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Walgreens sells Pompano building for $11M

Walgreens at 2401 West Atlantic Boulevard
Walgreens at 2401 West Atlantic Boulevard

Walgreens has sold a Pompano Beach retail building it occupies for $11.2 million, The Real Deal has learned.

The Deerfield, Ill.-based parent company of the drug store chain traded the 2401 West Atlantic Boulevard building on Dec. 30, according to Broward County records. The county recorded the sale on Friday.

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AN WG Pompano of New York is the buyer. The company is managed by The Nightingale Group. It obtained an $8.7 million loan from Citigroup Global Markets Realty for the acquisition.

The nearly 59,000-square-foot building was constructed in 1986 on five acres.

Another Walgreens-occupied retail building in Deerfield Beach sold for $9.3 million in November. — Eric Kalis

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