,779-square-foot superstore that will include a pharmacy, garden center, automotive center and gas station. Minto was the seller.
ARCTRUST Acquires Seven Triple-Net Properties for DST OfferingARCTRUST Private Capital acquired a seven-property, single-tenant net lease portfolio comprised of two Pinnacle Bank locations, three CVS Pharmacy locations and two NAPA Auto Parts locations across six states.
Axiom Retail’s Lea Clay Park On Flattening Rents, Filling Shuttered DrugstoresRetail real estate was palpably confident at ICSC Las Vegas thanks to scarce space, limited construction and steady tenant demand. Nationally, CoStar warned that low availability is now the sector’s modus operandi rather than a temporary post-pandemic trend.
Representative imageBoulder Group Negotiates $4.7M Sale of Retail Building in Corinth, TexasCORINTH, TEXAS — The Boulder Group, a brokerage firm specializing in net-lease deals, has negotiated the $4.7 million sale of a 12,983-square-foot retail building in Corinth, located north of the metroplex in Denton County. CVS occupies the building at 1101 FM 2181.
Representative imageBrooklyn Heights Walgreens to Become High-Rise After $30M SaleRogers Equities has purchased 120 Court Street in Brooklyn Heights from the Sorkin family for $30 million to use as a mixed-use development site, Commercial Observer has learned.
Boulder Group Arranges $5.3M Sale of CVS-Occupied Retail Property in ChicagoCHICAGO — The Boulder Group has arranged the $5.3 million sale of a single-tenant retail property net leased to CVS in Chicago. Constructed in 2002, the 15,414-square-foot building is located at 3951 W. 103rd St.
Representative imageBill Foose Co. Arranges Sale of 13,000 SF Retail Building in Duncanville, TexasDUNCANVILLE, TEXAS — Locally based brokerage firm Bill Foose Co. has arranged the sale of a 13,000-square-foot retail building in Duncanville, located south of Dallas, that was formerly occupied by CVS. According to LoopNet Inc., the building at 615 S.
MultiCare Acquires Former Rite Aid Site in RentonMultiCare Health System, an organization that provides hospital, clinic, and urgent care health care services across Washington state, has purchased a former Rite Aid at 3116 NE Sunset Blvd. in Renton for $7.3 million.
The Non-Dismal Future of Shuttered Retail PharmaciesWalgreens, CVS, and Rite Aid have been closing locations since 2022, with hundreds more scheduled to be shuttered in 2026. The question becomes, what happens to all of that space?
Marcus & Millichap Brokers Sale of Missouri CVS PropertyMarcus & Millichap has arranged the sale of a net-leased CVS Pharmacy property located in O’Fallon, Missouri, for $2.975 million.
AutoZone Leases 8,000 SF Former Rite Aid Store in Buchanan, MichiganBUCHANAN, MICH. — AutoZone has leased an 8,000-square-foot former Rite Aid store located at 715 E. Front St. in Buchanan within southwest Michigan. Construction is underway at the building.