The Silver Group Negotiates Walgreens Drugstore Sale

The Silver Group announces today the sale of a single tenant property leased to Walgreens Co. (NYSE-WAG) located at 4205 County Road 42 in Savage, Minnesota. The 25-year lease term began in August 2008. The Property consists of a 14,820 sf building on 1 acre of land. The buyer was an east coast family trust who was completing a 1031 exchange by acquiring 2 Walgreens Drugstores. The buyer was repped by Real Estate Tax Strategies. The Seller was the developer. This sale marked the 55th Walgreens Drugstore sold by Barry Silver.