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Press
August 31, 2007
The Silver Group completes the Sale of a Walgreens Drugstore in Houston, Texas
Barry Silver has sold a Walgreens Drugstore located in northwest Houston for $2,400,000. Walgreens had 7 years left on the original 20 year term. Silver sold this property originally in 1994, and was retained to resell the property. The Seller moved his equity into a new single tenant property with a 25 year term. The Buyer was from Southern California and wanted the credit of Walgreens.
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