The Real Deal Miami

Boca firm makes $100M deal for Walgreens buildings

Herrick Co. also paid $190M earlier this year for 44 properties leased to CVS

August 21, 2014 03:45PM

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Wlagreens and CVS

Wlagreens and CVS

Boca Raton-based Herrick Co. picked up 29 properties, all leased to Walgreens pharmacies, for $100 million.

The buildings are in multiple states and each has 25 years remaining on its lease with the pharmacy giant, according to the South Florida Business Journal.

In April, Herrick Co. bought another 44 properties leased to CVS Caremark for $190 million. [SFBJ] Christopher Cameron

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